How to easily estimate the duration of an Oil & Gas EPC Project

Did you know that Oil&Gas facilities projects have all the same critical path? Well, if you think about it, you will easily realize that what takes the most time in their completion is their piping.

Industrial Piping

Did you know that Piping is generally the critical path and that simple rules of thumb allow you to determine the duration of your project?

Thanks to a number of rule-of-thumb estimates that can be added to this observation, it is easy to deduct what is the duration of an EPC project in the Oil & Gas field, and what are the parameters that actually drive this duration. In the new, unique groundbreaking expert paper 2013-02, Hervé Baron reveals key fundamentals that will be useful to any Project Manager in Oil & Gas EPC projects.

Project managers and project planners too often dwell in too complicated approaches when it comes to determine project duration. The key is always to understand what is the chain of activities that actually will drive the project delivery. The  paper proposes a uniquely elegant approach to project management for oil-and-gas projects using piping as the critical chain, and a number of extremely useful rules-of-thumb to determine the expected project duration.
The paper also includes a very well thought graphic illustration of the drivers of the project schedule and how they relate together on a timeline. Don’t miss our new expert paper 2013-02!

Hervé Baron is the author of “The Oil & Gas Engineering Guide” (Editions Technip). He conducts training in Engineering, Contract Management and Project Control. For more information and a number of additional useful resources please consult his blog: http://www.toblog.fr/fr/baron.html.

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