Report on Program and Portfolio Management Information Systems

This report provides an overview of program and portfolio management information systems, focusing on organizational structure, engineering risk, and portfolio alignment. It delves into the Deepwater Horizon oil spill as a case study, examining risk management failures and the importance of organizational maturity in handling such crises. The report also covers the portfolio cycle, emphasizing the need for establishing, evaluating, prioritizing, selecting, and managing projects effectively. It highlights the business value associated with organizations dealing with natural resources and the distribution of income among stakeholders. The analysis underscores the critical role of information systems in mitigating risks and ensuring safer operations in industries prone to significant hazards.

Running head: PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Program and portfolio management information systems
Name of the Student:
Name of the University:
Author note:

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.

4PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
The invoking scope changes the management; it requires the processing of the data management
(Rice and Peterson, 2018). This factor effects t other project management technologies. The pre
planning of the project helps in deceiving the data management. The portfolio management
includes the processing of the scheduling and the risk managing of the organization leading to
the fact that the risk management of the project. the portfolio managers also takes into
consideration the process of maintaining the procedural project management of the materials that
must be used for safer progress of the organization (Levine, 2016).
The business value of these organizations are the highest as these business deals directly
with the natural resources. This processing ensures that the processing of the organizations as the
organization earns a huge amount and the same is distributed among the stakeholders of the
organization and the government of the local location. This fact ensures that the processing of the
income from the organization is distributed among the higher authorities of the country. This
business ensures that the country in which the business organization is located gets benefitted
and the economy of the entire country rises.
Portfolio cycle
The portfolio process cycle ensures the fact that the entire life cycle of the business
organization is se before the initiation of the project. the steps that are included in the processing
of the organizational life cycle are as follows: -
• Establish: establishing the business proposal acts to be the initial stage of the
project that is started by the portfolio manager
• Evaluate: the evaluation of the process model is performed

5PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
• Prioritize: prioritization of the project includes the fact that the initiation steps re
decided according to the evaluated resulted. More than one method are chosen according to the
priority
• Select: the method with highest priority is selected and the processing is rendered
in the processing f the data management of the process
• Manage: the project implementation starts and the processing of the project
begins (Fingas, 2016)
Organizational Maturity
The organization reaches to maturity level after staying in this field for decades in the
field of oil industries. After staying in the field of spill industry for more than 20 – 30 years one
gets accustomed with the risks that the organization might face. This fact leads to the better
structural and functional development of both the organization as well as the managing
committee of the organization.
BP secured only six centralizers for its creation bundling ahead of schedule, in spite of
the way that its plans had at first required a more imperative number. Immediately before
running the bundling, regardless, Halliburton's showing revealed that BP would require more
centralizers to hinder coordinating. Amid the long string basic leadership process, Halliburton
establishing engineer Jesse Gagliano had run a solidifying model that anticipated that the long
string could be solidified effectively. In spite of the fact that Gagliano was a Halliburton worker,
he worked at BP's Houston grounds, and his office was on an indistinguishable floor from those
of BP's Macondo team. Gagliano's April display expected legitimate centralization (by accepting
a 70% standoff proportion) rather than figuring standoff in light of centralizer situation designs.

6PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
It likewise accepted ideal wellbore size and geometry in light of the fact that BP did not yet have
caliper log information from the well. The April 14 demonstrate report did not foresee huge
directing. On April 15, BP gave extra information to Gagliano from the Schlumberger logs,
including caliper information, that could enhance the exactness of his establishing expectations.
In view of the new information, Gagliano displayed the solidifying procedure once more, this
time without accepting ideal centralization. His new model anticipated that utilizing just six
centralizers would bring about lower standoff proportions and this would be deficient to
guarantee great mud expulsion and maintain a strategic distance from mud diverting (Tabibzadeh
& Meshkati, 2015). It likewise anticipated that the mud diverting would build the stature of the
concrete segment in the annulus. That, thusly, would expand the viable weight that the concrete
section would apply on the well arrangement underneath (ECD). That evening, Gagliano
cautioned Walz and BP activities design Brett Cocales to his expectations. Despite the fact that
Guide was out of the workplace, BP's designing group followed up on the data.
The Creole stage featured the dangers and in addition rewards experienced seaward. A
storm thumped out a large number of the pilings amid development. The absence of group
quarters on the stage made hardship for laborers driving to and from shore on shrimp vessels.
Numerous more difficulties lay ahead as the marine condition forced exceptional risks on oil
organizations endeavoring to adjust arrive boring techniques seaward. They would need to press
complex penetrating and generation offices onto little standing or drifting stages in a district
presented to tropical storm compel winds and waves (Bennear, 2015). High costs escalated
weights to discover fast answers for issues and get the oil streaming. The remoteness of offices
and their space limitations increased the risks of working under antagonistic conditions with
risky hardware and ignitable materials. "No one truly realized what they were doing around then,

7PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
reviewed an individual from Kerr-McGee's soonest seaward penetrating group. It was passing up
blow. Furthermore, it was difficult living out there (Bradshaw, 2015). As geologists and drillers
influenced revelations in more profound to water, improvement would slow down at a restricting
profundity, now and again for quite a long while, until the point that advances were made
underway innovation to make up for lost time with investigation. Victories, penetrating vessel
debacles, and stage disappointments regularly constrained specialists back to the point where it
all began. Relentlessly, the seaward business spearheaded approaches to address financial and
natural difficulties seaward, first in the Gulf and after that around the globe. However, the
dangers never left.
Among exploratory boring capacities hustled in front of business delivering profundities
—a repeating subject in the historical backdrop of seaward oil the industry by the by made
awesome advances amid the 1960s in all periods of seaward investigation and creation. Among
different developments, computerized sound account and handling extraordinarily improved the
nature of seismic information and sustained geoscientists' capacity to decipher subsurface
geography (Kwok et al., 2017). Changes in soil-exhausting methods prompted. Higher-quality
steel yielded more grounded coat development and the utilization of bigger hardware to
introduce bigger apparatuses. Among exploratory penetrating capacities hustled in front of
business delivering profundities a repeating subject in the historical backdrop of seaward oil—
the industry in any case made incredible advances amid the 1960s in all periods of seaward
investigation and creation (Shukla & Karki, 2016).

8PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Conclusion
Among different advancements, computerized sound account and handling incredibly
upgraded the nature of seismic information and strengthened geoscientists' capacity to translate
subsurface topography. Enhancements in soil-exhausting methods prompted. Higher-quality steel
yielded more grounded coat development and the utilization of bigger gear to introduce bigger
apparatuses. Appropriately, BP picked at last to purchase 15 more centralizers and send them out
to the mechanical assembly. In any case, not under any condition like the six centralizer subs that
BP had gotten previously, these additional centralizers were slip-on centralizers with divided
stop collars. At the point when BP comprehended this, it pivoted itself and picked not to use
them, imagining that the risks of using them surpassed the threats of redirecting.

9PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
References
Bennear, L. S. (2015). Offshore oil and gas drilling: a review of regulatory regimes in the United
States, United Kingdom, and Norway. Review of Environmental Economics and
Policy, 9(1), 2-22.
Bradshaw, E. A. (2015). “Obviously, we’re all oil industry”: The criminogenic structure of the
offshore oil industry. Theoretical Criminology, 19(3), 376-395.
D’Andrea, M. A., & Reddy, G. K. (2018). The Development of long-Term adverse health effects
in Oil spill cleanup Workers of the Deepwater horizon Offshore Drilling rig
Disaster. Frontiers in public health, 6.
Hansel, T. C., Osofsky, H., Baumgartner, E., Bradberry, S., Brown, L., Kirkland, K., ... &
Goldstein, B. D. (2017). Social and Environmental Justice as a Lens to Approach the
Distribution of $105 Million of Directed Funding in Response to the Deepwater Horizon
Oil Disaster. Environmental Justice, 10(4), 119-127.
Jacobs, D., & Varella, M. (2017). Learning lessons from deepwater disasters: common ground in
oil exploration in Brazil and the United States. Forging a Socio-Legal Approach to
Environmental Harms: Global Perspectives, 132.
Khan, F., & Hashemi, S. J. (2017). Introduction. In Methods in Chemical Process Safety (Vol. 1,
pp. 1-36). Elsevier.

10PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Kwok, R. K., Engel, L. S., Miller, A. K., Blair, A., Curry, M. D., & Jackson, W. B. (2017). The
GuLF STUDY: a prospective study of persons involved in the Deepwater Horizon oil
spill response and clean-up. Environmental health perspectives, 125(4), 570.
Peres, L. C., Trapido, E., Rung, A. L., Harrington, D. J., Oral, E., Fang, Z., ... & Peters, E. S.
(2016). The deepwater horizon oil spill and physical health among adult women in
southern Louisiana: The Women and Their Children’s Health (WaTCH)
study. Environmental health perspectives, 124(8), 1208.
Pranesh, V., Palanichamy, K., Saidat, O., & Peter, N. (2017). Lack of dynamic leadership skills
and human failure contribution analysis to manage risk in deep water horizon oil
platform. Safety science, 92, 85-93.
Shukla, A., & Karki, H. (2016). Application of robotics in offshore oil and gas industry—A
review Part II. Robotics and Autonomous Systems, 75, 508-524.
Tabibzadeh, M., & Meshkati, N. (2015, April). Applying the AcciMap Methodology to
Investigate a Major Accident in Offshore Drilling: A Systematic Risk Management
Framework for Oil and Gas Industry. In SPE Western Regional Meeting. Society of
Petroleum Engineers.
Varella, M., & Jacobs, D. (2017). Learning lessons from deepwater disasters: common ground in
oil exploration in Brazil and the United States. In Forging a Socio-Legal Approach to
Environmental Harms (pp. 144-165). Routledge.
Weick, K. E. (2017). Earl Boebert and James M. Blossom: Deepwater Horizon: A Systems
Analysis of the Macondo Disaster.

11PROGRAM AND PORTFOLIO MANAGEMENT INFORMATION SYSTEMS
Fingas, M., 2016. Oil spill science & technology. Gulf professional publishing.
Fingas, M. & Brown, C., 2014. Review of oil spill remote sensing. Marine pollution
bulletin, 83(1), pp.9-23.
Rice, S. & Peterson, C., 2018. Foreword: The evolution from species-specific damage
assessment to ecosystem centric studies over the multi-decade period following the Exxon
Valdez oil spill.
Steele, G.A., 2016. Environmental Conflict & Media Coverage of an Oil Spill in
Trinidad. Negotiation & Conflict Management Research, 9(1), pp.60-80.
Levine, B.M., 2016. Implications of the Long-term Presence of Crude Oil from the
Deepwater Horizon Spill on Salt Marsh Biogeochemistry.