IPS Approach - Project Life Cycle

The definition and understanding of the Project Life Cycle is at the core of the IPS Approach.

Below are its basic elements:


Operational Steps within a project

Definition of the project
Preparation of the pre-contracts with the suppliers
Negotiation of the contractual terms and signing the pre-contract => Contract
Production, Manufacturing by the supplier and delivery
Erection, modification and commissioning on site

Within a project the following units deliver Support

Quality
Safety co-ordination and Safety department
Standards, norms, regulations, laws, etc.
Environmental aspects
Process planning and operational planning
User of the equipment

The Directive Level of the project can be subdivided into

Master planning
Engineering for industrial need
Updating of existing databases
Time scheduling in a global view
Time scheduling in detail for engineering and manufacturing (in-source, out-source)
Time scheduling in detail for erection and adoption on the Owner's site

The Directive tasks of the project management are

Budget Tracking
Project Tracking
Project Steering

Project Life Cycle:

Read more about how we apply the steps of the Project Life Cycle on page Methods & Tools.