Inflection Point Engineering Project Controls and Estimation Curriculum

Progress

Module from the Project Controls and Estimation Curriculum curriculum.

Module 6 - Progress Measurement · Learning Objectives · 1. Apply rules of credit by discipline and deliverable · 2. Measure engineering by document count + weighted complexity · 3. Measure procurement by milestone (order, ship, receive, installed) · 4. Measure construction by installed quantity vs MTO · 5. Use physical-% vs earned-% based on rules of credit · Typical Rules of Credit

Deliverable Milestone % Credit Notes Discipline Ref
Process design P&ID Issue IFR (for review) 40% First issue Process PIP PROC01
Process design P&ID Issue IFD (for design) 70% After squad check Process PIP PROC01
Process design P&ID Issue IFC (for construction) 100% After MOC Process PIP PROC01
Equipment spec Issue tech bid 50% RFQ released Mech PIP
Equipment spec PO/LOI 100% Purchased Mech PIP
Equipment PO Order placed 20% Progress Procurement PIP
Equipment PO Shop FAT 60% Vendor test Procurement PIP
Equipment PO Delivered to site 85% Received Procurement PIP
Equipment PO Installed 100% Erected Construction PIP
Pipe fabrication Drawing released 20% Spool drawing Piping PIP PIC
Pipe fabrication Fabricated 70% Shop done Piping PIP PIC
Pipe fabrication Erected 100% Installed Piping PIP PIC

Source: Project_Controls_Estimation_Curriculum_v1.xlsx · Sheet: Progress