February 2020
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Project Management: How human intelligence and AI are driving project planning in the oil and gas industry
The science of project planning has something of a tenuous reputation. How often do large oil and gas capital expenditure (CAPEX) projects really come in according to plan? Almost never. Indeed, 30% of respondents to a 2018 PWC survey said they had experienced cost overruns of 10%–50% on their Middle East capital projects.
The Author
Patterson, D. - InEight, Austin, Texas
Dan Patterson founded BASIS, a company that developed an AI planning software tool that was acquired by InEight in 2018. Following the acquisition, Mr. Patterson became a member of InEight’s executive leadership team. He now focuses on expanding upon his vision of creating next-generation planning and scheduling software solutions for the construction industry.
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