Nobody downloaded yet

Subcontracting strategy for future SBM offshore projects and its implemetntation - Dissertation Example

Comments (1) Cite this document
Summary
Manufacturing and construction companies have undergone significant structural changes over the past few years such that they are outsourcing their non-core activities at an increasing rate…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Subcontracting strategy for future SBM offshore projects and its implemetntation
Read TextPreview

Extract of sample "Subcontracting strategy for future SBM offshore projects and its implemetntation"

Download file to see previous pages Subcontractors have increasingly become important players in enhancing the productivity and economic strategies of a company. However, not much empirical studies have been done on these issues. The main purpose of this study is to investigate the process of subcontracting and find options for optimizing the value chain in the oil & gas industry by reviewing and analyzing previously written literature on the chosen topic for the research. In the literature review section, the concepts of subcontracting, risk management, contracts, project management, supply chain management, value chain and transaction cost theory are discussed. A single case study was applied in this thesis. The company chosen for the case study is SBM Offshore and is located in Netherlands. To carry out the research, a qualitative research approach was implemented. Primary data was collected through semi structured interviews. In addition to this, secondary data from different sources such as articles, journals, books and company resources were used to construct or build the theoretical frame of reference for the thesis. The subcontracting philosophy should stipulate that the scope of the work to be subcontracted will be determined by risk assessment and performance of subcontracting companies. Also, contract requirements will meet regulatory compliance of safety and performance along with meeting the company’s standards. Table of Contents Acknowledgements 2 Abstract 3 List of Tables 6 List of Figures 6 CHAPTER ONE 1 1.0 Introduction 1 1.2 Background of the Study 2 1.3 Statement of the Problem 3 1.4 Purpose of the report 3 1.5 Introduction to SBM Offshore 4 1.6 Overview of Operations 4 1.7 Project Aims and Objectives 5 1.8 Project Objectives 5 CHAPTER TWO 7 2.0 Literature Review 7 2.1 Project Management 7 2.2 Subcontracting 8 2.3 Contracts 8 2.3 Risk Management 9 2.4 Theoretical and Conceptual Framework 11 2.4.1 Transaction cost analysis (TCA) 11 2.4.2 Supply chain management theory 14 2.4.3 Porter’s value chain 15 CHAPTER THREE 17 3.0 Research Methodology 17 3.1 Research Design 17 3.3 Research Strategy 18 3.4 Case study Approach 18 3.5 Population 19 3.6 Data Collection and Instrumentation 19 3.7 Data Analysis 20 3.8 Ethical Considerations 21 3.9 Limitations and De-limitations 22 CHAPTER FOUR 23 4.0 Data Presentation, Analysis and Interpretation 23 4.1 Quantitative Study 24 4.1.0 Participant Demographics 24 4.1.1 Subcontracted work 25 4.2 Case Study Analysis 26 4.3 Subcontracting Scope of Work 28 4.3.1 Structural topsides 29 4.3.2 Piping 30 4.3.3 Electrical 30 4.3.4 Instrumentation 30 4.4 Subcontracting Strategies 30 4.4.1 Lump sum or reimbursable contract 31 4.4.2 Subcontract strategy 31 4.4.3 Scope control 32 CHAPTER FIVE 35 5.0 Conclusion 35 References 36 Appendix I – Engineering deliverables by design phase 41 List of Tables Table 1: Demographics of the study participants.................... ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Subcontracting strategy for future SBM offshore projects and its Dissertation”, n.d.)
Retrieved from https://studentshare.org/management/1404063-mba-consultancy-project-final-report
(Subcontracting Strategy for Future SBM Offshore Projects and Its Dissertation)
https://studentshare.org/management/1404063-mba-consultancy-project-final-report.
“Subcontracting Strategy for Future SBM Offshore Projects and Its Dissertation”, n.d. https://studentshare.org/management/1404063-mba-consultancy-project-final-report.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
ku
kulasjarrod added comment 7 months ago
Student rated this paper as
The topic of "Subcontracting strategy for future SBM offshore projects and its implemetntation " was impossible to find. I spent hours to find it. Here at StudentShare, I got the best sample. Many thanks!

CHECK THESE SAMPLES OF Subcontracting strategy for future SBM offshore projects and its implemetntation

The Business, Its Mission and Its Strategy

...?The Business, Its Mission and Its Strategy Samasource is a social business that was founded in 2008 by Leila Chirayath Janah with a mission to reduce poverty by providing women and youth in the developing world with the skills and jobs so that they can earn a living wage. This living wage is with respect to where they operate. Samasource is registered in the United States as a 501(c) (3) nonprofit organization. The organization aims to impact at least 120,000 women, youth and their dependents throughout East Africa and South Asia by 2016. The organization has continued to experience an explosive growth, which is demonstrated by its annual revenues moving from $250,000 in...
6 Pages(1500 words)Term Paper

