Curbing rework in offshore projects: systemic classification of risks with dialogue and narratives

Love, P.E.D. and Edwards, D.J. (2013) Curbing rework in offshore projects: systemic classification of risks with dialogue and narratives. Structure and Infrastructure Engineering, 9 (11). pp. 1118-1135. ISSN 15732479 (ISSN)

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Abstract

Rework arises in offshore projects due to errors and omissions, and this can significantly contribute to project cost and cause schedule overruns. Indeed, these additional and unnecessary costs can uncontrollably spiral to account for 25% of capital expenditure for offshore platform projects. Yet rework costs are frequently dismissed as isolated and rare instances of unfortunate circumstances and alien to normal practice. Original evidence stemming from this research indicates that cost and schedule overruns are a recurrent feature of offshore projects. Moreover, the risk of overruns are further exacerbated by increasingly complex commercial and contracting arrangements, technical challenges, changing local economic and regulatory conditions, and a shift towards projects being undertaken in peak oil frontier regions. To acquire new knowledge on the dynamics of offshore rework, the experiences of 23 oil and gas industry practitioners were captured using in-depth interviews. A risk classification matrix was subsequently developed in order to provide a frame of reference to mitigate future rework. Failing to give consideration to rework risks increases the potential for latent conditions to become embedded within organisational and project systems and processes. Consequently, the likelihood of failures, accidents or even catastrophes increases. © 2013 Copyright Taylor and Francis Group, LLC.

Item Type: Article
Uncontrolled Keywords: error, learning, offshore projects, rework, risk, Capital expenditures, Classification of risk, learning, Likelihood of failures, Offshore project, Oil and Gas Industry, Regulatory conditions, rework, Drilling platforms, Embedded systems, Errors, Gas industry, Offshore structures, Risks, Costs
Subjects: H700 Production and Manufacturing Engineering
Divisions: Faculty of Computing, Engineering and the Built Environment
Faculty of Computing, Engineering and the Built Environment > School of Engineering and the Built Environment
Faculty of Computing, Engineering and the Built Environment > School of Engineering and the Built Environment > Integrated Design Construction
UoA Collections > UoA16: Architecture, Built Environment and Planning
Depositing User: Hussen Farooq
Date Deposited: 05 Aug 2016 12:37
Last Modified: 05 Aug 2016 12:37
URI: http://www.open-access.bcu.ac.uk/id/eprint/2642

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