Proven broad & deep track record

E&P Work Management Data Appraisal

Venture was commissioned to assess, define and plan a programme of work management data cleansing and enrichment to underpin a global operator’s major business improvement initiative, planned to deliver annual savings in excess of $200 million globally.

Background

The client was planning to implement SAP to support Finance, Purchase-to-Pay (P2P) and Materials Management. Maximo was retained for work management and the software platform upgraded. Some aspects of the underlying work management data were known to be of inadequate quality and completeness to enable a smooth migration to the new integrated systems architecture and successful new business processes.

Process

Venture’s consultant joined the client’s integrated team responsible for planning and (subsequently) effecting the migration for its North Sea operations. Key activities included:

  • Assessing the condition (availability, quality, completeness etc) of available work management data and the impact of identified problems on both the migration activity and new operational architecture
  • Understanding the requirements for work management data in the new environment and the close integration of work management with the other systems and processes
  • Defining and planning migration activities and tasks to ensure that migrated datasets are clean and sufficiently complete to support the new integrated environment
  • Helping to identify, define and plan the migration of value-adding data that will enrich the current data sets to improve business performance in the new environment.

Benefits

Work management data is the client’s key source of equipment details and work planning information that underpins work scheduling and the associated procurement of materials and services required.

Venture’s analysis enabled the client to understand the problem areas and plan realistically for effective migration, cleansing and enrichment of the data as an integral part of the high-profile business change programme.

Improvements to the work management data will enable safer operations in addition to the targeted cost savings. 

Client Spotlight

BP
BP

From advisory services and data management through to EIM, Venture has delivered a wide range of Information Management solutions to BP’s upstream business