Abstract

This paper addresses a risk assessment of delay for installation of Continuous Emission Monitoring System and Waste Heat Recovery Unit as an effort to fulfil compliance with the Regulation of the State Minister of the Environment Number 13 of 2009 concerning Quality Standards for Emissions from Immovable Sources for Oil and Gas Businesses and Activities. The installation of the unit consists of three steps, pre-shutdown, window shutdown and post shutdown. In accordance with Gas Sale Agreement, that the entire period of normal maintenance work that causes gas to not flow, should not be more than 15 (fifteen) days every year. The planning and implementation of maintenance is very important by utilizing the condition of the window shutdown to avoid material and non-material losses. Reviewing the vulnerability of this project, it is necessary to conduct research that assesses the level of risk of project delays using the ISO 31000:2018 risk management concept approach, through identification of risk variables from several literature studies, risk analysis through Group Discussion Forums, and risk management efforts to reduce risk of delays in the installation project. From the risk identification, 30 risk variables that affect project delays consist of 2 High categories, 3 Medium to High categories, 15 Medium categories, 6 Low to Medium categories and 4 Low categories. The Risk Treatment carried out in the high and Medium to high categories resulted in 9 mandatory RCOs to reduce delays and 1 RCO to speed up the implementation schedule from 19 days to 13 days and earn a profit of $615,000 because the process of selling gas to consumers can be accelerated by 2 days.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call