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Positioning Master Data Management for Success

Positioning Master Data Management for Success

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Positioning Master Data Management for Success

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  1. PositioningMaster Data Managementfor Success PPDM Association October 2010

  2. Yogi SchulzBiography • Partner in Corvelle Consulting • Information technology related management consulting • Microsoft Canada columnist & CBC Radio host • PPDM Association board member • Industry presenter: • Project World - 4 years • CIPS Informatics - 7 years • PMI - Information Systems SIG - 2 years • Convergence - 4 years • PPDM Association - several years

  3. PresentationOutline Objectives Release Strategy MDM Scoping Themes Conclusions Recommendations

  4. PresentationObjectives Understand key considerations in scoping an MDM program for success Illustrate how to build an effective MDM release strategy

  5. Global Vision - Local Focus

  6. Benefits ofFrequent Release Strategy Earlier delivery of benefits Maintain organization commitment to the MDM program Adapt MDM program more quickly when business priorities change Smaller, more manageable number of components per release Impact of an unsuccessful release smaller

  7. Release Strategy Comparison Start Year 1 Year 2 1 More, shorter releases 2 3 4 5 6 Fewer, longer releases 1 2 Elapsed time to first function: 91 days vs. 365 days Cost of an unsuccessful release: x vs. 2x Number of plan adjustment opportunities: 6 vs. 2

  8. MDM Scoping • Themes • Geographic Area Coverage • Reservoir Type Coverage • Functionality Features • Asset Life Cycle Coverage • Criteria • Business benefit • Complexity

  9. Geographic Coverageof MDM High High High Low Low High Low Low

  10. Reservoir Type Coverageof MDM Low High High Low Low Low High High

  11. Functionality Featuresof MDM High Low High High High Low Low High Low Low

  12. Asset Life Cycle Coverageof MDM High High High Low Low High Low Low

  13. PrioritizingMDM Releases I n c r e a s i n g 1 2 B e n e f i t High Low High High 3 4 Low Low Low High Increasing Complexity

  14. Invisible vs. Valuable Releases Application Application Application Application ETL Layer Master Datastore ETL Layer SourceDatastore SourceDatastore SourceDatastore SourceDatastore

  15. Conclusions • Potentially huge MDM programs require: • Local focus • Frequent release strategy • Focus on high benefit, low complexity MDM releases first to: • Deliver earlier benefits • Maintain organization commitment

  16. Recommendations Deliver a sliver in each release Plan MDM programs using this approach

  17. Questions &Discussion Can you help usposition MDMfor success? Please fill out evaluation form

  18. Positioning Master Data Management for Success Corvelle Consulting 300, 400 - 5 Ave. S. W. Calgary, Alberta T2P 0L6 Phone: (403) 249-5255 E-mail: YogiSchulz@corvelle.com Web: www.corvelle.com Yogi Schulz Partner of Corvelle Consulting Information technology related management consulting Microsoft Canada columnist & CBC Radio host Industry presenter PPDM Association board member

  19. Business Department Maturity High High High Low Low Low Low High

  20. Bibliography • E&P Prospect to Spud Life Cycle Solution • ESRI Petroleum User Group – 2010 • http://proceedings.esri.com/library/userconf/pug10/papers/samsons_integrated_prospect_to_spud_well_lifecycle_managment_system.pdf • The International Conference on Information Quality (ICIQ) • http://www.iciq2010.org/ • MIT IQ Industry Symposium (IQIS) • http://www.eriqlab.org/mit/index.html • Monetizing Data Management • http://erwin.com/uploads/erworld/Monetizing%20Data%20Management_09162010.pdf

  21. Bibliography • P2 Energy Solutions - integrated well lifecycle management tools • http://www.p2energysolutions.com/well-lifecycle • PPDM master data at heart of Oracle’s Digital Oilfield - February 2008 • http://www.ppdm.org/community/PPDM_data_at_heart.html • Staying Relevant in Today’s Changing Data Management Environment • http://erwin.com/events/detail/staying_relevant_in_todays_changing_data_management_environment/

  22. Corvelle Drives Concepts to Completion