Project Management

  The feasibility team has proposed that a dedicated project management team should be established within the CCC. The team would have total control over budgets and schedules and would report directly to the EPC Project Development Committee. The control, planning, and management of the project present complex logistical issues. The scheme may entail numerous individual contract packages, which will require coordination. At a very early stage, the feasibility team settled the key project management objectives as • effective and efficient communication of information • utilization of thorough project control techniques • efficient and widely understood procurement and contractor processes This standardisation is necessary to ensure that all project teams are working in unison. To furnish timely and accurate cost reports, the project control team needs a comprehensive system that integrates cost and schedule, provides reporting capabilities consistent with the project requirements, and improves operating efficiency. The system has to be capable of processing and analysing a vast amount of incoming monthly cost data quickly and accurately. In addition, the team could use integrated systems to perform risk and schedule simulation analysis where the relationship between the schedule and cost is not always clear. Although technology has simplified data collection and scheduling, the feasibility team has identified that professionals must carefully study and analyse the system output to provide a logical, meaningful explanation of the causes of any cost and schedule variances. In this way,