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How would you design a decision support system to improve managing this project? Provide your suggestions in a Word File.( Do not describe case study
How would you design a decision support system to improve managing this project? Provide your suggestions in a Word File.( Do not describe case study please give suggestions of improvement in the case study project)
and transmission systems (pipelines, compressor stations, etc.) for decades in This Ain't Freakin texas the Southwest and Rocky Mountain areas of the United States. For many, this Bill Fournet President and CEO, The Persimmon Group, new Marcellus resource area (or "play") was similacto a gold rush-virgin LLC opportunities in close proximity to the population-rich cities of the Northeast, promising a steady supply of natural gas to support their winter heating needs. One of the greatest issues project teams face today is the ossification of Like previous gold rushers, they hurried into an environment fairly unkopyro to assumptions-the hardening of assumptions into facts without validation. This them-in culture, geography, laws, and weather. negatively impacts decision making and actions taken by the team, ultimately increasing the risk of failure. Yet, assumptions are something we use every day in our lives. So, how do we identify and mitigate those that could cause Within two years, many of those initial companies-especially the support services providers (engineering, construction, and site work) retreated to their our project harm? This paper will provide, through case studies, an understanding of how this ossification of assumptions can happen; a proven home territories, having suffered financial and reputational losses. They had technique to overcome it; and the role leadership has in developing a culture been pummelled with a host of issues ranging from: to prevent it. The intention is to help project managers reduce risk impact `delays to construction schedules caused by the Indiana Brown Bat caused by the ossification of assumptions through: (protected under the Endangered Species Act), 1. Learning new techniques to manage and validate assumptions. massive delays in environmental permitting due to only three 2. Improving decision-making time and quality through assumption Pennsylvania state approvers (one of whom would return any approaches. application due to grammatical or spelling mistakes, thus restarting "the clock"), 3. Understanding, through case studies, how poor assumptions management can impact an organization's success. local relations issues due to a lack of understanding how the various community governments work (townships, villages, cities, etc.), and cultural backlash, partly due to landowner's distrust left over from Introduction- In 2004, Range Resources discovered they could their relationship with the coal industry and lack of understanding of employ hydraulic fracturing and horizontal drilling in the Marcellus shale area how royalties work. in Pennsylvania. The Marcellus was known to be rich in natural gas, but prior A local project manager who had led engineering and construction projects for to this discovery, it was not economically feasible to access the natural gas in the chemical and utility industries summarized this phenomenon as "T.A.F.T- This Ain't Freakin' Texas." His meaning was clear: Everything those a sustainable way. After the 2008 spike in energy prices and the rapid companies and their support firms assumed regarding engineering and adoption and application of these drilling techniques, oil and gas firms started construction projects based on their experience elsewhere was wrong in the Northeast. Yet, did this have to happen? No. At least not all of it, nor to that expanding rapidly into the Marcellus. In the succeeding years, energy degree of impact. The failure by these companies to manage assumptions at companies rushed into Pennsylvania to secure land and right of way (ROW) both the tactical (project) level and the strategic (company/market) level led to options for construction of pipelines, wells, and plants, in order to increase millions (possibly billions) in wasted capital and lost opportunity costs. This lack of assumptions identification and-more importantly-validation, was at their potential market share. Most of these companies came from Texas and various levels-from the tactical, project level to the strategic, business model Oklahoma, where they had operated and maintained oil and natural gas wells level. It could have been greatly reduced, or even prevented, had teams captured and managed key assumptions during planningStep by Step Solution
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