Oil Tank Renovation Project: A Comprehensive Management Approach

This report provides a comprehensive overview of an oil tank renovation project for a large multinational oil company in Australia. The project aims to address the aging infrastructure of a 50-year-old tank, which is currently operating at only 30% of its unleaded petroleum capacity. The report details the implementation plan, focusing on improving storage capacity, supply chain activities, logistical issues, and tank fulfillment. It also includes a management plan that covers budget analysis, resource utilization, and project scheduling using Gantt charts. Furthermore, the report outlines a project evaluation plan, including checklist planning and feasibility analysis, and concludes with a discussion of the project closure phase. This project seeks to reduce environmental fines and optimize the availability of the tank, thereby improving the company's operational efficiency and meeting growing consumer demand.

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

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Table of Contents
Introduction..........................................................................................................................2
Implementation plan............................................................................................................2
Management plan.................................................................................................................5
Project Evaluation plan........................................................................................................7
Project Closure.....................................................................................................................8
Conclusion...........................................................................................................................9
References............................................................................................................................9

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Introduction
The following report reflects on a large multinational oil company which comes up with
various kind of storage facilities (Badewi 2016). This particular tank is located in Australia. The
organization is involved in ownership and operating the tank in each of firm so that they can
easily supply the domestic market with required automotive fuels. PMO (Project management
office) is based in Melbourne which helps in analyzing the priority of project. It is all about
understanding scope and goal for the given project. Various condition which is needed for
engaging contracts is totally involved in the completing the given work (Conforto et al., 2014).
The revenue division of the organization comes up with a proper business case which is required
for carrying substantial repair works. The whole thing should be carried so that environmental
fines can be reduced and optimizing availability by understanding the location. At present 30%
of the organization unleaded petroleum capacity in Western Australia is on the verge of collapse
(Binder 2016). This particular situation has come in action due to aging condition of the tank and
related infrastructure to it. The situation of largest tank in Western Australia has taken place as
tank is 50 years old and the design is complex and outdated in nature.
In the coming pages of the report, an idea has been provided regarding oil tank
renovation project. After that implementation plan for the given project has been provided in
details. The management plan for this particular project has been provided. A brief idea has been
provided regarding the evaluation plan of the project. The last section of the report mainly deals
with closure phase of the project.

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Implementation plan
The activities of project are totally based on construction work for the various activities
and repair work. The whole scenario can be understanding by the help of some proper and
achievable goals (Fleming and Koppelman 2016). The project of tank is mainly responsible for
understanding the planning, organizing and execution of various activities. It is mainly done so
that the given project can easily achieve some quality standard in the given project. The situation
needs to be analyzed for checking the proper standard which needs to be met. Implementation
plan for the given project needs to be met for understanding various repairs in oil tanks. It is
inclusive of certain number of activities like storage capacity, supply improvement, dealing with
activities, fulfillment of tanks and report on competing the given activities.
A table has been provided regarding the implementation plan regarding the various
activities of Oil tank renovation:
Storage capacity of tank: In the beginning phase of the project the renovation process is
inclusive of improving the storage capacity of various activities. It aims in defining the
successful completion of the plan of this tank project (Heagney 2016). Storage capacity is
considered to be as one of the important factors for ensuring the successful competition of the
project according the requirement of the client. The current capabilities of the given storage tank
are not enough for the execution for carrying out the various activities of the given project that is
an oil company. Tank storage can be implied by the help of increasing the overall volume of the
tank. The overall management of the project can be achieved with the help of increasing the
storage quantity. Various tankers can be benefitted for holding oils in all of their centers. It will
be much helpful for providing various large number of benefits and forming proper management
which is needed for carrying out various operation.

