Exploration Project Management System (EPMS)

Abstract

Project management has become one of the most challenging and demanding aspect of managerial sciences all around the world. Success and failure of any underlying project mainly depends upon the maximum resource utilization, management of its different phases and finally their integration into the final product. EPMS is one such project that focuses on different tasks and phases involved in projects that exploration department of Oil and Gas Development Corporation Limited (OGDCL) undertakes for exploring the natural resources i-e gas and oil reserves in Pakistan. So far all the work and management of tasks is dealt manually and is paper based which makes every procedure redundant and cumbersome and it overstretches the budgets off the limits and it is hard to keep track of whether the tasks assigned are accomplished on time or not. For this project we shall have to understand the project management and related procedures adopted by OGDC Company in detail. The core objective is to optimize resource utilization and reduce communication time and costs which in turn will increase the synergy between the undertaken project and its progress. The major areas of work include Project estimation, Project Management, Human Resource Management, Resource Scheduling, Quality assurance, Communication and data acquisition.