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Project startup uses optimal amount of time

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A successful project startup uses the optimal amount of time and resources to ensure that a facility is brought on stream as quickly as possible without compromising worker safety. It is a balance of this invested time and resources weighed against the risks of inordinate delay. The risks include safety problems, initial equipment damage, operating errors, and improper installation or design. The key to successful startup management is up-front planning and early preparation in project development. Carefully planning and effectively executing commissioning and startup activities can reduce the project's overall cycle time (Uppal, 2002). What will happen to the project costs if the cycle time goes over budget?

Reference no: EM133234842

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