Organizing A Multibillion-Dollar Project

Society for Mining, Metallurgy & Exploration
B. R. Waples
Organization:
Society for Mining, Metallurgy & Exploration
Pages:
6
File Size:
280 KB
Publication Date:
Jan 1, 1982

Abstract

The first reaction in organizing a project of magnitude is that it's the same as smaller projects -- just bigger. This is not totally correct. The industry's record of completing big-money jobs on time and within budget is not outstanding. From a personal point of view, my question is: What is the project size at which controls are lost? Is it controls? Is it the number of pieces of equipment? Is it the number of decisions to be made? The slowness of communications? Or is it a combination of all of these? In working on multimillion-dollar jobs, the percentage of overrun seems to be lower or show an underrun when the following basics are followed: 1) Preplanning is intensified 2) Data gathering is complete 3) Approach is optimized 4) Planning is realistically scheduled 5) Changes are minimized 6) Decisions are expedited
Citation

APA: B. R. Waples  (1982)  Organizing A Multibillion-Dollar Project

MLA: B. R. Waples Organizing A Multibillion-Dollar Project. Society for Mining, Metallurgy & Exploration, 1982.

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