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Project Management in Thermal Power Station

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Added on  2023/06/11

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This study material covers the itemization of learning outcomes related to project management in thermal power station. It includes topics like CSP, financing, project team, equipment purchase, risk management, client identification, and project financing. The discussion also covers feasibility study and control aspects of the project.

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Running head: PROJECT MANAGEMENT
PROJECT MANAGEMENT
Name of the Student
Name of the University
Author Note

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Table of Contents
Introduction................................................................................................................................3
Itemization of Learning Outcomes.............................................................................................3
Learning Outcome 1:..............................................................................................................3
Learning Outcome 2:..............................................................................................................4
Learning Outcome 3:..............................................................................................................4
Learning Outcome 4:..............................................................................................................5
Learning Outcome 5:..............................................................................................................5
Learning Outcome 6:..............................................................................................................6
Discussion and conclusion.........................................................................................................7
References..................................................................................................................................9
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3PROJECT MANAGEMENT
Introduction
The principal centre which is identified with the venture is in the segment of the
exceptional development which is centered on the part of the establishment of significant
hardware in the thermal power station which would incorporate the turbines, boilers and
generators fundamentally.
This significantly guarantees the quality and the wellbeing and straightforwardly
enhances the proficiency. The association has likewise built up the gear which is identified
with the transportation modules and other immense parts to the area of the establishment. In
the site of the power station, tremendous speeds are intermittently supplanted after task. This
is for the most part done to guarantee the wellbeing and the quality and the execution support
segment. For this situation, it can be expressed that extraordinary innovation is mainly
required because of the factor that gear which is to be supplanted are particularly substantial
in the measure.
Itemization of Learning Outcomes
Learning Outcome 1:
Summary: It can be expressed that in current time the idea of the warm power utilising
the concept if the concentrated sun-powered radiation which is known as CSP is advancing
towards the part of the lower power cost. This is finished by methods for compelling
transformation framework and less expensive segments with longer life. It can be expressed
here that more than 90% of the introduced CSP plants can be considered as extensive scale
(multi-megawatt) framework which utilises the idea of the steam turbines vitality convertor
idea. There is a substantial potential which is connected power age from the part of the
sterling motor based CSP plant where the authority which is identified with the sunlight
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4PROJECT MANAGEMENT
found specifically comprise of explanatory dish units with the mix of the high-temperature
beneficiary of sun oriented.
The primary viewpoint which is identified with the working of warm sunlight based power
station is the competent and robust sun oriented authority. The gatherer framework
straightforwardly comprises of round illustrative mirror that specifically thinks the Sun's
beam to the beneficiary which is put at the point of convergence; this collector
straightforwardly changes over the vitality of the sunlight based into warm at high
temperature.
Evidence: This is evident form the case study of the new villa bridge project which is
attached to the document.
Learning Outcome 2:
Summary: A power plant is straightforwardly financed using the venture back course.
The financing of the task is typically opposed as a constrained or non-asset financing of the
new undertaking through the foundation of a different fused vehicle. The segment of the
dependence is on the non-assets dept (Bastos, 2018). Which speaks to one of the diverse
which is considered as a key between the conventional corporate back and venture fund.
Mulling over a corporate fund the essential part of the reimbursement for the loan bosses and
the financial specialists is in the supporting organisation which is moved down by its whole
monetary record, not just the undertaking. It can be expressed that if the general project falls
flat, the lenders would be still in a level of solace because of the factor that they would get
reimbursed which relies explicitly upon the part of the general quality of the support's
monetary record.
Evidence: This is evident from the case study of the Dugsbaag project which is
attached to the document.

