Practical sheet | REF: FIC1661 V1

Optimization approach at the start of a project's execution phase

Author: Jean-Pierre PAYRE

Publication date: May 10, 2019 | Lire en français

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1. Knowing the contract and the offer

The offer made at the quotation stage made it possible to identify the risks involved in the project.

When the project is launched, once the contract has been signed, the list of risks and opportunities drawn up at the tender stage must be reviewed at Project Meeting 1.

Those involved in the project are often more aware of the technical, financial, political and industrial risks involved.

On the other hand, the search for margin-generating opportunities is often ignored by engineers who are more concerned about the hazards and risks involved in a project.

This search for opportunities therefore calls for an expert external eye, with good feedback from projects of the same type, to help the project team find ways of improving margins, through commercial action, innovation or technical creativity...

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