1, How to Optimise Cost of Project

We can try number ways to optimize the project

Reduced Cost - Any project can win with low price, but how to get the work done with low price??

1. Outsourcing low income countires exploring in Africa

2. Developing tools to make the work faster with R&D, in EPC of chemical manufactuing plant - tool for LDTS, Pump calculations, compressor calculations, Insturmentation procurement tools and sizing, control vlave sizing, owning the technology confidentialitites, building small techs proprietary of single units like Distillation columns, FCCs, LNG is emerging in USA, tank sizing tools, design. Cold box, and exploring the R&D of LNG  plants with new ddesign of insualtion mateirals from market, new methods from AICHe websites, R&D of current plants in current design comign up with latest tech, 

3. Winning government jobs by employing Veterans and old age, and poor students from campus, building a brand where no ther company can step forward, 

4. Having infrastructure is very important in winning big plants, employees, softwares. 

5. Quote - 

Prebid - come with cost optimization, with new ways exploring, 

Optimising time - 

1. working three different sets of timing - divide the day  into 3 parts - 8 hrs each - total 3 shifts working one after anothe, so that first one finishes - second reviews - third delivers.

After delivery - comments to be implemented by first shifters, then check and review by second shifters - third delivery - so that you need not wait till 12 hrs of time like how we are seeing hte delays in LNT due to idnian offshore, if we can start with africa in middle - smartest designs, least work by manual checking - and delivery little affordanble limited few people in USA. 

2. You can still divide into 4 shifts to 6hrs of work. 

This way we can win bid for low price. 

WInnig startegy  

1. Price, 

2 Schedule

3, latest R&D  and tools

4. preowning the tech with previous projects

5. dont tie up with big companies, small companies together 3 of them to show infrastructure, and employees

6. tieing up with different fields of same project going together - advantage  - exchanging the tech with other - restirct the company to type of work - we need to know what small companies are working - 

7. inbuilt tools we need to invest in overhead projects

8. stretching into manufacturing companies like providing fire water trainings and sending the trained employees which smal companies spend on having own employees who are costly to invest on them, like in P&G they dont have deicated trained fire fighters for the plant its costly to maintian them, if we have its own employees for less cost we can outsource, it is one field to send them, and training or expeirenced employees who can troubleshoot the plant is also another field to slowly step into company and gettiign hold of projects. 

How to get work done - in smarter way

1. auto correct tools, with atuomated tools wil reduce the correction, manual errors, reduces the time of checking which man wil spend dimplomatically without mvgn the workdone

2. Technologocal advances - with old processes still dominate but changing few things like drone, cameras, internet cables - automated instruments - 

3. Reducing paper work using smarter tablets laptops, tieign up with companies for long term 

4. Getting the tools from IITs and NITs research projects from professors and students will reduce investment in overhead projects

5, Latest 360degree updtaes in project status - engineerign - procuremtn - construction - commisioing - startup  - and troubleshotign  - operations 

6. Developing smart tool for EPC companies in R&D will be a smarter move to win over other projects. 

To be contiued......

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[JessyJacob]

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