Effectiveness of an EPC Contractor to achieve sustained success

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Table of Contents

List of Figures. 5

Acknowledgements. 6

Executive Summary. 7

Key to Abbreviations. 9

Chapter 1:  Introduction. 10

Justification and purpose. 11

Theoretical Framework. 12

Scope. 14

Methods. 14

Findings. 15

Value, Originality and Practical Implications. 17

Chapter 2: Literature Review.. 19

Introduction. 19

The Engineering, Procurement and Construction industry (EPC Industry) 19

Processes in an Engineering, Procurement and Construction (EPC) Organization. 20

Effective Implementation of the Processes in Engineering, Procurement and Construction (EPC) Organization. 22

Objectives of Process Improvement in Engineering, Procurement and Construction (EPC) Organization  23

Key Performance Indicators in the implementation of the engineering, procurement and construction contract 23

Advantages and Disadvantages of an Engineering, Procurement and Construction (EPC) Contract 24

The Organization Project Management Model for improving an Engineering, Procurement and Construction Industry. 25

Disadvantages of OPM3. 28

Engineering, Procurement and Construction (EPC) Industry and a Global Outlook. 29

Engineering, Procurement and Construction (EPC) Industry and Saudi Arabia. 30

The Saudi Arabian Economy. 30

The Saudi Arabian Engineering, Procurement and Construction Sector 31

Conceptual Framework. 33

Conclusion. 34

Chapter 3: Data and Methods. 35

Research Philosophy and Approach. 35

Research Design. 35

Sampling Technique. 35

Research Methods. 36

Internal Audit Participation. 36

Interviews. 36

Focus Group Discussion. 37

Focus Group Discussion. 38

Pilot Study Results. 38

Reliability, Validity and Generalizability. 38

Reliability. 38

Data Analysis. 39

Ethical Considerations. 39

Chapter 4: Analysis and Results. 41

Coding. 41

Department Belonging. 42

Role that the department plays. 42

Role Played in the Department 43

Importance of Departments. 43

The need for improvement in the work process. 44

Process improvement that are needed to be made. 44

Departmental Key Performance Indicators. 45

The importance and need of the implementation of OPM3 in the organization. 45

Main Processes of the organization. 47

Future Planning of the Organization. 47

Achievement of the Plans. 47

Thoughts about OPM3. 47

Possibility of OPM3 implementation in the organization. 48

Key Performance Indicators. 48

The importance of OPM3. 49

Implementation of OPM3. 50

Chapter 5: Discussions and Conclusions. 53

Summary of findings and discussion of results. 53

Key Performance Indicators. 53

The importance of OPM3. 54

Benefits of Implementation THROUGH OPM3. 55

Implementation of OPM3. 55

Theoretical Reflections. 56

Managerial Implications. 57

Future research directions and limitations. 57

Limitations. 57

Future research directions. 58

Reflections. 58

References. 60

Appendix A: MBA Research Proposal 64

Appendix B: Interview Guide. 65

Appendix C: Questions for focus group Discussions. 67

Appendix D: Summary of Interview Transcripts. 68

Appendix e: Summary of Focus Group Discussions’ Transcripts. 72

Executive Summary

Effectiveness of an EPC Contractor to achieve sustained success  This paper discusses and provides alternative ways to improve current processes and KPIs of a Japanese EPC-Contractor currently located in KSA, and apply a maturity model (OPM3) to assess, monitor and increase its business performance and productivity for sustained success. This research will add a treasured contribution to this budding body of research by uncovering these gaps.

Effectiveness of an EPC Contractor to achieve sustained success. The review of literature pertinent to this research has opened up many horizons of empirical research that are likely to cater to the..