The effective implementation of the project management plays a core roll in avoiding bad project use effect and waste of funds, caused by asset management planning and design errors or equipment selection errors;meanw...The effective implementation of the project management plays a core roll in avoiding bad project use effect and waste of funds, caused by asset management planning and design errors or equipment selection errors;meanwhile, it can effectively improve the operational efficiency of enterprise assets, lower operating costs and save resources. In June 1974, A. Gordon published a paper “3L Economics Concept” as the starting point, on the “Building and Quantity Surveying”, which is organized by the Royal Institution of Chartered Surveyors. In this paper, a review of domestic and foreign research, from 1974 to 2015, on the total life cycle management progress will be given, and then a comment on it will be established. After detailed investigation and analysis of related materials, we can draw a conclusion: the study of the oil and gas development project lifecycle management is just beginning now. Hence, building the whole life cycle planning index system in line with the characteristics of oil and gas development project is very necessary.展开更多
This paper reviewed the concepts of Project Evaluation Review Technique and<span style="font-family:Verdana;"> Critical Path Method in project management with practical examples. The methods and succes...This paper reviewed the concepts of Project Evaluation Review Technique and<span style="font-family:Verdana;"> Critical Path Method in project management with practical examples. The methods and success of quantitative decision-making approaches in project management through t</span><span style="font-family:Verdana;">he use of project evaluation review technique and the critical path method as regards project duration and critical activities of a project, were discussed. The review found that while both methods are effective in achieving success in project management, the relationship and connectivity of activities involved in a project life cycle are key aspects. The paper concludes that the project evaluation review technique is more effective when the duration of the project is uncertain, while the critical path method is effective when the project’s end time is certain. The paper, therefore, recommends that to achieve maximum operative efficiency in utilizing resources in project management, p</span><span style="font-family:Verdana;">rior to commencing the execution of a project, all required resources to cover every activity must be assembled and prioritized to eliminate interruptions that could bring delay and unnecessary cost implications. Again, policies focused on improving project execution should be implemented in developing nations to minimize the many cases of failed and delayed projects. Subsequently, stakeholders in projects must be given the right, under the law, to prosecute the government, its agencies and/or the executors of projects for failure to execute a project on schedule.</span>展开更多
文摘The effective implementation of the project management plays a core roll in avoiding bad project use effect and waste of funds, caused by asset management planning and design errors or equipment selection errors;meanwhile, it can effectively improve the operational efficiency of enterprise assets, lower operating costs and save resources. In June 1974, A. Gordon published a paper “3L Economics Concept” as the starting point, on the “Building and Quantity Surveying”, which is organized by the Royal Institution of Chartered Surveyors. In this paper, a review of domestic and foreign research, from 1974 to 2015, on the total life cycle management progress will be given, and then a comment on it will be established. After detailed investigation and analysis of related materials, we can draw a conclusion: the study of the oil and gas development project lifecycle management is just beginning now. Hence, building the whole life cycle planning index system in line with the characteristics of oil and gas development project is very necessary.
文摘This paper reviewed the concepts of Project Evaluation Review Technique and<span style="font-family:Verdana;"> Critical Path Method in project management with practical examples. The methods and success of quantitative decision-making approaches in project management through t</span><span style="font-family:Verdana;">he use of project evaluation review technique and the critical path method as regards project duration and critical activities of a project, were discussed. The review found that while both methods are effective in achieving success in project management, the relationship and connectivity of activities involved in a project life cycle are key aspects. The paper concludes that the project evaluation review technique is more effective when the duration of the project is uncertain, while the critical path method is effective when the project’s end time is certain. The paper, therefore, recommends that to achieve maximum operative efficiency in utilizing resources in project management, p</span><span style="font-family:Verdana;">rior to commencing the execution of a project, all required resources to cover every activity must be assembled and prioritized to eliminate interruptions that could bring delay and unnecessary cost implications. Again, policies focused on improving project execution should be implemented in developing nations to minimize the many cases of failed and delayed projects. Subsequently, stakeholders in projects must be given the right, under the law, to prosecute the government, its agencies and/or the executors of projects for failure to execute a project on schedule.</span>
