| Title |
An Analysis of Procurement Processes for the Application of System Prototype of Overseas Plant Projects |
| Authors |
Won Seo-Kyung ; Kang Min-Woo ; Lee Jun-Bok ; Kim Sun-Kuk ; Han Choong-Hee |
| Keywords |
Gas & Oil Plant Project ; Procurement Management ; Process |
| Abstract |
Recently Gas & Oil plant construction projects are increasing all over the oil-producing countries. The EPC (Engineering, Procurement and Construction) company, which participate in the plant projects, should possess the pertinent engineering license and procurement skill to create high added-value. It is because the procurement is very substantial to cover 70% of the total project cost. Nonetheless, there exist various risks involved in the procurement process due to the characteristics of the construction projects, long duration and complicated processes as well as the procured goods or services subjected to various logistics. The objective of this paper is to analyze proper process in the procurement and to identify various information and document. Also to analyze procurement process, the principal data are derived from the interview with experts and specialty contractors of plant project. The result of this study would widely be used as a guide to the procurement management at overseas gas & oil plant projects. |