Project governance, organisation and resources
Clear and robust project governance arrangements are essential to the project’s success. PM will advise on and implement appropriate governance arrangements for the project.
Project planning, control and coordination
Project success requires the creation of a suitable project execution and schedule plan, communication of that plan to all participants and stakeholders and ensuring the plan is executed. This plan is owned by the PM and prepared in conjunction with project participants and in consultation with stakeholders.
This project execution plan must include reports of project status and key indicators as well as good allocation of time/budget to the various activities in the Work Breakdown Structure. It must also ensure at all times availability of necessary resources
Cost and risk management
It is essential that a realistic assessment of all the factors that can affect the project’s economic performance is made, as well as analysing the risks to delivery in line with techno-economic assumptions.
Further, any risks to completion in line with the economic assumptions must be managed.
It is essential that the plant, once up and running, performs in line with expectations.
Permit and licensing management
Successful realisation of a project requires the support of a range of stakeholders, many of whom have no role in the project governance structure or in the project execution plan. Such external stakeholders might include national and local government bodies, regulatory agencies, labour or trade unions, and the media.