In an EPC Project when you make your project schedule you have to break down the project by WBS (Sometimes Client already prepare the WBS with weighted % and issue it with the tender which has to be used in progress calculation) example ,
Milestone
Engineering
You can again break down it by dicipline
Procurement
You can again break down it by Long Lead and Bulk which can be then again broken down by dicipline
Construction and Commissioning
You can break down it by Area and dicipline or if there is no area then by dicipline
You can measure the,
Engineering by Manhours
Procurement by Cost
Constuction by Cost
Overall progress you can meausre it by Clients terms (if WBS Weighted % in given which is usually WBS based) or by Cost which can give you weighted % for Engineering , Procurement and Construction & Commissioning.
Other seniors can add more detail or you can pop questions to that we can reply.
Member for
14 years 7 monthsHi Najib,In an EPC Project
Hi Najib,
In an EPC Project when you make your project schedule you have to break down the project by WBS (Sometimes Client already prepare the WBS with weighted % and issue it with the tender which has to be used in progress calculation) example ,
Milestone
Engineering
You can again break down it by dicipline
Procurement
You can again break down it by Long Lead and Bulk which can be then again broken down by dicipline
Construction and Commissioning
You can break down it by Area and dicipline or if there is no area then by dicipline
You can measure the,
Engineering by Manhours
Procurement by Cost
Constuction by Cost
Overall progress you can meausre it by Clients terms (if WBS Weighted % in given which is usually WBS based) or by Cost which can give you weighted % for Engineering , Procurement and Construction & Commissioning.
Other seniors can add more detail or you can pop questions to that we can reply.
Warm Regards
Jithin