In preparation for the launch of the innovative Opportunity and Project Management System (OPMS), Oman Oil Company (OOC) held a training workshop for the Executive Management Committee and senior project representatives from OOC group of companies. Complementing OOC’s existing project management system, the new platform will maximise value through a systematic and consistent approach to all OOC projects using a Stage-Gated Review (SGR) structure. The OPMS is expected to be rolled out in April 2014.
The main goal of the workshop was to consolidate input from all participants, representing a combined effort from all OOC Group of companies. The sessions included a detailed presentation on the new system, followed by three exercises entitled ‘Alignment, Awareness, Engagement and Ownership’.
“OPMS fits directly with our growth strategy to significantly increase OOC’s investment levels over the coming 10 years. Through implementation of the new system, we are committed to promoting cooperation and dissemination of best practices among all our companies, using the latest methods to manage investments and maximise value for the benefit of all stakeholders. We are launching this platform to provide our people with the tools they require to successfully track and progress projects, improve communication for a tangible competitive edge in the way we operate as one consolidated team,” said Mulham Al Jarf, Deputy CEO of OOC.
“The fit-for-purpose system will guarantee the decision-making process on all projects is optimised across the board, ultimately assuring effective project implementation. In addition, it will define the activities that must be completed at each stage of projects’ development, while enabling value based decisions on available development options,” said Dr. Salman Al Shidi, OOC Head of Value Assurance.