Evaluation of Key Factors of Logistics Risks for Overseas EPC Projects

He, Jingshi; Han, Dongmei

doi:10.1155/2022/4447399

Cited by 5 publications

(3 citation statements)

References 34 publications

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“…• Engineering & construction projects located in remote areas, transportation difficulties for large equipment, on-site transportation conditions, loading, and warehousing operations bring great difficulties to EPC logistics operations (He & Han, 2022).…”

Section: Cost Structure Of Epcmentioning

confidence: 99%

Risk Analysis And Recommendations To Improve The Logistics Cost Performance Of The EPC Project At Remote Area

Firdausy

2023

jrssem

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The EPC and construction projects generally have a high level of complexity, and uncertainty. The changes that have occurred in the engineering, construction, control systems, and sub-logistics stages will impact logistics cost performance and finally affect the project margins, weak of project control, and high risk. The purpose of this study is to determine the variable risk that affects the performance of logistics costs, to obtain high-risk identification of engineering, construction, and system control variables that affect the performance of logistics costs and to determine the risk responses and recommendations to improve logistics cost performance on EPC projects in remote locations. Data was collected from literature studies, interviews with respondents, and experts. By 51 respondents' answers, the risk was identified are 30 factors in terms of the probabilities and impact. The method through descriptive analysis, validity & reliability testing, and qualitative risk analysis. Further, the follow-up of risk results would carry out through proactive and reactive mitigation. This research found 7% of the variables were extreme, and 93% were high-risk categories. Thus it indicates that all variables affect the logistics costs performance where the remote project locations are one of the main factors in increasing the logistics costs.

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Section: Cost Structure Of Epcmentioning

confidence: 99%

Risk Analysis And Recommendations To Improve The Logistics Cost Performance Of The EPC Project At Remote Area

Firdausy

2023

jrssem

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“…Figure 4 identifies the logistics risks for overseas EPC projects. Apart from the above, there are also additional risk factors affected by natural factors (He and Han 2022) or geographical conditions such as thunderstorms, earthquakes, and tsunamis, especially for areas vulnerable to such risks. The social risks can hardly be identified in the early stage since it involves public tolerance of the projects.…”

Section: Project Logistics Riskmentioning

confidence: 99%

The study of project cargo logistics operation: a general overview

Turbaningsih

2022

J. shipp. trd.

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The recent renewable energy infrastructure development trend and modular construction concept surge academic interest in the project logistics sector. The project logistics is the transportation processes for oversized cargo, critical and high value, that belong to infrastructures projects; that require specialised stowage, lifting and transporting loaded and discharged at different ports. This study aims to introduce project logistics to the public sector. The author uses the descriptive review to elaborate on the niche problem of project cargo transportation. The flow of project cargo operation from the fabrication yard to the final installation site is discussed in this paper. Planning of project cargo logistics requires an integrated planning approach that considers the following aspects total delivery cost management, end-to-end visibility, transport routing management, variability management, integrated international and domestic workflow, and technical safety consideration. The decision-making for fleet selection should be based on the optimum scenario evaluating the damage’s total logistics cost, delivery time, risks and consequences. This study can be a guide to accommodate multidiscipline studies that consider commercial, technical, and safety aspects of project logistics.

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“…They identified 25 possible risks in the procurement process through case studies, literature analysis, and expert interviews, and used Integrated Interpretative Structural Modelling (ISM) and Cross-Impact Matrix Multiplication Applied to Classification (MICMAC) to identify the risks in the procurement process. Jingshi He et al conducted a detailed analysis of the risks in the transportation of material procurement in international projects based on the characteristics of international projects and used the entropy-DEA (Data Envelopment Analysis) method to analyze the risks in each logistics [11]. Patricia Galloway presents the risks that EPC projects may encounter contractually in today's fast-changing society, including pricing issues in turnkey contracts, prudential requirements, and risks to ensure sustainability [12].…”

Section: Risk Classificationmentioning

confidence: 99%

Analysis on Engineering Risk Management of International EPC Project

Yuan¹

2022

BCPBM

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At present, China attaches great importance to international engineering, among which EPC general contracting mode is one of the most commonly used modes in international engineering projects. Improve the risk management ability of international EPC project is the key factor to evaluate the perfoemance of international EPC project. In order to improve the research level of international EPC project risk management and the collaboration between different countries, this paper analyzes and collates the literatures on CNKI database, Web of Science database and SCI database. Based on the development of EPC in China, this paper finds out the characteristics of EPC international engineering risk management, and divides the risks of inernational EPC construction projects into four aspects: engineering risk, procurement risk, construction risk and other risks. Finally, solutions are provided for these four risks. Furthermore, this paper provides a theoretical basis for the future development of international EPC projects in China.

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Evaluation of Key Factors of Logistics Risks for Overseas EPC Projects

Cited by 5 publications

References 34 publications

Risk Analysis And Recommendations To Improve The Logistics Cost Performance Of The EPC Project At Remote Area

Risk Analysis And Recommendations To Improve The Logistics Cost Performance Of The EPC Project At Remote Area

The study of project cargo logistics operation: a general overview

Analysis on Engineering Risk Management of International EPC Project

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