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CapitalProjectManageme

MicrosoftImprovesOilandGasCapitalProjectPerformance

Running at Full Speed

The oil and gas industry is a risky capital-intensive business. Companies

are working hard to execute projects on a global scale to nd, produceand deliver hydrocarbons. No matter the economic conditions, it is criti -

cal for organizations to efciently manage their capitals projects to controlexpenditure, manage priorities and resources, and get assets productive as

quickly as possible. It is also important to efciently and safely maintain and

upgrade these assets throughout their lifecycle.

So many projects, so many partners, contractors, and suppliers each withtheir own stand-alone scheduling system. It can be impossible to get a sin-

gle, comprehensive project schedule that you can use to plan and execute

work, never mind trying to anticipate problems or derive an accurate status.Whats more, with the industry facing

a worker shortage, the uncertainty

in being able to staff projects withenough properly skilled workers fur-

ther threatens on-time, on-budgetdelivery of capital projects.

Meanwhile, companies are under

increasing pressure to maximize theprotability of mature declining as-

sets, replace reserves, reduce costs,

accelerate execution, and improvereturn on capital employed (ROCE).

So executives need to know which

projects will best help to achievethose goals and which projects can

be properly capitalized, equipped,

and staffed for success.

Visibility Is KeyBetter visibility means greater control over schedules, resource allocation,

project success, and ultimately corporate performance.

To minimize nonproductive time (NPT) and delays, team members must

work together from a common reliable schedule. Visibility into resourcesacross your whole enterprise improves accuracy as well as the ability to as-

sign equipment, capital, and properly skilled workers to maximize success

for all projects. Being able to determine and green-light the projects that

best align with corporate objectives contributes signicantly to achievingthose objectives.

Microsoft and Its Partners Can Help

Microsoft enterprise project management solutions intelligently manage

the entire investment life cycle, from strategic portfolio decisions to man-aging work, providing real-time visibility to everyone in your organization.

A single synchronized project database delivers the reliable source for

schedules, status reports, and issue tracking. A Web-based interface p

vides secure access from anywhere. Having role-based views means t

team members, managers, and executives can access information tailoto their specic needs.

Resource management tools track capital, equipment, and workers acr

an entire enterprise, helping prevent assignment conicts, which can l

to NPT and project delays. Portfolio management tools make it possibleexecutives to evaluate projects against corporate objectives and mana

portfolio investments and work status.

Industry partners provide expertise in project management and implem

tation of Microsoft and custom-tailored enterprise project solutions.

Increase Success

Overall corporate success hinges on

collective successes of all the individprojects as well as managing the port

lio of projects and advancing those tbest align with corporate objectives.

The ability to manage resources acr

your enterprise helps improve prod

tivity because workers are matchedsuitable projects, and it helps impr

efciency by avoiding equipment a

capital conicts. Reliable shared sch

ules and status information help proteams anticipate and resolve issues a

work together more efciently. Co

bined, these improvements in prod

tivity and efciency boost the oddsproject success.

Portfolio management tools take the guesswork out of determining wh

projects to do, thereby reducing uncertainty and risk .

The global demand for energy has people in the oil and gas industry runn

at out, around the clock, to nd, produce, and distribute hydrocarb

and to design, build, and maintain the required value chain infrastructu

Enterprise project management solutions from Microsoft and its partnintelligently manage the entire investment life cycle, from strategic portf

decisions to managing work, providing real-time visibility to everyone

your organization.

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