Primary Author: Mr Mark C Sanders PE CFCC
Audience Focus: Basic
Application Type: Application
Venue: 2013 AACE International Annual Meeting, Washington, DC, USA
Abstract: The purpose of this paper is to provide an owner's perspective on the expected deliverables from an EPC's project controls department to support the execution of a significant capital project at an operating fossil plant. These projects are typically driven by developments in the regulatory environment, which means they face firm schedule and budget constraints. Owners are investing at a target rate of return that will only be achieved if the capital cost can be controlled, and they face significant penalties if systems are not in compliance by established regulatory deadlines. This paper will address the owner's expectations for the project controls department of an EPC, so that the project team can ensure that plant and corporate management have honest, high-quality reports on which to rely.
Audience Focus: Basic
Application Type: Application
Venue: 2013 AACE International Annual Meeting, Washington, DC, USA
Abstract: The purpose of this paper is to provide an owner's perspective on the expected deliverables from an EPC's project controls department to support the execution of a significant capital project at an operating fossil plant. These projects are typically driven by developments in the regulatory environment, which means they face firm schedule and budget constraints. Owners are investing at a target rate of return that will only be achieved if the capital cost can be controlled, and they face significant penalties if systems are not in compliance by established regulatory deadlines. This paper will address the owner's expectations for the project controls department of an EPC, so that the project team can ensure that plant and corporate management have honest, high-quality reports on which to rely.