Successful EPC Challenge Management

The crucial element to productive Undertaking Administration is to possess the proper evaluation instruments which can tutorial the Project Manager in direction of taking the right choices through the job lifetime. It is the whole process of executing a task on time, on budget and with the specified high-quality by the conclude person. Can Project Management be studied in schools and Universities, can a person be experienced to become a Project Supervisor, or are there people today born with management characteristics?

All over my lengthy years of experience during the design enterprise, I came upon and labored with quite a few PMs, and in my own opinion, successful PMs are born with management characteristics, while using the right qualities to manage massive teams group collaboration tools of folks, the experience and vision of how items must be carried out and a good teaching in modern-day Challenge Management procedures.

Guiding the challenge through its different phases (Engineering Procurement Development Tests & Commissioning) is a very complex task. The main resources available to PMs are the undertaking schedule, cost report and progress reports. The venture schedule ought to be detailed enough to guide the Undertaking Supervisor along with the time and sequence of various activities. It really should also be stressed that the sequence of related activities plays a major factor inside the success or failure of projects.

On the other hand, the Task Planner must be an experienced engineer with proper know-how in all the challenge phases and need to always consult the details using the distinctive discipline managers (Engineering, Procurement and Development). The Challenge Planner is not just a scheduler entering data on Primavera (or any other planning software) but rather a important player within the Task Management team using the proper vision and analytical brain to assist the PM in analyzing the undertaking status in order to take the correct conclusions.

Regarding engineering activities, a separate list should be prepared with all deliverables that needs to be produced. Only major deliverables are to be reflected within the Challenge Schedule. This deliverable list need to contain the planned/actual dates and the weight of each deliverable. As for the procurement tracking report, it ought to provide the planned/actual dates of ERP, Bid Tabulation, PO, manufacturing, FAT, shipment, and inland transportation with the weight against each activity. The planned dates from the Procurement Tracking Report need to also be in line along with the Project schedule.

The second tool available to Venture Managers may be the monthly cost report which provides the current financial status of the project. Such report should include amongst the other data the expected "forecast cost at completion" figures for all items by having into account any expected additional cost or variation orders to suppliers. It really is to note that the cost report related to building activities is a very complicated approach and requires a separate article for elaboration.