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 Project Recovery, Major Energy Company Project Risk Assessment

Situation

  • *Our client, the distribution business unit of a major energy company, had been working jointly with a software vendor to develop and replace two of their mission critical systems, their outage management and SCADA systems
  • *The project was over a year late and millions of dollars over budget, with many perceived failures along the way
  • *The rollouts of both systems were rapidly approaching, but business executives and users were skeptical of readiness
  • *New executive sponsors had taken over the project and wanted an independent assessment of the project risks of delivery and the business readiness for the new systems

Solution

  • *We interviewed business sponsors, project leadership and external vendors, and reviewed project management documents
  • *Our final report included a description of the issues and risks identified as well as a plan of action to address them
  • *Our recommendations included:
    • Adjusting the rollout schedule to mitigate resource loading risks
    • Increasing the rigor by which they managed their software vendor
    • Adding additional change management and training needed to address users concerns

Benefits

  • *The roll-outs completed to date have gone smoothly
  • *Going forward, the executives had a risk management framework and metrics to evaluate project progress and business readiness
 
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