CRITICAL REVIEW OF CONSTRUCTION PROGRESS MEASUREMENT AND ACCURATE METHOD BY USING FIELD ESTIMATES

Abstract

In Engineering, Procurement and Construction (EPC) projects, the construction phase is the largest and riskiest portion of Oil &Gas capital projects, comprising 35% to 50% of the total project cost. Thus, the construction portion is many times a game changer for the undertaking's good outcome and it is vital to have severe command over the construction stage to safeguard from project failures. Progress of the board in development projects assumes an imperative part in giving as-constructed data about the undertaking to the group for convenient navigation, where the measurement process carries a vital role in the timely decision-making process. In any case, progress data has not been constantly gathered through true sources, and commonly it is simply founded on a singular encounter or abstract decisions, which brings about a goal arranged choice methodology with an unpredicted achievement rate.

This research paper aims to outline a more accurate process that will revoke applying different measurement methods based on different approaches to overcome the problems using measurement based on field estimated quantities to portray realistic project status. The research covers the study of currently practiced approaches to establish an improved method that focuses on integrating work breakdown structure, schedule activities, estimates, and improved progress measurement methods based on field estimated quantities to monitor project progress all the more productively and really.