New Website - Resources Page

Our re-vamped website now has a resources page, check out the resources https://www.pppmanagement.co.uk/resources and make a diary note to check out Thursday Thoughts!

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Oil & Gas & Energy sectors in the news - Implications for the UK

The press is carrying a number of stories covering the oil and gas and energy sectors which makes for interesting reading. A positive article in Supply Management ( http://www.supplymanagement.com/news/2014/oil-and-gas-supply-chain-contributes-ps35-billion-to-uk-economy  ) covers an EY report detailing the benefit to the UK economy of North Sea oil and gas production.  A number of interesting points: 1) Peak production was 1999 for oil and 2000 for gas and by 2012 production was down by a third in both commodities; however, a contribution of £35Bn to the UK economy is not an insignificant amount. 2) This financial amount is clearly of great interest to both UK and Scottish governments with the Independence vote only a few months away, as the economic viability of an independent Scotland has the potential to be a deciding factor in the vote. 3) Only a short mention is given to shale gas.  The exploitation of shale gas, whilst contentious, has much le...
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Project Delivery Performance Problems

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We provided comment in March on measuring project delivery against three criteria: time, cost and performance (i.e. adherence to specification / user requirements ). The Guardian identifies the current problems that Network Rail are experiencing (link at the end) and classifies these performance issues in the time and cost category. It should be noted, in a positive way, that there is no mention of shortfalls in the performance of the delivered outputs of the projects. Furthermore, as safety is a fundamental element to performance the performance of Network Rail in providing the safest rail network in Europe should be recognised. Time - Milestones (30 missed out of a possible 84)   Cost - Increase debt of 16% in a single year (an increase of £5bn to £37.8bn) Perhaps most worryingly are the major projects, such as the electrification of the Great Western line, which are witnessing massive increases in costs. The Great Western has risen in cost by 50% and it ...
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