Engineering Management
Abstract
Oil, gas, and power generation projects have special economic and technical characteristics. Managing these types of projects requires both special skills and an overview of all project phases. Economically, facilities are dependent on oil and gas production, which is directly correlated to global investment, which is in turn affected by the price of oil. In 2008, e.g., oil prices increased worldwide; as a result, many projects were started during that time period. During the writing of this book, on the other hand, the price has dramatically decreased, which has caused many problems for investments in many projects worldwide.
Keywords
Engineering management; project cost; life cycle; field development; ...
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