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(RISK-2238) Risk Mitigation in EPC Projects of Fossil-Fuel Power Plants

Primary Author: Paul Alexander Villanueva, PE CCP
Co-Author(s): Jeancarlo Duran Maica, CCP EVP

Audience Focus: Intermediate
Application Type: Practice
Venue: 2016 AACE International Annual Meeting, Toronto, ON, Canada

Abstract: This paper is part of an effort performed in an EPC Project for a Fossil-fuel power plant EPC Project located in Chiclayo, Peru. It arises because of the need to estimate the Commercial Operation Date (COD) of the project in a consistent way, after several cases of supplies latecomers to the site and the poor reliability in production rates from subcontractors. The paper objective is to show a well-organized and practical decision making process to treat risks related to the execution time of a Fossil-fuel power plant EPC Project. This method has as a fundamental first step, the deep understanding of the project functionality in order to define a planning that integrates work breakdown structure (WBS) with Turn over packages (TOPs), whose boot sequencing determines the First-Fire date of the power plant.