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Learning Outcome 3:
Summary: The venture group can be viewed as one of the fundamental elements
which straightforwardly include the individual who might be action including themselves into
the pivotal movement of the warm power plant. The undertaking colleague in mostly
consolidate the partners, loan boss, the venture individuals and the task administrator. The
venture chief can be considered as a standout amongst the most fundamental players in the
situation because of the factor that they control the general working of the association. The
task individuals work as per the warning of the venture director, and they effectively
contribute towards the distinctive objective of the undertaking which is set by the
administration of the task (Kerzner and Kerzner, 2017). The venture group ought to have a
shared objective set up which they need to flourish to accomplish keeping in mind the end
goal to at last pick up achievement in the general working of the undertaking.
Evidence: This is evident form the case study of the new villa bridge project which is
attached to the document.
Learning Outcome 4:
Summary: The estimation of the delicate of the task work straightforwardly include
individuals who might consist of the diverse divisions of the working. It can be expressed that
the general population who might be covered ought to be exceedingly proficient who can
specifically incorporate themselves into the ordinary functioning of the diverse segments.
Plant
The plant would consolidate the territory of the area of the undertaking. The plant can
be straightforwardly identified with the part of the situation of the usage. There are distinctive
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6PROJECT MANAGEMENT
elements which assume a crucial role in this perspective are the prerequisite of the crude
material and the cost which is identified with the part of the transportation (Bastos, 2018).
Description Weight value (100%)
Excavation of power block 1.6
Discharge of circulating water system 3.0
Structure of circulating water system 2.6
System intake canal of circulating water
system
2.1
Landscape 0.8
Sanitary and wastewater treatment system 1.5
Crushers plant and more batch 0.6
Yard firefighting and underground utility 2.8
Evidence: This is evident form the case study of the Dugsbaag project which is
attached to the document.
Learning Outcome 5:
Summary: The equipment purchase can directly account for 30% of the total power
plant cost of construction. According to the financial sources it can be stated here that the
procurement of the equipment can be directly be classified as “foreign” and “domestic”
(Kerzner & Kerzner, 2017). The GENCO’s head office which is located in the Seoul is in
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charge of the handling aspect which is related to the procurement from foreign countries as
this equipment are imported from outside which is more economical in the aspect of the
effectiveness and efficiency. By the site arrangement and the criteria of the design, the
technical specifications are taken into consideration. The main functionality which is related
to the aspect of the sub-contactor is mainly in the field of general description, site condition,
power plant outline, environment limits of design, quality of industrial water and seawater.
The technical side of the specification may include operating condition, a division of
responsibility for the equipment for responsibility supply. The equipment purchase can
directly account for 30% of the total power plant cost of construction. Evidence: This is
evident from the case study of the Dugsbaag project which is attached to the document.
Learning Outcome 6:
Summary: Now and again it can be seen that progressions into the inward and also
outside can be joined which would be specifically concentrating on the part of a hazard
occasion which has happened. The principal point of the venture change is to relieve the
factor of the hazard which is joined into the working of the undertaking. The principal centre
point diminishes the consideration of the risk with the goal that it doesn't affect the general
operation of the venture and does not hamper the general usefulness of the association. The
undertaking changes are significantly consolidated by the venture supervisor and should
centre around the recapturing of the ordinary use of the association (Kerzner and Kerzner,
2017). Archive administration: It can be expressed that the viewpoint which is identified with
the record administration can be particularly essential contemplating the inner working of the
association. There are distinctive kinds of programming which can be utilised as a part of this
perspective which can be used as a part of the segment of the report administration. Venture
administration instruments can be used in this perspective which improves explicitly the
division of the administration of the distinctive movement of the association.

