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Quantitative Analysis of the Delay Factors in Oil and Gas Pipeline Projects

8 pagesPublished: September 26, 2020

Abstract

Building new Oil and Gas Pipelines (OGPs) without identifying and analyzing the Influencing Risk Factors (IRFs) could cause project delay and have a significant impact on the safety of the projects at the construction and operation stages. Hence, it is essential to assess the IRFs that are applicable to the OGP projects and manage them by quantifying their impact on the projects in an accurate way. The potential IRFs were identified via an extensive literature review, and they were analyzed using the findings of a questionnaire survey and the fuzzy logic theory. This paper aims to quantify the impact of the recorded IRFs on the project’s duration and forecast the probability of the project being completed in time. The methodology of this paper includes allocating the Risk Index (RI) values of each IRF to the work activities of the projects, applying the risk distributing methods, and calculating the impact of the IRFs on the duration of each activity of the project using Monte Carlo Simulation. This paper will be useful in providing a suitable measure for the IRFs in OGPs projects, and will aid in reducing their impact on project duration and improving the certainty of the projects delivery.

Keyphrases: construction and pipeline risk, delay and, Monte Carlo simulation, Oil and gas pipeline projects, project duration

In: Tom Leathem (editor). Associated Schools of Construction Proceedings of the 56th Annual International Conference, vol 1, pages 356--363

Links:
BibTeX entry
@inproceedings{ASC2020:Quantitative_Analysis_of_Delay,
  author    = {Layth Kraidi and Raj Shah and Wilfred Matipa and Fiona Borthwick},
  title     = {Quantitative Analysis of the Delay Factors in Oil and Gas Pipeline Projects},
  booktitle = {Associated Schools of Construction Proceedings of the 56th Annual International Conference},
  editor    = {Tom Leathem},
  series    = {EPiC Series in Built Environment},
  volume    = {1},
  pages     = {356--363},
  year      = {2020},
  publisher = {EasyChair},
  bibsource = {EasyChair, https://easychair.org},
  issn      = {2632-881X},
  url       = {https://easychair.org/publications/paper/smkd},
  doi       = {10.29007/1qfh}}
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