Study On Cost Control For Petrochemicals Project

As China’s economy developing continuously and rapidly, it generates great demandon petrochemical articles. At the same time, China launched the national energy security.Both these factors boost huge investment in petrochemical projects in past several years.Cost control is one of the most important fields on petrochemical project management.Cost control effort has close relationship with project’s investment return.Base on cost control key and difficult points for petrochemical project the treatiseachieved following areas. First, compared onshore and offshore cost control philosophy,the author outlined the cost control solution for whole project life cycle. Second, theauthor detailed introduced EVM theory this theory has been accepted widely byinternational engineering companies and can help project control people integratedanalyze project cost and schedule status. Last, the author established a successful projectfor example to expound how to control cost for petrochemical project. All these researchesare important and necessary for improving the cost control level for domesticpetrochemical projects.