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Revealing: Reporting ought to be occasionally done to think about that the distinctive
parts of the venture are working as indicated by the necessity of the undertaking. The
announcing is mainly done by the manager of the task who has the general information of the
projects inward and also outside working (Laudon and Laudon, 2016).
Administration: The part of the administration is straightforwardly in the hand of the
undertaking administrator or the task director. The undertaking director has the specifical
control over the working of the task and the administration of the venture. It can be expressed
that in this setting the venture supervisor ought to be a man who is exceptionally instructed
and ought to be massive information in the diverse fields of the undertaking, the
administration factors impact the general working of the task on the long run.
Evidence: This is evident from the case study of the new villa bridge project which is
attached to the document.
Learning Outcome 7:
Summary: According to the financial sources it can be stated here that the
procurement of the equipment can be directly be classified as “foreign” and “domestic”
(Kerzner & Kerzner, 2017). The GENCO’s head office which is located in the Seoul is in
charge of the handling aspect which is related to the procurement from foreign countries as
this equipment are imported from outside which is more economical in the element of the
effectiveness and efficiency. By the site arrangement and the criteria of the design, the
technical specifications are taken into consideration. The main functionality which is related
to the aspect of the sub-contractor is mainly in the field of general description, site condition,
power plant outline, environment limits of design, quality of industrial water and seawater.
The technical side of the specification may include operating state, a division of
responsibility for the equipment for responsibility supply.
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9PROJECT MANAGEMENT
Evidence: This is evident from the case study of the new villa bridge project which is
attached to the document.
Learning Outcome 8:
Summary: By the site arrangement and the criteria of the design, the technical
specifications are taken into consideration. The main functionality which is related to the
aspect of the sub-contactor is mainly in the field of general description, site condition, power
plant outline, environment limits of design, quality of industrial water and seawater. The
technical side of the specification may include operating condition, a division of
responsibility for the equipment for responsibility supply. The equipment purchase can
directly account for 30% of the total power plant cost of construction. Evidence: This is
evident from the case study of the Dugsbaag project which is attached to the document.
Evidence: This is evident from the case study of the new villa bridge project which is
attached to the document.
Learning Outcome 9:
Summary: The fundamental client identifying with the task is the electrical power
organisations which are principally the business warm power station, autonomous power
makers (IPPs), discount control makers and other warm electrical plant, government offices
and so on. The conveyance record identifying with the warm power station are expressed
beneath:
Diesel station of power plant
Gas turbine generator power station
The combined cycle of a thermal power station
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The activities principle thought which is mulled over is that the association modularise the
diverse parts which are to be introduced with the goal of shortening the development time
frame.
Evidence: This is evident from the case study of the new villa bridge project which is
attached to the document.
Learning Outcome 10:
Summary: Venture financing can be mainly be utilised as a part of the division of enormous
scale capital dangerous undertakings age hard money stream of money for instance from
globally exchanged wares. Specifically, it can be expressed that organising of the expansive
task rather than a few little arrangements, decrease the general lawful and cost of exchange
because of the size of financial aspects. Then again it can be expressed that financing of
substantial scale hard money can leave the merchant to the part of the uncovering of the
factor of the hazard. The host government may have a distinct fascination in the division of
the prominent task which being supported may specifically neglect to restore the assertion of
the concession, change the control or even dispossess the advantages of the undertaking and
the income to pick up the political rants and the entrance to the hard cash amid the financial
downturn (Bastos, 2018).
Evidence: This is evident from the case study of the new villa bridge project which is
attached to the document.

