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Building an Econometrics Model for Pier Construction in an Indonesian Oil and Gas Company.
- Source :
- PM World Journal; Apr2024, Vol. 13 Issue 4, p1-29, 29p
- Publication Year :
- 2024
-
Abstract
- In the face of escalating global energy demands, the construction and management of pier infrastructure emerge as pivotal challenges, particularly for energy companies like Pertamina Patra Niaga in Indonesia. This paper aims to optimize pier construction management through the implementation of an OmniClass Work Breakdown Structure (WBS), addressing the critical need for standardized project management methodologies in complex, large-scale construction projects. By integrating a multidimensional WBS approach, akin to the hypercube or tesseract model, this study explores the enhancement of project planning, execution, and management. Employing a comprehensive literature review and case study analysis, the research investigates the efficacy of OmniClass WBS in facilitating better project coordination, cost estimation, and risk management. The findings underscore the significant advantages of adopting a standardized, multidimensional WBS, including improved data management and project outcome predictability. This paper concludes that the OmniClass WBS framework not only optimizes pier construction projects but also serves as a model for future infrastructure development endeavors within the energy sector [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 23304480
- Volume :
- 13
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- PM World Journal
- Publication Type :
- Academic Journal
- Accession number :
- 176852978