Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

Two other factors that should be considered when assessing the commercial risks to specific E&P projects are influenced by the project's maturity. These are: 1. The uncertainty associated with ...