Control Progress

As soon as the project commences, the project enters the controlling phase. Controlling the project progress against the project plan is now effective because of the presence of a well defined project plan.

Controlling progress consists of the following:

Progress Reporting System
Change Control Tools
Project Progress vs. Project Plan

Progress Reporting System

Once the project is underway Artiva Group ensures that it proceeds according to plan. To do this we establish a reporting system that has the following characteristics:

Gives timely, complete, and accurate status information
Is readily acceptable to the project team and senior management
Gives warning of pending problems in time to take action
Is easily understood by those who have a need to know

Depended on the client's preferences (which are established before starting the project) Artiva Group can provide (but not limited to) the following types of reports:

Current Period
Cumulative
Exception (senior management)
Variance
Gantt Chart
Earned Value Analysis (EVA)

These reports are updated daily to provide real time progress.


Change Control Tools

Revisions... Revisions... Revisions... The change is constant. Artiva Group is prepared for the change of the project scope. In seismic exploration the common changes can be described as follows:

Adding to the original project size
Cutting the size of the original program
Relocating source lines (exclusions, shut-outs, etc.)
Different equipment than originally planned
Other

Note: Many of these changes are results of inferior scouting.

Whatever form or shape the change of scope is it will always affect the project outcome (from the original plan). The impact of the scope change is analyzed by Artiva Group in the Project Impact Statement (PIS) and submitted to the client. The impact of change on the project could be as follows:

1 Can be accommodated within the present resources, budget and timelines
2 Can be accommodated but will require an extension of the deliverable schedule
3 Can be accommodated within the current deliverable schedule but additional resources will be needed
4 Can be accommodated but additional resources and an extension of the deliverable schedule will be required
5 Can be accommodated with multiple release strategies and prioritizing the deliverables across the release dates
6 Cannot be accommodated without a significant change to the project


Project Progress vs. Project Plan

Planning, Planning, Planning...Planning

It's hard to overestimate the importance of planning for project(s) such as seismic projects; any project(s) for that matter of fact. In general, project failures in most cases can be tracked back to deficiencies in the planning process ...

In this phase Artiva Group tracks the project progress by comparing the progress against the project plan. Tracking the project cost and schedule makes it possible to detect potential problems well in advance, and determine appropriate corrective actions to restore a project to its planned schedule. This is only possible with Earned Value Management (EVM). We use it on every project we are involved in and we excel in it.

EVM has the ability to combine measurements of scope, schedule, and cost in a single integrated system. When properly applied, EVM provides an early warning of performance problems. Additionally, EVM improves the definition of the project scope, prevent scope creep, communicates objective progress to stakeholders and keep the project team focused on achieving progress.

Earned Value differs from the usual budget verses actual cost (used by seismic Prime Contractors) incurred model, in that it requires the cost of work in progress to be quantified. This allows the project manager to compare how much work has been completed against how much work he expected to be completed at a given time (from detailed project plan).

EVM implementations include many more features. However, the most basic requirement of an EVM system is that it quantifies progress using Planned Value (PV), Earned Value (EV) and compares it to Actual Cost (AC). The criterion for EV and AC is a Cost Performance Index (CPI) and Schedule Performance Index (SPI) for EV and PV respectively.


Earned Value (EV) is the most comprehensive and accurate trend analysis technique to project managers today. Using trend data it is possible to forecast cost or schedule overruns at an early stage (as early as 15% to 20% into the project progress). It allows you to have an early warning system to identify and correct problems before the project is due. This will prove to our clients that we have a reliable management methodology in place.



Managing seismic projects using OTHER than SPECIFIC MANAGEMENT PROCESSES is precisely why our seismic projects have a failure rate of 73 percent.


Controlling Project

The Facts are:

Project Management is a profession, a body of knowledge, a certification process or even simply a more formal way for successfully delivering projects under real-world time and resource constraints.

 

The Reality is:

Many companies claim to offer "complete project management services", yet 73% of seismic exploration projects are over budget (sometime way over and mostly in the pre-recording phase).

 

NO PLAN - NO CONTROL

If you don’t have a plan you cannot control and if you aren’t in control, you will soon be told about it and steps will be taken to get you in control or to get you out of the way.

Using EVM

PROJECT MANAGEMENT

Project Management is a specific management process. There are certain rules in planning; they are applicable to the project management discipline and not to operations management prerogatives.

Seismic projects failure is directly linked to two major areas :

 1.  Inadequate Project Management Processes

2.  Accidental Project Managers


Phases of Seismic Project Failures



REFINING THE FOCUS

Project Management was developed to save time on a project by planning it out and considering all relevant factors which may affected its outcome. The benefits are proven - it saves time and money, and generates a successful outcome. This is accomplished by using specific management processes.


A simple and straightforward process will set the way for successful use of Project Management

which is what we excel at

Do you want to manage your seismic projects better or remain status quo?

We are looking forward to meet with you.

GIVE US A CALL

403-650-1339

The decision is yours!


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