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Building Options at Project Front-End Strategizing

Author : Guilherme Biesek

Publisher : Project Management Institute

Page : 299 pages

File Size : 21,65 MB

Release : 2014-07-01

Category : Business & Economics

ISBN : 1628250720

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Book Description

How do project teams overcome differences to adopt a design plan that strikes a balance between short-term affordability and long-term adaptability? In the book, Building Options at Project Front-End Strategizing: The Power of Capital Design for Evolvability, Guilherme Biesek and Nuno Gil cite research indicating the need for a formal framework to develop front-end strategies that ensure cost-effective management of the project through future change. Biesek and Gil found limitations in the current practices and theory for management of capital projects, and turned to real options reasoning and design literature. Project teams often resort to real options reasoning, because investment in design flexibility is similar to buying options. If future changes are minimal or favorable the options can be exercised to adapt the design economically. In the event the future is not favorable to the project, a limited investment has been lost.



Building Options at Project Front-End Strategizing

Author : Guilherme Biesek

Publisher :

Page : 164 pages

File Size : 10,21 MB

Release : 2014-05-01

Category : Business & Economics

ISBN : 9781628250428

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Book Description

Biesek and Gil demonstrate how a formal framework for design flexibility on the front end encourages greater communication among project team members, helps avoid risks and reduce costs, and improves efficiency. While the uncertainties of the future will always be present, capital project teams can manage potential change more effectively by adopting these principals and designing for evolvability.



Offshore Process Safety

Author :

Publisher : Academic Press

Page : 380 pages

File Size : 41,39 MB

Release : 2018-06-18

Category : Technology & Engineering

ISBN : 0128140283

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Book Description

Methods in Chemical Process Safety, Volume Two, the latest release in a serial that publishes fully commissioned methods papers across the field of process safety, risk assessment, and management and loss prevention, aims to provide informative, visual and current content that appeals to both researchers and practitioners in process safety. This new release contains unique chapters on offshore safety, offshore platform safety, human factors in offshore operation, marine safety, safety during well drilling and operation, safety during processing (top side), safety during transportation of natural resources (offshore pipeline), and regulatory context Helps acquaint the reader/researcher with the fundamentals of process safety Provides the most recent advancements and contributions on the topic from a practical point-of-view Presents users with the views/opinions of experts in each topic Includes a selection of the author(s) of each chapter from among the leading researchers and/or practitioners for each given topic



Building Options at Capital Project Front-end Strategizing

Author : Guilherme Biesek

Publisher :

Page : 4 pages

File Size : 32,23 MB

Release : 2014

Category : Capital

ISBN :

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Book Description

This research provides insights on strategies to cope with changes in requirements over the course of a capital project delivery time and later during the asset's operational lifetime. At the heart of the research is the dilemma faced by capital project teams during front-end strategizing: How to design and develop new capital assets that can adapt and evolve economically to cope with future changes in design requirements. Data were collected between September 2009 and December 2012 via case studies on Network Rail, a private company with a public guarantee that owns Britain's railway infrastructure and lab-based experiments.



