20 March 2013 23:43 [Source: ICIS news]
HOUSTON (ICIS)--There are several factors that are critical to the success of a project, an engineering executive said on Wednesday.
Control of schedule with a date certainty and flexibility of construction resources are two important issues, said Richard Meserole, vice president of operations and general manager of Fluor in Houston, Texas.
“You want to be able to control your own schedule – material, material, material,” he said during his presentation at the IHS World Petrochemical Conference.
Meserole said companies should buy their own equipment, buy their own material and make sure they get them on time.
Employers also need to attract and retain their craft workforce, as well as minimise cost through productivity.
Companies should also have safety programmes in place to ensure there are zero incidents, Meserole said.
“Every time you have an incident on your job site, your job site stops,” he said. “It doesn’t matter if you have 6,000 workers on your site or six, because with a major incident, everything stops. You have to be very careful with that.”
Meserole said another important factor is logistics.
“In today’s world, any people delivering material to and from your facilities [requires] a major effort, and you cannot underestimate how important that is to you and your success,” he said.
In 2006-2008, logistics “killed” two projects because schedules were not met and costs ran too high, he said.
Meserole said the oil and gas industry is anticipating “real upside”, and in order to help make a project successful, companies should make sure they examine several critical factors.
The IHS World Petrochemical Conference runs through Thursday.
Follow Tracy on Twitter
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections