Risk Management –
“A picture of understanding and prioritization”
Mads Hembre
Leading Advisor Risk Management in Projects
Classification: Internal
2010-11-26
Classification: Internal
2010-11-26
Classification: Internal
2010-11-26
Summary Slide
•Step by step…
•Continuous improvement
•Homepage Network
•Presentations, tools, request, examples…
•Risk module users
•The Risk Management process
•Users from different BU’s
•From web to R3
•Risk module
Classification: Internal
2010-11-26
Summary Slide (cont.)
•Risk actions and quality control activities
•Risk based monitoring
•Functional Description - QRM
•Stakeholder and risk management
•Cost assessment
•Cost impact
•Ambition to Action - risks
•Aggregation of Risk Management
•Network and seminars with participation outside PRC
•Participating in external boards, networks, seminars
Classification: Internal
2010-11-26
Step by step…
2007
2008
2009
2010
2011
2012
2015
“Customers”
PRO
UPN, TNE, INT, NG, GBS
Global
Governing documents
WR2365
WR2404
GLxx
RM in FR05
GL DGSP
Classification: Internal
2010-11-26
“Shall” WR2365
Aggregation
Revision of
WR2404
GL Stakeholder
Mgt
One document
Risk strategy
Step by step…
2007
2008
2009
2010
2011
2012
Development
New Web
New Scale
Risk Lite
”aggregation”
Risk based Monitoring
R3
”Reports across”
Action
calculation
Contingency vs
Register
Target Cost
Risk profile
”Logical
aggregation”
Available checklists
“Total risk picture”
Classification: Internal
2010-11-26
Continuous improvement
2007
2008
Aligned – terms/process
2009
2010
Project Managers
agenda
“Standard”
Risk based experience
”More quantitative”
•Context
•Description
•Action
strategy
“Risk Mgt for Mgt”
2010-11-26
2012
Risk based Monitoring
Awareness
Classification: Internal
2011
Aligned scales
Aligned cause categories
Risk based processes
2015
Homepage Network
Classification: Internal
2010-11-26
Presentations, tools, request, examples…
Classification: Internal
2010-11-26
O
ct
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9
Risk module users
Development users - Risk module
1200
1000
800
600
Classification: Internal
No of users
400
200
0
2010-11-26
The Risk Management process
Classification: Internal
2010-11-26
Users from different BU’s
User pr BU last 6 months
649
700
593
554
600
500
400
300
200
82
87
97
36
100
0
GBS
UPN
INT
M&M
* Some few CFO users added to GBS
Classification: Internal
2010-11-26
NG
PRO
TNE
Risk module
Reports
Risks list
Risk
Matrixes
Action list
Action
Classification: Internal
2010-11-26
Risk actions and quality control activities
Project
Risk Identification
Disciplines
Contracts
Subprojects
Risk Assessment
Risk Action
Risk Control
Quality System
Contract/discipline
Audit
Examination
Assignment
Notif
y
Observation
s
Classification: Internal
2010-11-26
Prep
are
Follow up
Exec
ute
Rep
ort
Close-out
Risk based Monitoring
1. Target
Input
2. Outcome
3. Objectives/
A
strategy
Risk Breakdown
Structure / WBS
Categories /
Disciplines
Risk Module
Monitoring Module
-Quality
-HSE
Classification: Internal
2010-11-26
Risk based monitoring
•Monitoring Activities are one of the tools we have to mitigate threats
•Risk actions can be classefied as follow up or monitoring activity.
Classification: Internal
2010-11-26
Stakeholder and risk management
Classification: Internal
2010-11-26
Cost assessment
Deviatio
n
•Cost
•Progres
s
•Both
50%
?%
CCE
Classification: Internal
2010-11-26
C
o
n
ti
n
g
e
n
c
y
R
e
s
e
r
v
e
Cost impact
Classification: Internal
2010-11-26
Aggregation
Top 10 pr. MPPx
ODV
Business
Cluster
MPPx
Field Projects
Oseberg
V&M X
B&B Y
PRO MOD
Project A
Projects
Classification: Internal
Top 10
pr.
