Industry Perceptions of Lump Sum Contracting is Alberta Oil and Gas Projects

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atmire.migration.oldid2685
dc.contributor.advisorSadeghpour, Farnaz
dc.contributor.advisorJergeas, George
dc.contributor.authorO'Toole, Jacqueline
dc.date.accessioned2014-10-07T19:13:41Z
dc.date.available2014-11-17T08:00:53Z
dc.date.issued2014-10-07
dc.date.submitted2014en
dc.description.abstractAlberta oil and gas mega projects are experiencing cost overruns of up to 100 percent. Large cost overruns have created an interest in shifting to lump sum contracting. The objective of this study is to investigate the possibility of using lump sum contracting to replace the cost reimbursable contracting currently used on oil and gas projects in Alberta, through identifying industry perceptions of, and the risks associated with this contract shift. Two extensive surveys were conducted with experienced industry professionals. Collected data was statistically analyzed to form a set of conclusions and recommendations. The study provides an understanding of current contracting trends in the Alberta oil and gas industry, and found that there is interest in using lump sum contracts. The perceived risks to lump sum project performance, and proposed mitigations were identified. The study also identified areas where the perceptions of Operating, Engineering, and Construction companies were not aligned and determined that industry practitioners believe that, locally, there is a lack of experience and competency around the management of lump sum projects.en_US
dc.identifier.citationO'Toole, J. (2014). Industry Perceptions of Lump Sum Contracting is Alberta Oil and Gas Projects (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca. doi:10.11575/PRISM/26509en_US
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/26509
dc.identifier.urihttp://hdl.handle.net/11023/1918
dc.language.isoeng
dc.publisher.facultyGraduate Studies
dc.publisher.institutionUniversity of Calgaryen
dc.publisher.placeCalgaryen
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
dc.subjectEngineering--Civil
dc.subject.classificationProject Managementen_US
dc.subject.classificationConstruction Managementen_US
dc.subject.classificationLump Sumen_US
dc.subject.classificationContracten_US
dc.subject.classificationOil and Gasen_US
dc.titleIndustry Perceptions of Lump Sum Contracting is Alberta Oil and Gas Projects
dc.typemaster thesis
thesis.degree.disciplineCivil Engineering
thesis.degree.grantorUniversity of Calgary
thesis.degree.nameMaster of Science (MSc)
ucalgary.item.requestcopytrue
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