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Conference Proceedings

Second Project Development Symposium, Sydney

Conference Proceedings

Second Project Development Symposium, Sydney

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Project Development: The Lump Sum Alternative

With the recent collapse in commodity prices the size and number of resources project has diminished markedly in recent years._x000D_
Coupled with the disappearance of the "open cheque book approach", this has led to a revival of the lump sum or turn key project._x000D_
The key features of this mode of development are compared with the "owner managed" and "reimbursable cost plus fee" alternatives - with respect to schedule, cost and quality control. Key facts for the successful implem- entation of this mode of development are identified. However, the approach is not advocated for all projects and the potential shortfalls are also identified.
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  • Published: 1985
  • PDF Size: 0.129 Mb.
  • Unique ID: P198605016

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