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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM28855
Volume:
8 |
2 |
Feb 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
In the dynamic and multifaceted landscape of oil and gas projects, integrating technical and non-technical risks is imperative for effective project management. This abstract delves into the significance of harmonizing technical challenges, such as reservoir complexities and drilling uncertainties, with non-technical factors like regulatory changes, geopolitical instability, and environmental concerns. By adopting a holistic approach, this research explores how the synergistic understanding and management of these intertwined risks can enhance decision-making processes, mitigate project uncertainties, and improve overall project outcomes. Through comprehensive risk identification, assessment, and prioritization, stakeholders can navigate the complexities of oil and gas projects more adeptly, ensuring resilience and sustainability in an ever-evolving industry landscape. This abstract sets the stage for further exploration into the methodologies, frameworks, and strategies required to effectively harmonize technical and non-technical risks in oil and gas project management.
KEYWORDS
Publication Date
12/31/45348
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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