field1
2010-11-26
Troll
V&M X
V&M Z
B&B Y
PRO MOD
Project A
Gullfaks
V&M C
B&B A
PRO MOD
Project A
Other
V&M A
B&B A
PRO MOD
Project A
Top 10
domene
Network and seminars with participation outside
PRC
•Risk network meeting 2008
•Quality and risk network meetings with external participations
– 2009 (8/10 score from participants)
– 2010 (8/10 score from participants)
•Risk day with UPN, training of risk mgt resources UPN
•Training of Contractors in UPN (V&M)
•Risk Management presentations (SINTEF, Forsvaret, Proactima, UiS, other
internal departments, TNE, GBS, INT)
•Understanding Statoil Way (internal participations)
Classification: Internal
2010-11-26
Participating in external boards, networks,
seminars
•Prosjekt 2009
– Leading adv risk management : Speech
•Energy Project Management 2009
– Leading adv. risk management : Speech
•Lifecycle Risk Management For Offshore Renewable
– Risk Management: Speech
•Kvalitetsdagene 2010: Leading advisor risk management : Speech
•Local seminars NFKR: Speeches (Stavanger)
•Presentation of Risk Mgt for different students (Stavanger, Trondheim)
Classification: Internal
2010-11-26
Supporting
universities/academia/corporate trainees,
courses
MASTER STUDENTS
• Several master students have had leading advisors as during the master thesis work
– Camilla Knatten, Hanne Eng Sørlid, Valiander Shaila
• These activities secure recruitment of young professionals into project control, provides good
relations with academia and provide the leading advisor with new ideas.
• PROJECT ACADEMY
– Basic, Essential, Field Dev.
– One day risk course (4 times a year)
– Business Development – Risk Course
– ½ day risk based monitoring
– ½ day risk management GBS
• PUS – Praktisk usikkerhetsstyring (Statoil, Telenor, Forsvaret, Vegvesnet, Jernbaneverket,
Statsbygg) – research program 2006-2010
– Several master students, 1 doctor Hans Petter Krane
– Several workshops, forum days with involved partners (Statoil arrange 1)
Classification: Internal
2010-11-26
From web to R3
•Risk Management Module
•Monitoring Module
•Experience Transfer Module
•Link supplier information
Risk module
EXperience
TRAnsfer
module
Classification: Internal
2010-11-26
Supplier info.
Monitoring module
Adjustments…
Classification: Internal
P1-25
P50-75
P75-100
P1-5
P5-25
P50-100
2010-11-26
Aggregation of Risk Management
PRO Top 10 Risk
Register2
Top 10 pr. cluster2
PRO
PRO LED
Business
Cluster
PRO ONO
Top 10 pr. unit2
PRO ONO
Bergen
Business
Unit
Field Projects
Oseberg
Project A
Project B
Project C
Projects
Classification: Internal
2010-11-26
Troll
Project A
Project B
Project C
Top 10
pr.
field1
Gullfaks
Project A
Project B
Project C
Other
Project A
Project B
Project C
Top 10
pr.
project1
41
MPPx
MPPS
Statfjor
d
Snorre
MPPN
MPPB
Volve
Sleipne
r
Brage
Visund
Veslefrikk
Gimle
Troll
Grane
Glitne
Tordis
Gullfaks
Oseberg
Heimdal
Kvitebjørn
Heidrun
Kristin
Njord
Norne
Snøhvit
Åsgard
Huldra
Aker/
Reinertsen
RS2010
Keppel
Maersk
AOP
Seawell
AOP
tampen
Aibel
Classification: Internal
2010-11-26
SNOREV
Deutag/KCA
Reinertsen
Odfjell
Ved aggregering fra ”underliggende” domener vil
all relevant identifikasjons informasjon bli
aggregert opp til overliggende domener
Distribute risks
Sub Project level
SDT
Project A
Project B
Project C
Project D
Classification: Internal
2010-11-26
47
“the essence of project management is risk management”
Thank you
Risk Management – A picture of understanding and
prioritization
Mads Hembre
Leading Advisor Risk Management in Projects
madsh@statoil.com, tel: +47 51 99 00 00
www.statoil.com
Classification: Internal
2010-11-26