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PEP

 

According to Independent Project Analysis (IPA) Project Execution Planning (PEP) is the process of defining the approach that will be followed in executing a capital project.  The Project Execution Plan is the master document that contains all of the necessary information in this regard.   The PEP answers basic questions such as:

  • Who will participate, when will they participate and what roles will they have?
  • How will the project be contracted, sequenced, managed and controlled?
  • When will stage transitions and specific activities take place?
  • What monitoring, control and governance criteria need to be applied?
  • Are there any extraordinary initiatives that may be required which need to be planned and budgeted for?

This practical guide covers the preparation of a typical PEP.  The guide is accompanied by several templates and supporting guides that assist in preparing a PEP from scratch.

Here’s what is covered:

  1. Background, overview and project scope
  2. Framing the project
  3. Planning implementation
  4. Monitor and controlling the plans
  5. Supporting plans
  6. Support services
  7. Governance
  8. The PEP Development Cycle through front-end loading (FEL)

These resources are now available to all toolkit members from the OTC Toolkits Membership site.  (A valid subscription is required).

See you inside the Toolkits.

– The OTC Toolkits Team