Oil, Gas and Petrochemical
Supporting oil and gas companies to implement and deliver value through world-class project delivery and benefits management.
Advancing Excellence: Impact on Oil, Gas, and Petrochemical Projects
Ricardo Vargas has assisted numerous global oil, gas, and petrochemical organizations in selecting, implementing, and optimizing project and program management solutions for delivering highly complex capital projects, such as oil platforms, refineries, and other petrochemical operations. He holds a master's degree in industrial engineering and a Ph.D. in civil engineering and has significant experience in the sector.
How We Support Oil, Gas, and Petrochemical Organizations.
- Quick Wins® Approach: Using our Quick Wins® approach to project planning, we can help oil and gas organizations to plan, execute, and close projects effectively and efficiently.
- Enterprise Risk Management: Our Enterprise Risk Management process helps your organization protect assets and operations from potential threats, such as accidents, natural disasters, and regulatory violations.
- Project Office Optimization: With experience in more than 50 projects aimed at implementing and optimizing capital investment project offices, we utilize methods like the Design Structure Matrix and Analytical Hierarchy Process. These approaches address and interconnect complex dynamic systems in downstream and upstream programs and petrochemical plant implementations, renovations, and upgrades.
Our Clients in Oil, Gas & Petrochemical Industry
All clients
What Kind of Support can we provide to you in the Oil, Gas & Petrochemical Industry
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
Crisis Planning and Management
We can help your organization respond to both external and internal crisis.
This can include both proactive preparations and contingency plans to minimize damages in the aftermath of a crisis.
Our expertise can assist with:
- Pre-crisis planning
- Crisis trigger mapping
- Crisis room design and implementation
- Emergency Response teams
- Impact assessments
- Critical Response implementation
- Media and stakeholder communication
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
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
Project Recovery
Recovering from a project in crisis requires special expertise acquired by living through and working on the front lines of crises.
Ricardo Vargas knows first-hand what steps need to be taken to put an organization back on the path to recover.
These include:
- Recovery plan development
- Alternatives assessment
- Outcomes assessment (addition, absorption, starvation or extinction)
- Premature project closeout
- Recovery plan implementation through Quick Wins®
- Contingency plan implementation
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