Verification of thevenin's theorem for BEEE Lab (1).pptx
Copy of CNOOC CVX QHD 36-2 BOHAI BAY.pdf
1. CNOOC / CVX - BOHAI BAY (PRC)
QHD 36 - 2 OIL FIELD RE-DEVELOPMENT
TECOP (Technical, Economic, Commercial, Organisational, Political)
Corporate Risks
R I S K T R E AT M E N T M E T H O D O L O G Y
Prepared by Angus Macleod MAPM. : conforming to ISO.IEC 31010:2009
9. Define Project Risk Management an integral part of the Project Management Process
Proposed Risk Management Process – Introduction
10. Define Project Risk Management Process as below
Proposed Risk Management Process – Introduction
11. Identify some key elements to obtain Risk Parameters and implement the results for
Upstream Project Management Decision Making
Proposed Risk Management Process – Key Elements
12. Identified Project Risk Management Process as a Six Stage Cycle
Proposed Risk Management Process – Life Cycle
13. Identify the relationships between 6 stage Project Risk Management Process
Total Schedule Effect / Cost (+ / -) of Risk
Proposed Risk Management Process – Relationship
14. Consolidate Risks and Collect p10,p50,p90 estimates
Develop a flowchart to map the Risk Process & Methodologies
mitigation owned by
Project Function
(Subsurface, Drilling,
Facilities, Project Controls)
Proposed Risk Management Process – Flowchart
19. Quantative Risk Analysis
calculated ouput from
MONTE CARLO SIMULATIONS will indicate
which COST / SCHEDULE elements
contribute to contingency creation
and which RISK CATEGORIES
20. Defintion / Role of Monte Carlo Simulation Quantitative Risk Analyses
21. Establish Risk Management as a “Continuous” Management Process
Methodology Continuous Improvement Cycle