1 / 13

TEMADAG NSP 18 FEBRUAR

Fleksibilitet i prosjektgjennomføring. TEMADAG NSP 18 FEBRUAR. Project Execution Volume 75 BNOK. Improved earnings. Billion NOK. Same volume anticipated next five years. 1998. 2003. Sales and Assets Divested NOK 25 billion. VAW. Aluminium production. Oil/gas production. Billion NOK.

kpeeples
Télécharger la présentation

TEMADAG NSP 18 FEBRUAR

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Fleksibilitet i prosjektgjennomføring TEMADAG NSP 18 FEBRUAR

  2. Project Execution Volume 75 BNOK Improved earnings Billion NOK Same volume anticipated next five years 1998 2003 Sales and Assets Divested NOK 25 billion VAW Aluminium production Oil/gas production Billion NOK BPD 1998 2003 1998 2003 Norsk Hydro accomplishment last five years Aquisitions

  3. Business Feasibility Study Phase Concept Selection Phase Preparation For Execution Execution Operation Development Hydro Stage Gate System (Capital Value Process) DG1 DG2 DG3 DG4 DG5 Light metal Agri Oil and energy Divest next year To achieve Predictable and competitive projects

  4. Value creation Project Development Value control Project Execution DG 4 DG 5 DG 0 DG 1 DG 2 DG 3 Our performance is of high professional standard We need improvement in integration of multicompetence Next slides will mainly include tools and methods up to Project Execution DG4 Hydro Capital Value Process OUR FOCUS AND ROLE

  5. Business Feasibility Study Phase Concept Selection Phase Preparation For Execution Execution Operation Development Capital Value Process (CVP) overview DG1 DG2 DG3 DG4 DG5 Decision Gates Gatekeeper (Project owner establish drivers and expectations) Decision Gate review Decision Gate Support Package Evaluation of project after one year of operation

  6. Hydro Best Practices • PURPOSE • Consistent approach in Project Development • To understand the business drivers • Consistent approach in estimates • Integrated teams • Common terminology to avoid misunderstanding (Integrated team) (Project maturity) (Adequate to make A decision) (Experience transfer) (Technical, safety and Quality control before Start-up)

  7. Start-up Arena • Purpose • Ensure • Common understanding of the strategic fit • Common understanding of scope and necessary level of details • Alignment on objective, deliverables, critical success factors and goals. • Decide appropriate level of CVP implementation

  8. Start-up Arena – Key Focus Allign those who generate income possibilities (geologists, reservoir engineers, drilling engineers) WITH Those who generates cost (facility engineers) TO Balance risk and opportunities AND Achieve best overall business result for Hydro and Partners

  9. Capital Value Process Quality Control Abbreviations: DG – Decision Gate PRM – Project Risk Managment PDRI – Project Definition Rating Index DGSP – Decision Gate Support Package IDC – Interdiscipline Check

  10. Benchmark Statistics to measure our performance Schedule Performance Cost Performance Production Performance Performance Industry Average Source: IBC 2003 Volatility

  11. External benchmark • Norsk Hydro uses IPA to benchmark our competitiveness both in project development and project execution phase. • Learning • Integrated teams through project development, consisting of business owner, reservoir engineers, petroleum technology, drilling and facility engineers, is imperative for success.

  12. Our focus during Project Execution • Frames • Contractors does most of the work through EPC or split contracts • Owner has a strong & competent team to: • Manage contractual & technical interfaces • Control safety through strong leadership • Avoid scope changes • Schedules trending & control • Control cost • Control quality All based on standard systems

  13. Closing remarks • Designing a consistent system is 10% of the work • Implementation in work processes, people and organisations is 90% of the work • We have therefore designed a training camp with real business cases to capture Capital Value Process way of thinking and working into our employees mind • Results are: • Highly motivated workforce because they understand the drivers & overall issues • Efficient use of resources. We do no more than what is necessary

More Related