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Schlumberger-Private
Presented by Tony Schurle
Our Project Risk Management Journey
13 November 2019
![Page 2: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/2.jpg)
Schlumberger-Private
Overview of Cameron, a Schlumberger Company
The beginning of our risk journey
Where we are today
Hurdles Along the Way
Where do we go from here
Agenda Overview
![Page 3: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/3.jpg)
Schlumberger-Private
Legacy of Innovation and Leadership
First Blowout Preventer Designed
U BOP Introduced
Underwater Drilling and
Completion Began
First SpoolTree Production
System Installed
1920
Schlumberger Brothers Open
First Office
1922 1945 1956 1963 1993 2010 2013
1932 1946 1961 1980 2004 2016
First Comprehensive Description of Well Logging
Cameron and Schlumberger form
OneSubsea JV
First Casing Collar Locator
Deployed
First Digitized Dipmeter Logs by
Computer
First Measurement-
While-Drilling Job
First Long-Term Reservoir Monitoring
First 10K Christmas Tree Developed
First 25K BOP
Cameron joins Schlumberger
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Schlumberger-Private
Rig Performance Technology (RPT) Product Line
Pressure Control Land Rig Packages Drilling Equipment Integrated Rig Solutions
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Schlumberger-Private
Overview of Cameron, a Schlumberger Company
The beginning of our risk journey
Where we are today
Hurdles Along the Way
Where do we go from here
Agenda Overview
![Page 6: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/6.jpg)
Schlumberger-Private
Our Beginnings
0
1
2
3
4
5
6
7
8
9
Nov
-14
Dec
-14
Jan-
15Fe
b-15
Mar
-15
Apr-1
5M
ay-1
5Ju
n-15
Jul-1
5Au
g-15
Sep-
15O
ct-1
5N
ov-1
5D
ec-1
5Ja
n-16
Feb-
16M
ar-1
6Ap
r-16
May
-16
Jun-
16Ju
l-16
Aug-
16Se
p-16
Oct
-16
Nov
-16
Dec
-16
Jan-
17Fe
b-17
Mar
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Apr-1
7M
ay-1
7Ju
n-17
Jul-1
7Au
g-17
Sep-
17O
ct-1
7N
ov-1
7D
ec-1
7Ja
n-18
Feb-
18M
ar-1
8Ap
r-18
May
-18
Jun-
18Ju
l-18
Aug-
18Se
p-18
Oct
-18
Nov
-18
Dec
-18
Jan-
19Fe
b-19
Mar
-19
Apr-1
9M
ay-1
9Ju
n-19
Jul-1
9Au
g-19
Sep-
19O
ct-1
9
Risk Registers Opened Risk Registers Maintained
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Schlumberger-Private
Overview of Cameron, a Schlumberger Company
The beginning of our risk journey
Where we are today
Hurdles Along the Way
Where do we go from here
Agenda Overview
![Page 8: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/8.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 9: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/9.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 10: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/10.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 11: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/11.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 12: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/12.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 13: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/13.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 14: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/14.jpg)
Schlumberger-Private
Where we are Today
PMI Standard – PMBOK 6th Ed., Project Management Institute, Inc., Pennsylvania, USA
• Risk Review Meetings• Project Reviews
• Formulate Risk Response Strategy• Develop Response Action Plan
• Schedule Risk Analysis• Cost Risk Analysis
• Qualitative or Numeric Estimates• Qualitative Risk Scoring
• Risk Workshops• Risk Meetings
• PRM Plan Templates for Proj. Types 1, 2 & 3• How to perform PRM on a projectPlan Risk Management
Identify Risk
Perform Qualitative Risk Evaluation
Perform Quantitative Risk Analysis
Plan Risk Response
Implement Risk Response
Monitor Risk
• Implementation of risk responses• Assignment of Risk and Action Owners
![Page 15: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/15.jpg)
Schlumberger-Private
Overview of Cameron, a Schlumberger Company
The beginning of our risk journey
Where we are today
Hurdles Along the Way
Where do we go from here
Agenda Overview
![Page 16: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/16.jpg)
Schlumberger-Private
Hurdles along the Way
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Schlumberger-Private
Hurdles along the Way
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Schlumberger-Private
Hurdles along the Way
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Schlumberger-Private
Hurdles along the Way
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Schlumberger-Private
Hurdles along the Way
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Schlumberger-Private
Hurdles along the Way
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Schlumberger-Private
Hurdles along the Way
Risk Process Adoption
Financial Pain / OpportunityLow
Low
High
High
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Schlumberger-Private
Overview of Cameron, a Schlumberger Company
The beginning of our risk journey
Where we are today
Hurdles Along the Way
Where do we go from here
Agenda Overview
![Page 24: Our Project Risk Management Journey - Palisade€¦ · Our Project Risk Management Journey. 13 November 2019. Schlumberger-Private Overview of Cameron, a Schlumberger Company. The](https://reader033.vdocuments.net/reader033/viewer/2022050107/5f45c04531712772a65d060b/html5/thumbnails/24.jpg)
Schlumberger-Private
Where do we go from here?