Enhanced Field Development Solutions technology evaluation

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Enhanced Field Development Solutions Technology evaluation, qualification and development planning Are you missing the boat - or avoiding a shipwreck? New technologies bring new opportunities - and risks. Your company needs world-class technical professionals who can evaluate and qualify new technologies, as well as highlyeffective technology development strategies that address uncertainties and complexities. If your company is considering the potential development or deployment of new technology, how do you know whether you can or should take the risk? You routinely make decisions regarding technology evaluation, qualification and development planning. Do you use a disciplined method to consider the issues, or a strategic path forward? When Quality Decision-Making (QDM) practices are employed, corporate leaders can be assured that: •

A rational, auditable basis for decisions is defined and documented

Precious resources (people, money and time) will not be wasted

There is a greater chance that optimal solutions and strategies will be revealed

Teams will be mobilized with greater commitment to the plan and objectives

The likelihood of a positive outcome will be greatly enhanced.

Do Not Use (+$0) Run Pilot Program

50% Performs (+$100)

(-$10, 6mos)

Quality Do Not Use (+$0)

Improved

30% Underperforms (+$0) 20% Failure (-$50)

20% Performs (+$80) Deploy Now

(based on vendor assurances)

50% Underperforms (+$0) 30% Failure (-$50)

Powerful methods for assessing the ‘value of information’ provide an expected return perspective on technology development initiatives. WorleyParsons and INTECSEA bring more than world-class engineering capability to support your new technology initiatives.


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