000 02436nmc a2200277 4500
005 20260520005609.0
008 260224s2001 xxu ing
041 _aInglés
245 0 0 _aProject Management as an Investment Budget Controller
_bSPE 69598
260 _aDallas, Texas
_bSociety of Petroleum Engineers
_c2001
270 _a12/09/06 ; 17/07/01
520 _aProject Management (PM) is a tool used in many industries to track large development projects from basic engineering to finalization. The main goals of PM are meeting cost, quality and time objectives. This paper shows basic application characteristics of PM, the tools required in implementation, main problems and results. Our challenge was to adapt this tool for tracking capital expenditures of projects exceeding their fiscal year budget, at different development stages and classified according to their nature (pipelines, treatment plants, electricity facilities, etc.) or to a common target (a particular field development) and with maintenance programs strongly linked to production. The PM system was implemented at the Puesto Hernández field, Neuquen Basin, Argentina. Capital expenditures of this field amounted to $100 million. As a result of this implementation and better contract planning, budget deviations were reduced by 90%, and timing, cost and quality objectives were met despite changes to the Investments Plan due to internal and external factors. In setting up the methodology, it was necessary to adapt Project Management to the accounting management system; develop procedures for programming tasks, tracking project progress and recording changes; coordinate different internal areas; optimize resource allocation; and correct deviations.
942 _cCONGTP
100 1 _aFernández, H.
_96481
100 1 _aArdiani, G.
_96482
100 1 _aBenitez, L.
_96483
100 1 _aMunizaga, F.
_96484
111 2 _aLatin American and Caribbean Petroleum Engineering Conference (7th : 2001 mar. 25-28 : Buenos Aires, Argentina)
_95738
700 1 _aArdiani, G.
_96482
700 1 _aBenitez, L.
_96483
700 1 _aMunizaga, F.
_96484
711 2 _aLatin American and Caribbean Petroleum Engineering Conference (7th : 2001 mar. 25-28 : Buenos Aires, Argentina)
_95738
800 1 _aFernández, H.
_96481
999 _c131158
_d131158
856 _uhttps://biblioteca.iapg.org.ar/ArchivosAdjuntos/LACPEC2001/Spe69598.pdf