Title |
Development of Integrated Cost-Schedule Management Guidelines for EPC Modular Projects |
Authors |
Kim, Donghee ; Ha, Minhui ; Choi, Jaehyun |
DOI |
http://dx.doi.org/10.6106/KJCEM.2020.21.3.076 |
Keywords |
EPC Projects; Modular Plants; Integrated Cost/Schedule Management Process; Guidelines |
Abstract |
The rate of application of the modular plant in the plant industry is increasing, and for the success of the modularization projects, it is essential to develop and implement a systemized methodology across all phases of the project. However, Korean EPC firms lack project management capability when it comes to apply standardized methodology. Therefore, it is important to establish and systematize the cost/schedule integrated management method which are the two core elements of project management technology. This study was conducted to develop a methodology and guidelines for integrated management process for modular plant projects. The researchers developed a methodology for planning and managing cost and schedule, and integrated by module unit. Integrated cost and schedule methodology and guidelines developed can be used for various EPC modular plant projects to enhance the efficiency of project management. |