Concept for managing constraints of an oil field development project

Abstract

The article is devoted to the identification and evaluation of specific design constraints in the implementation of oil field development projects. A sequence of stages for identifying, evaluating, and managing project constraints is formed. The characteristic of the levels of manageability of project constraints is given and the actions of the manager for each level are defined. A method is proposed for determining the ranks of restrictions, taking into account the probability of occurrence of a restriction and the degree of its influence on the project result. The system of values of the point scale for assessing the levels of manageability of project restrictions is defined. Relationship established of the riskiness of the project and the level of manageability of the design constraints.