Integrated Project Management Tool for Risk and Expense Tracking

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Solution Overview

Problem

Conventional project planning and management techniques lack efficient integration of various components, leading to reduced efficiency and increased costs in managing projects with multiple functions and activities.

Innovation Solution

A comprehensive project planning and management tool that integrates modules for business development, project execution, human resources, and financial management, enabling efficient project planning and management by providing a unified platform for scope definition, scheduling, risk analysis, and resource allocation.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If conventional project planning and management techniques are used, then individual components can be managed separately, but integration of various project planning and management components is inefficient leading to reduced efficiency and increased costs

Engineering Contradiction:

Improveproject planning and management efficiencyVSAvoidintegration complexity of project components

Core Design Contradiction:

ProductivityVSDevice complexity

Solution Approach 1:

The patent combines multiple project planning and management components (scope definition, scheduling, risk analysis, human resources management, finance, and communications) into a single integrated system. This integration allows seamless interaction between components, eliminating the inefficiencies of separate management approaches while maintaining manageable complexity through unified architecture.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The project management system is designed as a universal platform that can handle diverse project types and functions simultaneously. The system provides multi-functional capabilities across different project domains (hydrocarbon-development, civil engineering, well drilling, etc.) through a common integrated framework, improving efficiency without requiring separate specialized systems for each function.

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Adaptability or versatility

If multiple diverse functions are included in a project, then project scope and capabilities are enhanced, but project planning and management complexity increases

Engineering Contradiction:

Improveproject functional diversityVSAvoidproject management complexity

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The system provides a universal management framework that can accommodate multiple diverse project functions including subterranean surveying, civil engineering, well drilling, well completion, and well production. This multi-functional platform manages complexity by providing consistent management capabilities across all project types rather than requiring separate systems for each function.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

The patent segments the project management system into distinct but integrated modules for different project functions. Each function (surveying, civil engineering, drilling, completion, production) can be managed independently within its own module while maintaining seamless integration with other modules through the unified system architecture, allowing versatility without overwhelming complexity.

Inventive Principle:

Principle #1Segmentation

Data Source

PatentUS8306842B2Project planning and management

Publication Date: 2012.11.06 SCHLUMBERGER TECH CORP

AI summary

A tool integrates various components of project planning and management. The tool enables the creation and tracking of authorization for expense (AFE) information for a project. Also, the tool allows risks to be assigned to corresponding activities of the project.