Wednesday, January 8, 2020

Fundamentals of Project Management and Business Decisions

Fundamentals of Project Management and Business Decisions Professor Porfirio Chen Case Study #1: The Benfield Column Repair Project David Luo 29/02/2013 CASE ANALYSIS OF: THE BENFIELD COLUMN REPAIR PROJECT Introduction / Background This case is about an important South African coal, chemical and crude-oil Company called â€Å"Sasol†. The case is developed around the Benfield Unit of the Gas Circuit as Sasol Three. Sasol is an International integrated energy and chemicals company that generates value through its proven alternative fuel technology with capable employees that provide sustainable energy solutions to the world. The company is also involved in mining, energy, chemicals and synfuels. In†¦show more content†¦Milestone The Project began on Thursday, March 10, at 8:00 A.M it was supposed to finish forty-five days after it begun. Instead, the Project was handed back to production on Sunday April 3rd, at 12:30 P.M, and the Project completion certificate was signed on Friday, April 8th, at 4:30 P.M. Fifteen days ahead of schedule. 1.) A work breakdown structure was used in the project management of the project described n this cased. According to the PMBOK Guide, what is the concept of the work breakdown structure? †¢ The work breakdown structure (WBS) is a method for project planning and control. In a WBS a project is broken down into its major components, referred to as modules. The project team consisted of a project manager, a senior project engineer, a cost engineer, and a planner. The total team, however, had twenty-seven members. Within fifteen minutes of receiving the contract, the team had contracted employees from six sites in the United States, Saudi Arabia, Turkey, and South Africa and were faxing drawing from their head office, placing provisional the massive spreader shine to be used to lift off and replace the damaged and new sections. This speed of response set the standard for everyone involved. 2.) 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