The latent causes of rework in floating production storage and offloading projects

There is growing demand for cost effective and reliable floating production systems to maximize marginal and new deepwater fields worldwide. Floating Production Storage and Offloading (FPSO) vessels are considered to be the most economical and viable options to meet this demand. Yet, FPSO projects a...

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Main Authors: Love, Peter, Edwards, D., Irani, Z., Forcada, N.
Format: Journal Article
Published: Vilniaus Gedimino Technikos Universitetas * Leidykla Technika 2014
Subjects:
Online Access:http://www.tandfonline.com/doi/abs/10.3846/13923730.2013.802725#.VOGm9KOQ9QA
http://hdl.handle.net/20.500.11937/34452
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author Love, Peter
Edwards, D.
Irani, Z.
Forcada, N.
author_facet Love, Peter
Edwards, D.
Irani, Z.
Forcada, N.
author_sort Love, Peter
building Curtin Institutional Repository
collection Online Access
description There is growing demand for cost effective and reliable floating production systems to maximize marginal and new deepwater fields worldwide. Floating Production Storage and Offloading (FPSO) vessels are considered to be the most economical and viable options to meet this demand. Yet, FPSO projects are prone to significant cost and schedule growth. On average, FPSOs have been reported to experience a 20% cost growth and are delayed by six months. Overruns and delays represent uncertainties for owners, contractors and financial institutions. In-depth interviews with twenty-three practitioners about their experiences with FPSO projects revealed that rework arising from design and construction errors were major contributors to cost and schedule growth. Key latent conditions contributing to rework are classified according to people, organization and project. Using retrospective sensemaking an examination of the determinant histories in a new build and conversion FPSO that experienced rework was undertaken. The sharing of experience(s) is deemed pivotal for reducing rework in future projects, particularly through the use of communities of practice that are able to stimulate situated learning to take place. A reduction in rework will not only reduce cost and schedule growth, improve operational performance and augment safety.
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spelling curtin-20.500.11937-344522019-02-19T04:27:34Z The latent causes of rework in floating production storage and offloading projects Love, Peter Edwards, D. Irani, Z. Forcada, N. sensemaking retrospection errors conversion rework FPSO learning new build There is growing demand for cost effective and reliable floating production systems to maximize marginal and new deepwater fields worldwide. Floating Production Storage and Offloading (FPSO) vessels are considered to be the most economical and viable options to meet this demand. Yet, FPSO projects are prone to significant cost and schedule growth. On average, FPSOs have been reported to experience a 20% cost growth and are delayed by six months. Overruns and delays represent uncertainties for owners, contractors and financial institutions. In-depth interviews with twenty-three practitioners about their experiences with FPSO projects revealed that rework arising from design and construction errors were major contributors to cost and schedule growth. Key latent conditions contributing to rework are classified according to people, organization and project. Using retrospective sensemaking an examination of the determinant histories in a new build and conversion FPSO that experienced rework was undertaken. The sharing of experience(s) is deemed pivotal for reducing rework in future projects, particularly through the use of communities of practice that are able to stimulate situated learning to take place. A reduction in rework will not only reduce cost and schedule growth, improve operational performance and augment safety. 2014 Journal Article http://hdl.handle.net/20.500.11937/34452 10.3846/13923730.2013.802725 http://www.tandfonline.com/doi/abs/10.3846/13923730.2013.802725#.VOGm9KOQ9QA Vilniaus Gedimino Technikos Universitetas * Leidykla Technika restricted
spellingShingle sensemaking
retrospection
errors
conversion
rework
FPSO
learning
new build
Love, Peter
Edwards, D.
Irani, Z.
Forcada, N.
The latent causes of rework in floating production storage and offloading projects
title The latent causes of rework in floating production storage and offloading projects
title_full The latent causes of rework in floating production storage and offloading projects
title_fullStr The latent causes of rework in floating production storage and offloading projects
title_full_unstemmed The latent causes of rework in floating production storage and offloading projects
title_short The latent causes of rework in floating production storage and offloading projects
title_sort latent causes of rework in floating production storage and offloading projects
topic sensemaking
retrospection
errors
conversion
rework
FPSO
learning
new build
url http://www.tandfonline.com/doi/abs/10.3846/13923730.2013.802725#.VOGm9KOQ9QA
http://hdl.handle.net/20.500.11937/34452