As price volatility, budget and schedule overruns, skilled labor shortages and a rapidly changing regulatory landscape continue to challenge the industry – organizations can ill afford to invest in project portfolios with suboptimal returns.

UMT is focused on improving your bottom line. We build decision support platforms and processes to help you evaluate capital investments and optimize your project portfolio’s strategic value – throughout its entire lifecycle: from project selection and evaluation through construction, operations and maintenance and to post-project evaluation.

Read further to explore some key areas where we’ve helped Oil & Gas clients improve their bottom line.

Optimize Utilization of Assets & Resources

UMT works with organizations in the industry to improve schedule modeling and reporting. This has helped to uncover latent bandwidth in global, distributed workforces; limit inefficiencies and turnaways; enhance safety metrics; and reduce rig downtime and maintenance backlogs.

Schedule Management

Resource Utilization

  • E&P Activities
  • Rig Schedule Optimization
  • Well Scheduling
  • Pipeline and Facility Construction
  • Maintenance Scheduling
  • Leverage Resources Across Geographies
  • Track Performance and Utilization
  • Tie Resource Utilization to Financial Forecasts
Manage Operational Finances

The Program and Project Management Office (PMO) generates tangible value by providing an advisory role to the organization. Each program and project must be evaluated as a potential investment vehicle and the execution must be structured in a way that mitigates risk. This advisory role requires the PMO to deliver sophisticated financial portfolio analytics – and no tools capable of doing so surpass ours.

Capital Investment Controls & Allocation

Cost Management & Control

  • Program & Project Budget Planning
  • Portfolio Financials & Controls
  • Financial Breakdown by Detailed Cost Codes
  • Budget Variance Analysis
Inform Business Decisions

Informed decision making requires timely access to enterprise-wide data. We can help build comprehensive project management platforms to capture information throughout a project’s lifecycle – overcoming the challenge of unstructured, disconnected repositories.

Asset and Project Portfolio Analysis

Application Portfolio Management

  • Portfolio Prioritization
  • Portfolio Optimization
  • Efficient Frontier Modeling
  • Program Design
  • Tie IT Work to Business Initiatives
  • Map Applications to Business Services
  • Optimize the Application Portfolio
  • Develop Long Term Spend Roadmaps

Capital Project Planning & Execution

Performance Controls & Analytics

  • Support for Asset and Program Management
  • Create Project and Program Management Information Systems
  • Project Financial Management
  • Key Performance Indicators (KPIs)
  • Cost Management
  • Data Visualization
  • Predictive Performance Analytics

Risk Management

  • Change Management
  • Capital Project Risk Management
  • Rig Downtime Minimization
Manage Enterprise Information

UMT works with organizations to build collaborative enterprise information management systems – overcoming a typical organization’s outdated and decentralized information silos within departments and business units.

    Information and Document Management

    Knowledge Management

  • Data Structuring
  • Data Integration
  • Data Warehousing
  • Online Collaboration
  • Training
  • Best Practices
  • Lessons Learned
  • Company Standards and Procedures