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Growth of activities related to supply: In the stage of operation which is all about
alignment with supply-related issues. The management related given activities can be easily
achieved by increasing the amount or quantity of storage capacity of oil (Heldman 2018).
Tankers can easily get benefitted as they can easily hold oil for more number of given centers. It
can be very much helpful for providing large number of benefits and creating proper
management for the given operation. The growth in demand for oil supply can be easily satisfied
and the oil company can easily get much better number of opportunities. It can easily result in
much better decision and operation which is needed for development. With the increase in the
number of consumer the demand for oil will increase (Hornstein 2015). The organization has
failed to meet the growing demand for oil among various customers. The renovation aims in
increasing the storage capacity which is done as per the need of client. The current capability of
the given storage tank is not considered to be enough for execution of various activities for the
given oil firm.
Tackling the issues with logistic: The oil organization has been tackling with various
kind of problem like shortage capacities, increase in demand for oil, reducing the oil supply. The
organization is unable to hold oil leakage which is due to oil tankers (Joslin and Müller 2015).
Renovation the oil tankers can increase the development of storage area, supply of oil and lastly
oil storage in proper way. Renovation of oil tank will increase the operation and define the
proper alignment of the given project. Logistic problem can be encountered due to renovation of
various oil tankers. The problems can be easily mitigated by the help of operation related to the
given project.
Tank Fulfillment: The given oil organization is making use of oil tankers for a long
period of time. There is large number of problem encountered by the organization like oil

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leakage. The given storage capacity of oil tanker comes up with limited size but there has been
considerable amount of growth in last few years (Kerzner 2017). However due to ageing of the
tank, there are large number of issues encountered which can easily setback the given
organization. Renovating the given tank will easily allow the fitting and fixing of various thing
like leakage, rust, damps in the oil tank. Renovation of the given tank can easily result in creating
huge effect on logistic issues. Various problems can be overcome which can result in completing
the given operation (Kerzner 2018). Renovation can easily result increasing the overall storage
capacity which is done as per the requirement of the client.
Report on competition of activities: It is considered to be another kind of problem
which requires proper kind of documentation of the given project. Managing the given activities
can be easily achieved for improving the quantity of oil storage and also benefit various kind of
holding of oil in various centers (Lock 2017). It can be considered to be providing better service
and successful management of the given operation. The final document can be found which is
needed for building some of the future aspects of the given operation.
Management plan
This particular plan is needed for oil tank renovation for the given organization. It can be
easily deployed for both integrations and align with the given management in much successful
way(Svejvig and Andersen 2015). The given can be easily estimated can be applied for proper
project scheduling method is needed for defining and understanding the given management of
the project. Project management principles are applied is this given project that is oil tank
renovation. Management process is inclusive of various description with respect to analysis of
budget for the given project. The scheduling method comprises various steps like

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Developing project budget and making use of resources: The analysis of budget for
this oil tank has been done for improving the operation by understanding the various kind of
associated activities. Management plan is needed for improvising various aspects of the project
like time, resources and management of quality of the given project(Sánchez 2015). Proper
visualization can be done for making use of resources and renovation of the given oil tank.
Easing can be done for successful integration which is needed for align oil tanker process of
improvement. It can be easily being required for both information and its development. Some of
the major steps which can be taken at the time of renovating the given project are as follow:
 There can be increase in overall cost of the project due to delay in various activities of the
project. There is large number of issues and it has ultimately lead to various kind of
issues related to construction (Marcelino-Sádaba et al. 2014). Contingency approach is
required for meeting the need of client and have resulted in various kind of issue related
in the given project.
 The second assumption for consideration is all about increasing the incurred cost in the
given project (Marchewka 2014). Budget of given project is inclusive of large number of
factors like calculation of labor cost. Hike in the cost of labor can result in large number
of issues in the given project.
Project Scheduling technique: Gantt chart can be used for development of project plan
for this oil tank project. Utilization can be taken into account for formation of successive or
overall integration of oil tank improvement (Mir and Pinnington 2014). Construction work can
be easily applied for shorthand renovation of oil tank which is needed for improvement. Gantt
chart is considered to be one of flexible way which is needed for understanding the development
plan of the project. The biggest plus point of Gantt chart is that it provides an idea regarding