Precision Planning

Author : Jose Gabriel Rosas Jimenez

Publisher : Jose Gabriel Rosas Jimenez

Page : 229 pages

File Size : 26,57 MB

Release : 2024-08-14

Category : Technology & Engineering

ISBN : 1964629411

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Book Description

This book is about how to implement Advanced Work Packaging (AWP) in your company and your projects. - Do you want to visualize an EWP or a PWP? - What do you think about having the CWPs as the activities in the schedule Level 3? - What about long-term planning from a Waterfall perspective? - What about medium and short-term planning from an Agile perspective? - Why do you need hundreds of thousands of activities in your schedule? - What if you analyze your project by mini-projects? - With the use case, follow step by step how to define and visualize by discipline the EWPs, PWPs, and CWPs. - Following the use case, Identify different scenarios on how to define the IWPs and visualize them in the 3D model. This book is a comprehensive guide that delves into the role of Advanced Work Packaging (AWP) in the digital transformation of construction projects, aiming to improve visibility and traceability. The book covers the historical background of AWP, its significance in project management, and the fundamentals of corporate and project organizational structures. In the section on Front-End Planning, essential concepts such as Construction Work Areas (CWA), Construction Work Packages (CWP), and the Path of Construction (POC) are discussed. It explains how to define CWPs, address bottom-up breakdown, and integrate the 3D model in defining the POC. Additionally, it explores Engineering Work Packages (EWP), Procurement Work Packages (PWP), and their integration into the 3D model. These practical strategies aim to enhance predictability, reduce schedule overruns, and optimize cost forecasting. The book also includes a section on Work Face Planning, which discusses the definition of Installation Work Packages (IWP), medium-term planning using the Six Weeks Look Ahead, and short-term planning using the Weekly Work Planning, all connected with the rules of progress based on the Earned Value Management (EVM) principles. Furthermore, it highlights the disciplined approach of AWP in improving project delivery, covering early engineering phases, scaffold and access management, and the concept of continuous improvement. The inclusion of a step-by-step case study with detailed and practical insights enhances the book's value as a resource for professionals seeking to enhance their construction planning skills. CHAPTERS 1. Basics 2. What is Front End Planning 3. Construction Work Areas (CWA) and Construction Work Packages (CWP) 4. Defining CWP by discipline 5. Path of Construction (POC) 6. Defining the POC using the 3D model 7. Engineering Work Packages (EWP) 8. Procurement Work Packages (PWP) - Mandatory 9. Backward Pass, the Waterfall approach, and the Mini-projects 10. Integration of the 3D model 11. Utilizing 3D models as the single source of truth of data 12. Workface Planning 13. Installation Work Packages (IWP) 14. How to define IWPs 15. The Agile approach within schedule Level 4, IWP Planning and Execution 16. Earned Value Management (EVM) principles and Installed Quantities 17. Commissioning and the TWP 18. Visualization 19. Conclusion 20. Case Study showcasing the practical implementation of AWP with the 3D model 21. Mini-projects, creating Path of Construction and Backward Pass 22. Bibliography



Planning, Estimating, and Control of Chemical Construction Projects

Author : Pablo F. Navarrete

Publisher : CRC Press

Page : 509 pages

File Size : 39,49 MB

Release : 2001-01-23

Category : Business & Economics

ISBN : 1482270811

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Book Description

Contains added chapters emphasizing the importance of choosing the correct project and defining project goals. Stresses the need for adequate front end loading (FEL) and outlines the responsibility of the venture manager in project selection. Provides updated case studies and examples on technical evaluation criteria, construction progress monitori



Managing Construction and Infrastructure in the 21st Century Bureau of Reclamation

Author : National Research Council

Publisher : National Academies Press

Page : 154 pages

File Size : 31,35 MB

Release : 2006-02-19

Category : Transportation

ISBN : 0309100356

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Book Description

In the more than 100 years since its formation, the U.S. Bureau of Reclamation of the Department of Interior (DOI), through its construction program, has brought water, electric power, and recreation facilities to millions of people in the Western United States. With major water and power systems in place, the Bureau's attention has now turned to operation, maintenance, repair, and modernization of those facilities in an environmentally and economically sound manner. To help with this effort, DOI asked the NRC to advise the Bureau on "appropriate organizational, management, and resource configurations to meet its construction, maintenance, and infrastructure requirements for its missions of the 21st century." This report presents an assessment of the requirements facing the Bureau in the 21st century, an analysis of good practices and techniques for addressing those challenges, and a review of workforce and human resource needs. The report also provides alternative scenarios that describe possible future organizations for infrastructure management.



