Energy Sector
We support your sector in delivering high-quality projects on schedule and within budget, mitigating risks, and enhancing productivity.
Driving Sustainability: Empowering Energy Companies with Innovative Project Management Solutions for energy generation and distribution.
A Gartner report forecasts that by 2025, half of the power utilities will enhance their emissions management platforms with Gas Emissions Management Solutions (GEMS) capabilities.
Facing the challenge of producing cleaner energy and reducing carbon emissions, energy companies are increasingly exploring renewable energy sources, hydrogen, kinetic energy, and other innovative options facilitated by research and available technologies. Ricardo Vargas has globally supported several energy organizations in selecting, implementing, and optimizing project and program management solutions to maximize value and achieve desired benefits. Ricardo, a Chemical Engineer with a master’s in industrial engineering and a Ph.D. in Civil Engineering, brings relevant expertise to the sector.
Here are a few of the ways our services can benefit your industry
- Risk Management: Our enterprise risk management process is designed to identify and mitigate a spectrum of project risks, including financial, regulatory, operational, market, geopolitical, and environmental risks, safeguarding against delays or unforeseen expenses.
- Quick Wins® Approach: Employing our Quick Wins® approach to project planning, we assist energy industries in planning, executing, and concluding projects with effectiveness and efficiency.
- Portfolio and Programs: Integrating ESG considerations into energy industry portfolio management supports risk reduction, enhanced long-term performance, and sustainable development goals. ESG criteria facilitate the identification of companies adept at navigating environmental and social challenges with robust governance. Firms excelling in ESG often exhibit greater resilience to regulatory and market shifts, attracting socially conscious investors. Moreover, ESG practices enable energy companies to lower costs, boost efficiency, and enhance their operational legitimacy. Ricardo Vargas has dedicated nearly two decades to refining a mathematical model based on the Analytical Hierarchy Process for project comparison across various metrics, allowing for the assessment of projects from large-scale constructions to new marketing initiatives.
- Change Management: The energy sector's evolution requires the adoption of advanced technologies, internal process reorganization, and a reevaluation of traditional business models. In collaboration with our clients, we facilitate the execution of renewable and pollution-free energy projects. For energy companies, leveraging digital transformation, collaboration, and cybersecurity as competitive advantages is crucial.
Our Clients in Energy Industry
All clients
What Kind of Support can we provide to you in the Energy
Quick Wins® for Accelerated Planning
Imagine going from nothing to complete in 3 weeks! Our industry-leading Quick Wins® methodology can be used to structure and execute a project when circumstances do not allow for a normal planning process.
This can provide your organization with a tremendous competitive edge when project completion represents the difference between leading and following industry trends.
Quick Wins® can help guide:
- Status assessment
- Team planning and composition
- First version definition
- Design and implementation of a communications plan
- Contingency process implementation
- Identification of risk triggers
- Project-specific leadership training and coaching
- Support through to project operation
Enterprise Risk Management
Using the latest mathematical simulations and machine-learning algorithms, we can help your organization develop a predictive system to monitor for the inflection points in your industry – and the opportunities that accompany them – that many of your competitors may overlook.
We can help you deal with:
- Scenario planning and environmental scanning
- Risk thresholds definition
- Risk triggers
- Risk database development
- Simulation modeling
- Bayesian estimates of intangible benefits
- Modeling of financial reserves
- Risk performance indicators definition
- Sarbanes-Oxley Act requirements
Hybrid Models
Our clients have unique needs that cannot be met by any single model of agile transformation. For that reason, we build and implement hybrid models that combine Waterfall and Agile methodologies.
Ricardo Vargas is committed to taking the best parts of each methodology to find a tailored approach. We combine precise scope delivery with daily scrums while helping to create risk registers with Kanban methods.
We will help your organization:
- Plan coexistence of Waterfall, Agile and Hybrid methodologies
- Plan Agile sprints and scope definition
- Utilization of Agile Work Breakdown Structure (WBS)
- Establishment of Scrum Master and Project Manager
- Improve WOW with Disciplined Agile delivery
- Iteration planning
Change Management Consulting
We can support your change management journey, from initial assessment to workforce transformation and readiness for change.
We can help you address:
- Change readiness assessment and budgeting
- Identification of change drivers and sponsors
- Workforce engagement and transformation
- Stakeholder mapping
- Communications planning
- Human resource management
- Promotion of psychological safety
Quantitative Methods and Risk Simulations
Increase the reliability of your forecasts with the most sophisticated mathematical and statistical simulators.
We are pioneers in the implementation of risk analysis simulation, with strong experience in the use of Monte Carlo Simulation and other methods.
We can also help with:
- Risk data modeling
- Simulation software implementation and setup
- Data planning and structuring
- Scenario planning
- Statistical treatment of results
- Mathematical modeling and estimates of financial and time reserves
Portfolio Selection and Optimization
We can help compare different projects using mathematical modeling and simulations.
In addition, we can help you with:
- Portfolio maturity assessment and gap analysis
- Design of portfolio management models
- Application of the Bayesian estimator to model the intangible benefits of administrative projects or those not directly measurable
- Comparison criteria definition
- Budget and financial reserves modeling
- Creation of portfolio performance indicators
Do you want to improve your Energy Industry infrastructure?
Say no more! We have the best cows and pigs to help your production skyrocket!