logo

Project Management on Large Assets

   

Added on  2020-03-23

9 Pages1719 Words64 Views
 | 
 | 
 | 
Running head: PROJECT MANAGEMENT OF OPERATORS FOR LARGE ASSETSProject Management of Operators For Large AssetsName of the StudentName of the UniversityAuthor Note
Project Management on Large Assets_1

1PROJECT MANAGEMENT OF OPERATORS FOR LARGE ASSETSTable of Contents1. Project definition in context of large assets.....................................................................22. Project Justification and Contract process.......................................................................23. Project Financing.............................................................................................................24. Project Condition, Project Team and Project processes.................................................35. Expected estimate............................................................................................................46. Requirements of project changes.....................................................................................57. Requirements for Quality Assurance and Quality control...............................................58. Requirements for document management, reporting and governance............................69. Requirements for disputes, Arbitration and mediation....................................................710. Requirements for Safety................................................................................................7References............................................................................................................................8
Project Management on Large Assets_2

2PROJECT MANAGEMENT OF OPERATORS FOR LARGE ASSETS1. Project definition in context of large assetsThe project management of large assets should include employment of a team ofspecialist who would be responsible for the fully integrated feasibility study with diligencestudies in relation to the economic evaluations and risk assessments. A project leader is anintegral part of this project as well who is responsible for specializing in coordination andintegration of the inputs from discipline specialists to validate that the project has a proper andthorough appreciation of the technical issues that are within an appropriate business context. Themining consultant of the project is responsible for assisting the project team with mergers andacquisitions along with the project financing (Finnerty 2013). The tender for the projectfinancing should be properly laid in order to implement the project successfully. 2. Project Justification and Contract processThe project is justified, as it will help in maintaining and managing larger assets.Different sites are considered for this project and the implementation of the project workaccording to the project plan will help in proper extraction of natural resources through a processof mining and their maintenance. The contract type decided for this project is a cost plus contract. This contract is chosenas it involves the payment of the actual costs of the project, purchases and other expensesobtained directly from the different construction activity. This contract will involve specific andclear information about the pre-negotiated amount of the project costs which will cover thecontractor’s overhead and profit. The detailing of the cost in accordance to direct and indirectcosts is necessary in this type of contract (Brandes et al. 2012).3. Project Financing
Project Management on Large Assets_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Project Management of Operators For Large Assets
|12
|2489
|134

Tender Request for Large Assets Project
|13
|2971
|174

Tender Request for Large Assets - Desklib
|17
|4288
|100

Project Management for Operators of Large Assets
|14
|3965
|293

Tender Request for Large Asset Project: Definition, Justification, Financing, Requirements, Safety
|9
|1578
|126

Identifying and Managing Project Risk - PDF
|4
|1016
|117