1 AIT Asian Institute of Technology

Client's project management strategy for fast track EPC Oil & Gas Project

AuthorNguyen Quoc Hanh
Call NumberAIT Proj. no.CM-08-10
Subject(s)Oil industries--Management
Gas industry--Management
Project management

NoteA Thesis submitted in partial fulfillment of the requirements for the degree of Professional Master of Project Management in Construction Projects
PublisherAsian Institute of Technology
Series StatementProject ; no. CM-08-10
AbstractCompleting and delivery a project faster than normal required duration is always a big challenge to any Project Management Team and often demands dynamic approach and paradigm shifts. Many projects are required to be completed in faster duration compared to normal schedules to remain economic vital, to get faster return on investment, and to give longer project life. The conventional techniques of project management are impossible to handle the problem of reducing the project duration drasically. This project report provides an introduction to, and a practical exploration and evaluation of Client's fastracking approach to manage an Oil and Gas Project. This final project report presents and explores the Client's dynamic approaches from the conceptual planning, managing contractors via contractual arrangements and strategic Alliance spirit, managing the Government's approval process and the use of concurrent engineering concept for redically reducing project duration. The phases of the project are accomplished simultaneously instead of in a series across various areas. Along with its benefits, fast-tracking project delivery also has greater potential to impact the project development process than the traditional method. This final project report also presents the key enablers as well as required preparation and obstacles have been incourntered during the actual execution of the project. These approaches if susscessfully implemented would not only ensure the completion of projects by the required completion date, but also improve project effectiveness in terms cost effectiveness and in turn overall productivity of the project organization would Improve
Year2008
Corresponding Series Added EntryAsian Institute of Technology. Project ; no. CM-08-10
TypeProject
SchoolSchool of Engineering and Technology (SET)
DepartmentDepartment of Civil and Infrastucture Engineering (DCIE)
Academic Program/FoSConstruction Engineering and Infrastructure Management (CM)
Examination Committee(s)Hadikusumo, B.H.W. ;Chotchai Charoenngam
DegreeProject (M. Eng.) - Asian Institute of Technology, 2008


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