Investor Presentaiton slide image

Investor Presentaiton

Self Perform Approach ā€“ Explained Aspect Project Team/ Responsibility Engineering Procurement Construction Management - - Self-Perform Approach Project owner hires GMS, brings key personnel on the payroll, and integrates the personnel with their internal project team, effectively combining to create an in-house team Project owner remains the project manager as GMS personnel become internal employees GMS assumes coordination of engineering and completes it in-house by adding the required GMS personnel to the in-house team as needed QA/QC performed by third parties Direct purchase of equipment and materials on a global scale Central management of supply chain with management of logistics to site GMS (acting as the project owner) executes construction of all aspects of project with exception of certain scope items awarded to local contractors Direct hiring of expatriate and local work force reduces mark-ups, GMS transfers key employees to construction team for duration of project Project team manages personnel, schedule and costs Project team manages services such as construction camp and employee transportation ā€¢ EPCM Approach Project owner hires external engineering firm to be the project manager Project owner establishes internal project team to manage and oversee the EPCM firm EPCM firm performs engineering or outsources to third party engineering firms Some procurement management by EPCM firm Procurement is also done by contractors, depending on EPCM package Construction performed by contractors as per engineering approved drawings Each contractor has predefined scope where each contractor has its supervision and overheads External engineering firm establishes a small project team to manage external contractors Management of scope changes and extras TSXV:GMIN 49
View entire presentation