Matching Asset Information for Technology Platform
Project Type
Project Length
Aug. 2021 - ongoing
Industry
IT Services
Tools
Throughout the project, Tinkogroup team exhibited responsiveness to evolving needs. As challenges or additional requirements emerged, they proactively addressed them, ensuring that the project stayed on course. This adaptability is crucial in dynamic environments where project scopes may evolve over time. Regular updates, progress reports, and transparent communication channels were established, fostering a collaborative environment.
Spokesperson, Technology Company
Key Results
24K+ risks processed
95% accuracy and efficiency rate achieved
Project Overview
The objective of this project was to accurately match oil and gas risks with corresponding assets within the client's extensive database. Achieving this goal required a comprehensive and systematic approach to ensure that all potential risks were thoroughly identified, analyzed, and appropriately linked to their relevant assets. This involved not only evaluating the various types of risks—such as operational, environmental, and regulatory risks—but also understanding the specific characteristics of each asset in the database. A detailed assessment process was implemented to gather pertinent information and contextual data, enabling a robust connection between identified risks and the assets they impact. By employing meticulous methodologies and leveraging advanced analytical techniques, the project aimed to create a reliable framework that would enhance the client’s risk management strategies and facilitate informed decision-making regarding asset protection and operational efficiency. Ultimately, this effort was designed to strengthen the client's overall risk mitigation capabilities in the complex oil and gas industry.
Business Problem
The client faced significant challenges in effectively managing and associating a large number of risks with their respective oil and gas assets. The existing database was inadequate in its ability to correlate risks with assets, resulting in inefficiencies and potential inaccuracies in the overall risk management process. This lack of effective linkage not only complicated the client’s decision-making but also heightened the potential for oversight in identifying critical vulnerabilities. Consequently, this gap in the system necessitated a robust solution that could systematically and accurately perform the matching process between identified risks and the corresponding assets. The project aimed to address these shortcomings by implementing a comprehensive approach that would enhance the client's ability to manage risks more effectively, ultimately leading to improved operational reliability and strategic decision-making within the complex oil and gas industry. By developing a streamlined methodology, the goal was to create a more integrated and user-friendly system that would facilitate accurate risk assessment and management.
Solutions Delivered to the Client
To address the client's needs, we implemented a comprehensive multi-faceted process that included several key steps designed to ensure thoroughness and accuracy. First, we systematically matched the identified risks with their corresponding assets in the client's extensive database, ensuring that each risk was appropriately linked. Following this initial matching, we created new assets where necessary to fill any gaps based on the detailed risk information gathered during the analysis. To ensure the integrity of the database and eliminate any redundancy, we conducted thorough searches for duplicates, meticulously reviewing entries to maintain a clean and efficient data structure. Additionally, we undertook the task of matching company names to further refine the asset-risk associations, ensuring that each linkage was not only accurate but also meaningful. This structured approach enabled us to provide a more robust framework for risk management, ultimately equipping the client with a reliable system to better understand and mitigate risks associated with their oil and gas assets. The result was a more organized and actionable dataset that significantly enhanced the client's operational capabilities.
People involved
Svitlana
Project Manager
Oksana
Internet Research Expert
Liubov
Internet Research Specialist
Mariia
Internet Research Specialist
Anastasia
Data Entry Expert
