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Program and Portfolio Management Information Systems

   

Added on  2023-06-11

12 Pages3074 Words223 Views
Running head: PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Program and portfolio management information systems
Name of the Student:
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1PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Introduction
Project managers and systems engineers are concerned over the issues of organization,
for instance, masterminding, evaluating and controlling, planning, and supervising risk. By virtue
of undertaking manager, the wander credits to be administered fuse assignment outlines; checks;
design; spending design; wander structure; staffing; resources; system; and danger factors. Thing
properties regulated by systems engineers, for instance, essentials assignment and spill down;
system configuration; structure of and coordinated efforts among specific gatherings and
endorsement.
Business process and management
Varella and Jacobs (2017) stated that the process that contraption's group wrapped up the
exploratory. Eleven group people passed on, and others were truly hurt, as fire immersed and
finally devastated the device. Likewise, in spite of the way that the nation would not know the
full degree of the calamity for a significant long time (Khan & Hashemi, 2017). The project
manager needs to perform and ensures regarding completion of the project work along with
reviews for the whole project. Alternative system solutions are properly designed as well as
selected in order to encounter the system. The application system has the approaches for helping
the project managers to solve the issues as well as deploy the new system. Selection of the
factors are important for the organization in order to solve the issue and makes collaborative
nature. It can be imposed of the process and enhances the system that can be helpful to solve the
problems. Based on the opinion, it is required to develop the process that can develop the
usability as well as understanding the process and realization of the program. It is important to
focus on the application system that

2PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
The major general management system will deal with the fact that the management
proceeding regarding the usage of the exhaustive and the blowout preventer takes into
consideration the fact that the prosecution of the BP Deepwater Horizon Oil Spill and Offshore
Drilling is initiated. The blowout preventer acts as the last line of defense for the oil drilling
organization. In case, the blowout preventer is out if order the oil spilling failure is ought to
happen, which causes the major disaster. The deepwater horizon also insists the fact that the
procession of the deepwater horizon will ensure the fact that the oil spills is explosive in nature
(Steele, G.A., 2016). This deepwater horizon, which is explosive in nature, acts as one of the
major system management fails that occur during the oil spill. It is impossible for the
government to stop the deep water horizon explosion, despite the fact that the deep water horizon
is the main reason of oil spill, it cannot be prevented but managerial steps can be taken for the
processing of the cure after the failure in oil spill.
Organizational Structure
Te organizational structure includes the problem that has the blowout prevention system.
Despite many disasters, the process of the deep water horizon is still used. The deep-water
horizon has been processed in many oil industries which acts risky and the processing of this
technology might fail leading to other fact that the data prosecution and the failure in oil spill van
revive any day. The process f drilling is still used which might lead to the oil spill any day.
Despite knowing the fact that it can be the major reason behind the oil spill, it is still used in the
industry (Fingas, and Brown, 2014). The offshore safety systems of the organizations are not
very well maintained. The oil spill management also9 ensures the fact that the data processing
will procure the deep water horizon, this helps in the fact to understand the entire operational
structure of the oil and gas industry.

3PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Engineering risk and risk management
The major engineering risk in the processing of the oil spills are sa follows: -
The risks regarding the deep water horizon is the major risk that the engineers
deal with
The offshore drilling also posses equal amount of risk for the engineers
The risk management steps taken by the engineers are as follows: -
The regulatory authorities must be approved
The location of the drilling must be considered and checked regarding the hazard
management.
Creation of data models fo the processing of the project.
The model testing in the offshore locations
The checking of the hazard prevention techniques in the offshore drilling
locations
Portfolio alignment
In case the oil rig requirement, the additional materials that are in charge of the
prosecution of the drilling of the process in the processing of the additional drills. The
management deals with the fact that the processing of the scope changes the fact that the
requirement changes. This fact ensures the fact that the invoking of the processing is performed.

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