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Discussion and conclusion
The viewpoint which is identified with the task confirmation can be specifically
defined with the demonstration of giving a venture affirmation that the undertaking would be
a win. It can be expressed here that the warm power venture has diverse sorts of attainability
viewpoints which are identified with the idea which must be thought about when the primary
usage of the undertaking would be finished. In the vast majority of the cases it ought to be
contemplated that an achievability study ought to be thought about which would be
straightforwardly influencing the general procedure. On the off chance that it is thought about
that after the usage if the task is discovered not to be doable it would be an extraordinary
misfortune for the association who might be responsible for the undertaking (Kerzner &
Kerzner, 2017).
The control part of the task which can be contemplated is identified with the diverse
usefulness of the venture. It can be expressed here that the ordinary working of the task
would be straightforwardly reliant on the distinctive useful piece of the venture. Every one of
the parts of the undertaking ought to be useful capable as indicated by the necessity so it
would not affect the other practical region of the venture. In a portion of the cases it can be
seen that it is part of the task director to take into centralization of the general quality control
of the undertaking. There can be distinctive apparatuses which can be identified with the part
of the quality control of the venture. It ought to be mulled over that check of the quality ought
to be done intermittently with the goal that the typical usefulness and the best possible
usefulness of the diverse parts can be thought about. Now and again if there are issue
emerges in any segment of the working it can be noticed that the relief methodology ought to
be fused so the framework would be not be included into the issue and the typical usefulness
of the framework can be picked up.
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12PROJECT MANAGEMENT
Record administration: It can be expressed that the angle which is identified with the
report administration can be especially urgent thinking about the inside working of the
association (Kerzner & Kerzner, 2017). There are diverse kinds of programming which can
be utilized as a part of these perspective which can be utilized as a part of the division of the
archive administration. Venture administration instruments can be used in this perspective
which straightforwardly upgrades the segment of the administration of the distinctive
movement of the association.
Detailing: Reporting ought to be done occasionally to mull over that the diverse parts
of the task are working as indicated by the necessity of the venture. The detailing is
fundamentally done by the director of the venture who has the general information of the
undertakings inner and in addition outside working (Laudon and Laudon, 2016).
Administration: The part of administration is specifically in the hand of the task
administrator or the venture manager. The undertaking administrator has the specifically
control over the working of the venture and the administration of the task. It can be expressed
that in this setting the venture director ought to be a man who is exceedingly instructed and
ought to be tremendous information in the distinctive fields of the undertaking, the
administration factors impacts the general working of the task on the long run (Serra & Kunc,
2015).
Prerequisite for debate, attribution and intervention
Question: The factor of debate can be considered as a standout amongst the most vital
factor which can modify the ordinary working of the distinctive elements of the undertaking.
The question can occur in various structures and it is the part of the task supervisor to manage
all the issue and resolve the cases with the goal that it would not hamper the general working
of the venture.
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Attribution: It can be expressed that in the typical working of the venture there are
diverse credits which must be mulled over. There can be diverse sorts of qualities which can
be little yet they must be dealt with as it could straightforwardly affect the general working of
the undertaking.
Intervention: the factor of intercession is dealt with by the partners or the loan bosses
of the venture. It ought to be thought about that the intercession division can be helping when
the judgment of alternate components which are identified with the inside working of the
undertaking. The intervention factor assume a crucial part in the area of the partners and how
they straightforwardly work the typical functioning of the task (Kerzner & Kerzner, 2017).
The wellbeing angle in the working of the undertaking which is identified with warm
power plant can be viewed as particularly essential. This is because of the factor that since
the division significantly manage concoction substances the wellbeing of the laborers ought
to be given best generally appropriateness. In a large portion of the cases it can be seen that
the laborers ought to be given appropriate preparing so they could without much of a stretch
enjoy into the diverse movement of the undertaking. Preparing in these kind of circumstance
can be viewed as especially imperative factor which specifically include the typical
usefulness of the diverse part of the association.

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References
Binder, J. (2016). Global project management: communication, collaboration and
management across borders. Routledge.
Boud, D., Cohen, R., & Sampson, J. (Eds.). (2014). Peer learning in higher education:
Learning from and with each other. Routledge.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management.
Project Management Institute.
Heagney, J. (2016). Fundamentals of project management. AMACOM Div American Mgmt
Assn.
Heldman, K. (2018). PMP: project management professional exam study guide. John Wiley
& Sons.
Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
291-298.
Svejvig, P., & Andersen, P. (2015). Rethinking project management: A structured
literature review with a critical look at the brave new world. International Journal of
Project Management, 33(2), 278-290.
JOSEPH. PHILLIPS, P. M. P., CBAP, I., & PMP, C. (2018). PMP PROJECT
MANAGEMENT PROFESSIONAL STUDY GUIDE. McGraw-Hill Education.
Kerzner, H. (2017). Project management metrics, KPIs, and dashboards: a guide to measuring
and monitoring project performance. John Wiley & Sons.
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Kerzner, H. (2018). Project management best practices: Achieving global excellence. John
Wiley & Sons.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Martinelli, R. J., & Milosevic, D. Z. (2016). Project management toolbox: tools and
techniques for the practicing project manager. John Wiley & Sons.
Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of project management: linking
project management performance and project success. International journal of project
management, 32(2), 202-217.
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
Serra, C. E. M., & Kunc, M. (2015). Benefits realisation management and its influence on
project success and on the execution of business strategies. International Journal of
Project Management, 33(1), 53-66.
Turner, R. (2016). Gower handbook of project management. Routledge.
Walker, A. (2015). Project management in construction. John Wiley & Sons.
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