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timeline of any project. Apart from this, provides an overview regarding the various resources
which are used in any project. Gantt chart for given oil tanker project is all about renovating the
oil tank. It can be effectively deployed by the formation of some of the effective practices of
given project. Activity of repairing can be distinguished in various phases and each of the given
phases comes up with proper activities. The biggest plus point of making use of Gantt chart is
that the given project that renovation of oil tank can be easily done by aligning it with proper
works. Schedule for given project can be tackled by considering the various kind of activities and
align the predecessor with the given activities of the project.
Project Evaluation plan
Planning of checklist: An identification can be done for understanding by the help of
checklist plan which needs to be taken into account. Making use of checklist plan can be
considered to be helpful for understanding the successive development for various operation in
oil tank project(Schwalbe 2015). Making use of checklist plan can be considered to be very
much helpful for understanding the development of successive for the given operation for the oil
tank project. Various kind of operation can be limited as per the constant for time variation and
understanding the various factors. It is totally depended on understanding various kind of
facilities which is needed for understanding facility of the given operation. It can easily align the
successive renovation of the given activities in the given project. Checklist plan is needed for
providing much better service to various customers and align it with proper success and
innovation which works with another kind of activities.
Analysis of feasibility: Successive activities for renovation work can be controlled and
integrated by making use of proper kind of development model. Ease of renovating the work can
be considered to be considered to be very much effective in understanding the utilization of

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various resources (Todorović et al. 2015). The successive work for evaluation can be easily
applied for the current operation which helps in understanding the successful integration. The
given performance of the project can be easily applied for listing the various kind of activities
which is needed for development of various renovation work. Feasibility analysis can be applied
by the help of proper management of information which is needed for execution of the given
project.
7QC tool: This particular tool can be considered to be used in oil tank project so that the
renovation can be carried in much better way (Verzuh 2015). It is mainly done so that
organization can improve their activities which are related to construction. Renovation can be
used for successful renovation of both work and its integration. Successful integration can be
easily applied for understanding the quality tool. Quality tool can be used for development of the
given information. Quality tool is needed for development of information.
Project lifecycle: A proper kind of evaluation can be done with respect to renovation of
oil tanker which can be done through competition of given project lifecycle (Walker 2015).
Integration can be applied for development of understanding with respect to successive
innovation. The overall integration of renovation of information can be effectively done for
deployment of large number of execution of implementation plan.
Project Closure
Closure of the given project can be achieved by analyzing the quality of given outcome
of the given outcome of the given project. It aims in evaluation of checklist of the given project
and its lifecycle (Schwalbe 2015). Proper management of activities can be done by oil
management of oil tank which can be used for making use of management. Renovation of oil

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tankers can be achieved by making use of project management principles which is needed for
understanding the activities (Verzuh 2015). 7QC tool can be used for development of proper
integration of information and its allocation. Successful integration is needed for proper lining of
various quality tools.
The checklist plan is needed for providing much better and improved service to large
number of customer. Apart from this, it aims in align with successful renovation work which is
needed for understanding the activities (Todorović et al. 2015). A proper kind of evaluation can
be done regarding renovation of oil tank and its development. Proper evaluation can be done at
the competition phase of the given project. Integration can be easily applied to having a proper
kind of understanding with respect to renovation works (Walker 2015). Utilization can be easily
applied for easily forming proper kind of integration with renovation works.
Conclusion
From the above pages of the report it can be easily stated that the report highlights oil
tank renovation. In the introduction section of the report both the project and organization has
been discussed. After that four important aspects of the report that is implementation plan,
project evaluation plan, project evaluation and closure of project have been discussed in details.
Integration in this particular project needs to be successful which is required for understanding
the scheduling method of the given project. In this project the terminal project manager has
managed to take up responsibility for operation in last 4 months. The given project is
encountering a large number of logistic challenges in this particular site. Operation should be
continued so that they can easily provide a stream and provide continuity supply of fuel outlets.

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