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EcoSys for the Oil & Gas Industry

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Solution Sheet For the oil & gas industry, the margin for error is shrinking. Development and maintenance capital investments are not expected to recover to pre-COVID levels, while small delays and overruns can significantly impact an organization's profitability. The stakes have been raised, and high project performance is a necessity. In order to thrive, you must be able to deliver all projects with efficiency, predictability, and control. What's the best way to execute with consistently high performance? Is it a tangled web of in-house developed tools, commercial software, and Excel spreadsheets? No. That approach has been used for decades and has resulted in poor productivity, recurring cost and schedule overruns, and low confidence. Industry leaders in the oil & gas industry have found that the right approach is a streamlined portfolio and project management ecosystem that gives you full visibility into project performance, the data to make better decisions, and the means to improve. Hexagon's PPM division has been a leading technology provider for the oil & gas industry for more than 50 years. For the past 15 years, EcoSys Enterprise Project Performance software from Hexagon has been trusted by the industry's top organizations to help them deliver consistently high performance across all projects. EcoSys provides a centralized, standardized approach to prioritizing, selecting, and executing every project. This single version of the truth improves visibility into performance and ensure all stakeholders collaborate effectively. Integrate Strategy and Project Delivery Portfolio Management Understanding how project will contribute to business strategy will be critical to the success of Oil & Gas companies going forward. Ensuring you are executing the right projects is just as important as executing projects right: • Align projects with business strategy through integrated project portfolio management • Standardize best practices, processes, and tools • More value-added activity and less time compiling and collating data • Increase efficiency by automating repeatable tasks and processes EcoSys for the Oil & Gas Industry

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