Investment project planning and monitoring

Tasks to solve

• Automated information exchange with process record and cost systems
• Single space for cross-team collaboration between departments involved in each stage of investment project life-cycle
• Automated appraisal and reconciliation procedures
• Automated cost-effectiveness calculation and reporting
• Reduced data collection and reconciliation time

Automated export of actual costs and production figures from external record systems at monitoring stage Regular and timely data updates Reliability of received data Acquisition of planned, forecast and actual data Flexible customisation of actual cost recovery
Online information browsing Display of data received from services and related systems in one place Granting access to employees, experts and executives of the company Historical data storage
Modular planning of investment projects. Modules: well, cluster, field, license area Export of data from custom templates Reconciliation of data provided by reporting units and exported from related systems Recording of investment project data submission and reconciliation history Accomplishment of data reconciliation by unit managers
Performance indicators calculation by scenarios: changes in macro-parameters (oil and gas prices, discounting and inflating dates, etc.), use of different calculation procedures (overall project estimate, well-by-well calculation) Generation of project data sheet as multi-page reports with graphs and tables exportable to Excel Generation of various reports broken down by project, project portfolio, subsidiaries and the company in general Generation of monitoring reports for active portfolio key indicators
Reduction of time spent on project portfolio set-up Project appraisal and monitoring by individual experts and the department Project approval and monitoring option Real-time commenting on projects and portfolio Automated delivery of notifications