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Technology Development & Implementation

TechnologyAfter a merger, a major oil and gas company found it was left with multiple trading systems, which were not well coordinated and supported only limited types of trading.

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Events

17Platinum: PKF Texas Gold: Schlumberger, Silver: McGriff Seibels & Williams, Westin Galleria - 5060 West AlabamaHouston Texas
Jul 20, 2012
06:30 AM - 09:00 AM
Established in 1994, the Oilfield Breakfast Forum has emerged as one of the premiere thought-leadership events in Houston, attracting over 700 industry executives per event. Held three times a year,...

Thought Leadership Blog

Recently, a client planning to participate in a Play in the Western Canadian Sedimentary Basin raised a seemingly simple question with a very complex answer: how much land should we buy? Clearly,...
Posted by: on 03/22/2012 09:40 PM
5
With today’s drilling and completion costs accounting for nearly two-thirds of the capital expenditures of some projects, you know that errors in cost and timing estimates can have a significant...
Posted by: on 03/11/2012 08:27 AM
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The usual stage at which risk tolerance is applied is the development phase of a project. Companies are comfortable with the notion of failed exploration wells, but not failed developments. Stringent...
Posted by: Pat Leach on 05/03/2011 03:14 PM
3
Routine decisions – whether business or personal – are easy. We make them without a lot of thought. Kahneman and Klein identified four criteria to be met in order to make a decision by...
Posted by: Pat Leach on 03/31/2011 12:06 PM
2
In any situation where you need to make a critical decision, there is always some level of risk – whether you’re working on an internal reorganization or considering a multi-billion dollar...
Posted by: Paul Wicker on 07/07/2010 08:55 PM
1

News/Features

36
Apr 17, 2012
Applying Decision Analysis When Faced With 1,000 Decisions
For any strategic initiative, applying decision analysis (DA) is viewed as best-in-class approach for the selection of the optimal decision path.
34
Mar 11, 2012
Oil 101, Spring 2012
A Comprehensive Overview of Oil and Gas Production

Integrated Decision Management ™

Integrated Decision Management ™ (IDM ™) is a scalable process that brings clarity and focus to the decision-making process. IDM™ can be used at all levels of an organization to help project managers, leaders, and executives make consistently sound, value-based decisions when faced with today’s complex business issues.

IDM ™ is a unique blend of facilitative techniques and decision analysis processes. The combination of rigorous analytical techniques and powerful behavioral methodologies enable large organizations to avoid significant risks while achieving positive outcomes, increased ROI, and greater stakeholder value.

Objectives of IDM ™:

  • Create high-value strategies that leverage risk and uncertainty to create competitive advantage
  • Establish executive and board confidence that fiduciary responsibilities are met and decisions are defendable
  • Enable effective implementation of each decision for superior business results
For more detailed information on how you and your organization can benefit from Integrated Decision Management, contact us today.
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