Project Management & Control !

Following procedures, which are used for the management and control of the execution of the project will be issued by EPC365 for Company approval:

• Risk Management Plan
• Reporting Procedure
  
• Cost Control & Invoicing Procedure
  
• Planning and Progress Measurement/Control Procedure
  
• Change Control Procedure
  
• Documentation Management Procedure
  
• Communication Networks Procedure
  
• Local Content Management System
  
• Interface Management Plan
  

Risk Identification
PMC OilPro’s risk management planning will start with a systematic study to identify the particular risks involved in the Project. This study will be broken down by both, project phase and discipline, and will focus on the project specific aspects, including technical, commercial, and local factors.  This study will also take into consideration environmental issues, local community and security relations and local labor relations. 
The study will be structured using the Risk Identification Checklists that have been developed by PMC oilPro.  These checklists are routinely updated by each discipline at the completion of each project as part of PMC OilPro’s internal project closeout procedures.  These Risk Identification Checklists are maintained not only for each of the design disciplines, but also for project control, procurement, QC, expediting, logistics, construction, and commissioning.

Risk Measurement
The next stage of EPC365’s risk management planning is the risk measurement.  
PMC OilPro starts its risk measurement studies by taking the lists of potential risks that have been identified in the first stage and conducting schedule and cost studies to determine potential impact ranges.  
 
Risk Control
The next stage of EPC365’s risk management planning is the risk control. The risks have been identified and measured.  PMC OilPro’s specialists will now decide whether risks can be sufficiently mitigated by advanced planning or whether specific, proactive risk containment actions are required. Advanced planning will be chosen where, in PMC oilPro’s experience, it is possible to reduce risk exposure to within controllable limits.  Such advanced planning will include studies to determine whether certain risks can be avoided through the use of specific strategies, designs and construction methods.  

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