Page 384 - Hydrocarbon Exploration and Production Second Edition
P. 384

Risk Analysis                                                         371


                  Potential to                                          Potential to
                  create value                                         erode value
















                  Identify  Gate  Assess  Gate  Select  Gate  Define  Gate  Execute  Gate  Operate

                                                Shareholder  Shareholder
                                                  Approval    Approval
             Figure 15.5  A typical stage-gate process.








                                                     Structured convergent
                               Divergent thinking:   approaches to ensure
                               create alternatives
                                                     optimum concept selected






             Figure 15.6  Schematic view of the brainstorming technique.
             15.3.1. Brainstorming

             The objective of the Assess Stage is to ensure that all reasonable alternatives have
             been considered and screened in a consistent fashion before deciding upon a
             ‘solution’ too quickly. It is human nature to resort to the known and to exclude the
             unfamiliar, and this can lead to lost opportunity. A useful technique to use at this
             stage is that of brainstorming. No limits are placed on the team as this is done, and
             a multidisciplinary approach works best. Some of the most original ideas come
             from non-discipline team members who are unhindered in challenging what
             the discipline may consider as paradigms. This stage corresponds to the divergent
             thinking shown below. Nothing is impossible at this stage! The unfeasible options
             will be screened out later (Figure 15.6).
                Of course VoI techniques are applicable at this stage in determining if further
             information gathering is justifiable.
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