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Project Management at Oil Spillage in British Petroleum Company

   

Added on  2022-08-16

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Running head: PROJECT MANAGEMENT AT OIL SPILL IN BP COMPANY
PROJECT MANAGEMENT AT OIL SPILL IN BP COMPANY
Name of the student:
Name of the university:
Author Note:
Project Management at Oil Spillage in British Petroleum Company_1
PROJECT MANAGEMENT AT OIL SPILL IN BP COMPANY1
Table of Contents
Chapter 1: Introduction..............................................................................................................2
1.1. Overview of Industry and Organization..........................................................................2
1.2. Region of Operation........................................................................................................3
1.3. Reason to Select the Sector.............................................................................................3
1.4. Project Management Methodology.................................................................................3
Chapter 2: Literature Review and Analysis...............................................................................4
2.1. Introduction.....................................................................................................................4
2.2. Creation of Project Management Methodology..............................................................5
2.3. Implementation of Project Management Methodology..................................................6
2.4. Benefits of Project Management Methodology..............................................................8
2.5. Limitation of Project Management Methodology...........................................................8
2.6. Project Manager Roles and Responsibilities...................................................................9
2.6.1. Role of Project Manager following Green Methodology........................................9
2.6.2. Role of Project Manager following Prince2 Methodology......................................9
Chapter 3: Conclusion and Recommendation..........................................................................10
Chapter 4: References..............................................................................................................12
Project Management at Oil Spillage in British Petroleum Company_2
PROJECT MANAGEMENT AT OIL SPILL IN BP COMPANY2
Chapter 1: Introduction
1.1. Overview of Industry and Organization
The industry of oil and natural gas is the chosen industry for this report. This industry
is responsible for conducting various modern day projects such as supplying energy to
different power energy and infrastructures, producing fuel for transport to displace goods
from one place to another and so on. The industry incorporates different companies all over
the world and British Petroleum Company is one of the well renowned organization that
accomplishes different oil and gas projects involving activities such as exploration and
marketing. The company after its collaboration with the Amoco Corporation established the
name to BP Plc. in the year 2000. It has established oil fields and has developed refineries in
various countries worldwide and has its headquarters located in London (Amernic and Craig
2017). Although there are several projects that are successful, the organization of BP
experienced a major failure in ‘Deep-water Horizon’ project that exploded and caused
spillage of several oil barrels in the Gulf of Mexico.
Figure 1: Organizational Chart of BP Company
(Source: Created by Author)
Bernard
Looney
CEO
Angela
Strank
Chief
Scientist
and Head
of
Technolog
y
Bob Fryar
Safety
and
Operatio
nal Risk
Brian
Gilvary
Chief
Finance
Officer
Helmut
Schuster
Human
Resource
Officer
Lamar
McKay
Chief
Transition
Officer
Project Management at Oil Spillage in British Petroleum Company_3
PROJECT MANAGEMENT AT OIL SPILL IN BP COMPANY3
1.2. Region of Operation
The oil spillage that happened on 20th of April 2010, in the ‘Deep-water Horizon’
project by the British Petroleum Company occurred in the Mexican Gulf at the Macondo
Prospect (Love 2016). This incident accounts to be the one of the disastrous spill of oil in the
history of operations of marine oil drilling that caused damage to the region of Macondo for
87 days.
1.3. Reason to Select the Sector
The petroleum industry incorporates different projects where the project management
methodology played a ubiquitous role in its either success or failure. The projects in oil and
gas industry possesses special characteristics that requires unique project management
procedures. Hence, this sector will help to gain an in-depth knowledge about the project
management methods in this sector.
1.4. Project Management Methodology
The project management methods that were used in the ‘Deep-water Horizon’ project
proved to be a sheer failure due to its inconsistency in the risk management plans. From the
chain of events, it is evident that the organization of British Petroleum was not prepared with
its mitigation strategies to deal with the possible accidents effectively (Patel et al. 2018).
Hence, the project management methodology that would have been apt for conducting this
project is the Green Management of Project Methodology.
The sole focus of the Green Project management is to determine whether the
environmental factors are considered in all the aspects of the project or not. It is not necessary
that every decision in this methodology has to be in favour of the environment, but the
methodology ensures that the factor of environment is included in the decision-taking
process. These project resources are conserved in this green management in order to
Project Management at Oil Spillage in British Petroleum Company_4

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