Building Smart, Resilient and Sustainable Infrastructure in Developing Countries

Author : Innocent Musonda

Publisher : CRC Press

Page : 355 pages

File Size : 10,64 MB

Release : 2022-12-21

Category : Technology & Engineering

ISBN : 1000883310

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Book Description

Building Smart, Resilient and Sustainable Infrastructure in Developing Countries contains the papers presented at the International Conference on Development and Investment in Infrastructure (DII-2022). The contributions cover a wide range of topics related to infrastructure issues on the African continent: Sustainable Infrastructure Development Smart Infrastructure and Cities Quality and Resilient Infrastructure Education, Empowerment, Gender Equity, Wellness and Development Environmental and Waste Management/Facilities & Real-Estate Management Infrastructure, Investment and Finance- Trends and Forecasts Infrastructure: Shock Events, Procurement, Project Management, Health & Safety Infrastructure: Economic, Social/Environmental Sustainability Digital Innovation and transition in the built environment Building Smart, Resilient and Sustainable Infrastructure in Developing Countries evaluates innovations, empowerment, growth and sustainable development of infrastructure development in Africa, and aims at administrators, academics, and professionals.



Delivering Value with BIM

Author : Adriana Sanchez

Publisher : Routledge

Page : 367 pages

File Size : 48,65 MB

Release : 2016-03-31

Category : Technology & Engineering

ISBN : 1317313186

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Book Description

Building Information Modelling (BIM) is a global phenomenon which is gaining significant momentum across the world. Currently there is little information on how to realise and monitor benefits from implementing BIM across the life-cycle of a built environment asset. This book provides a practical and strategic framework to realise value from implementing BIM by adapting Benefit Realisation Management theory. It presents an approach for practitioners aiming to implement BIM across the life-cycle of built environment assets, including both buildings and infrastructure. Additionally, the book features: wide-ranging information about BIM, the challenges of monitoring progress towards benefit goals and the greater context of implementation; a set of dictionaries that illustrate: how benefits can be achieved, what the benefit flows are and the enabling tools and processes that contribute to achieving and maximising them; a suite of measures that can serve to monitor progress with examples of how they have been used to measure benefits from BIM; real-world examples from across the world and life-cycle phases that show how these benefits can be achieved; and information on international maturity and competency measures to complement the value realisation framework. Including a blend of academic and industry input, this book has been developed in close collaborative consultation with industry, government and international research organisations and could be used for industry courses on BIM benefits and implementation for asset management or by universities that teach BIM-related courses.



An Integrated Infrastructure Delivery Model for Developing Economies

Author : Rembuluwani Bethuel Netshiswinzhe

Publisher : Taylor & Francis

Page : 187 pages

File Size : 45,25 MB

Release : 2023-08-29

Category : Business & Economics

ISBN : 1000915131

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Book Description

This book explores the attributes of an integrated model for infrastructure delivery as a means to achieve high impact investing, sustainable growth and development in a developing economy. An Integrated Infrastructure Delivery Model for Developing Economies: Planning and Delivery Management Attributes is premised on the understanding that one of the most significant barriers to efficient and effective infrastructure delivery is the nature and extent of fragmentation in the ways in which infrastructure projects are planned, designed, and delivered. Using a Delphi method, the research presented in this book examines the infrastructure delivery models and practices that have been employed in South Africa and other developing countries, and in doing so presents eight attributes for integrated infrastructure delivery. These are: (i) developing a common vision for the community, (ii) stakeholder participation, (iii) integrated project development and scoping, (iv) access to planning information, (v) cross-sectoral planning, (vi) integrated infrastructure master plans, (vii) statutory and regulatory compliance and (viii) integrated contractual frameworks. The book presents a practical model that can serve as a guide and a manual for project planning and development to achieve integrated infrastructure delivery in developing economies. The proposed model should serve as a framework to inform future planning and programming of infrastructure projects within the public sector space. Furthermore, the application of the model will help resolve the problems of fragmentation and lack of coordination in how infrastructure projects are planned and implemented. This book will be beneficial to infrastructure practitioners, policymakers, researchers and academics who pursue best practice models to improve the delivery and management of infrastructure.