Offshore Drilling

...of the escalating rate at which it has been occurring, making it hard for the ecosystem to convalesce. Pollution is considered as the major cause of ozone layer depletion owing to the release of chlorofluorocarbons that rise into the troposphere causing its depletion (Fahey and Hegglin 14). Besides facilitating future emission of greenhouse gases, offshore oil facilities often generate enormous volume of these gases during the refinery process. Offshore oil exploration and production employs technology that involves the use of drilling fluids to achieve the desired depths. The fluids (drilling mud) have been illustrated to pose health concerns to life, both human and...
3 Pages(750 words)Essay

Projects

...and use this information to create products that meet this need. Strategies of Project Management From the examples of Nokia projects that failed and succeeded above, five strategies that can be used to make an international project successful have been identified. a) Customer stakeholder’s focus One of the strategies that can be identified to be a source of success is customer stakeholders’ focus. Although a company may have its own separate goals and objectives, the needs of the client should always be prioritized. For instance, Nokia failed because it focused on producing a competitive product and enter into the...
7 Pages(1750 words)Essay

Offshore Jobs

...apartments etc. when leading companies set up their operational units in these cities. But gradually it has started taking its toll with paralyzing traffic congestions, frequent power cuts, communication network breakdowns etc. But, the fact that so far the reverse trend has not started, points towards the cost advantage still being favourable to the MNCs. The availability of huge numbers of unemployed educated youth at offshore hot spots makes these locations all the more attractive. MGI studied 28 low-wage countries and figured out that about 6.4 million young professionals are available in 2003 for far less number of jobs. It has been projected through the study that supply of college...
3 Pages(750 words)Essay

Construction Projects, Establishing a Procurement Strategy

...Construction Projects, Establishing a Procurement Strategy. Introduction; The development of a dependable procurement strategy is obscured by the many cases of limited cooperation, mistrust and futile communication systems leading to conflicts between the contracting parties. Partnering refers (according to Construction Industry Institute, cited in the Egan report "Encouraging Partnership in the Development Process") to the long term commitment between two or more organisations for the purposes of achieving specific business objectives by maximizing the effectiveness of each participant's resources. Partnering is only fitting if the management share the basic belief that the parties...
16 Pages(4000 words)Essay

Offshore Corporation/Tax Haven

.... banks have to follow. Which, of course, would destroy the whole point of going offshore and all of the advantages in doing so… The offshore world is surrounded by its own mystique and language, and for some, this aura can be disconcerting. Its worth remembering, however, that the real differences between an offshore jurisdiction and one considered to be "onshore" are few. Any entrepreneur who has at least a Offshore Corporation/Tax Haven 9 reasonable grasp of his or her domestic business practices is ready to begin navigating the world of international financial centers--provided theyre based within the jurisdiciction of...
60 Pages(15000 words)Dissertation

Offshore Wind

...Is Offshore Wind Veering to Growth? The article Is Offshore Wind Veering to Growth? mainly relates to the environmental concerns being witnessed all over the world due to greenhouse emission. As such, Wright analyses the use of offshore winds as one of the low carbon energy source alternatives being considered by many countries today such as the UK, Germany, Belgium, and Denmark. The reason for this move is that it is abundant, is capable of yielding a lot of energy, and the fact that it has the potential of being developed on a large scale. The article reveals that Germany is one of the countries that have set a target of tapping 25GW of offshore wind, as part of...
2 Pages(500 words)Essay

Failed States and Effective Division of Labor Strategy in the Future Post-Conflict Reconstruction Projects

...the majority remains poor. This has also been witnessed in Democratic Republic of Congo and Sudan. In Niger, a country also rated as a failing state, the government cannot provide vital services such as healthcare and education leading to a high illiteracy rate and high infant mortality rates. Zimbabwe has experienced a high rate of brain drain and it is estimated that one out five Zimbabweans has left the country in such of greener pastures. Failed states have also experienced a high rate of human rights deprivation as is the case with Sudan where brutality has been employed to subdue rebelling regions. This has led the president to be indicted for war crimes (Foreign Policy, 2010). 2. Effective Division of Labor...
2 Pages(500 words)Assignment

Offshoring (Offshore Outsourcing)

...outweigh the costs, the next step should be taken. The next step is developing a project management team which would be responsible for the offshoring process. This includes the planning process, setting the timetable and hiring the necessary personnel for the job (Neelankavil and Rai, 2009). According to Ilan (2011) successful offshoring is dependent on finding the right model for opening up business operations in a different country. The most likely destination for offshoring activities today is China which offers a variety of incentives to businesses around the world including cheap labor and good infrastructure. References Ilan, O. (2011) Offshoring...
1 Pages(250 words)Essay

Offshore outsourcing

...Amiti & Wei( 2005) showed in their study that the U.S market alone gained a net value of around ten percent improvement in markets between the spans of eight years spanning between 1992 to 2000. This came about in the form of improved labor costs and other reductions in the various costs that are incurred otherwise (Amiti & Wei 2005). In order to assess the productive viewpoint benefits of offshoring, the facts and stats collected by Bureau of Labor Statistics are highly important in this regard. They take into account various aspects providing for a holistic understanding of the situation at hand and its potential positive impacts upon productivity (Amiti & Wei 2005). While the focus of study and...
4 Pages(1000 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Dissertation on topic Subcontracting strategy for future SBM offshore projects and its implemetntation for FREE!

Contact Us