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
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