This project aims to provide fire safety for an API 650 petroleum tank. It will establish a fire protection system through installing pipes, fire extinguishers, a water supply, pump, and motor. The budget is estimated at €2,50,000 and will require approvals from regulatory bodies. Resources include a project manager, engineers, contractors, and laborers. Risks like delays, procurement issues, and natural disasters will be mitigated through quality inspections, training, and backup systems.

1. ABC Oilfield Firefighting
project
M. B. A. PROJECT MANAGEMENT
STUDENT (S) NAME & NUMBER
CHETAN PADME (10393059)
KAUSHAL SHETTY (10514571)
VIBHIN RANE (10511429)
NIRAV VICHARE (10511429)

2. GOAL
 To provide the necessary fire safe
working environment for API 650
Petroleum Tank
PURPOSE
 To be operational.
 To provide a fire safe working
environment.
 To minimize the loses in case of
fire.
APPROVAL &
BUDGET
 OSHA, API, NFPA, Statutory
Government approval are needed
 Estimated budget- €2,50,000.

3. PROJECT
DELIVERABLES
& SCHEDULE

5. RESOURCE MANAGEMENT
 Procurement: Pipes, Fire Extinguishers, Water Supply, Pump,
Motor.
 Human Resources: Project Manager, Civil Engineer, Chemical
Engineer, Mechanical Engineer, Computer Engineer, Electrical
Engineer, Contractors, Labourers, Stakeholders.
 Tools and Equipment
 Space and Monitoring Facility.

6. PROJECT RISKS
There are various types of risks involved in this project may be small or big
namely as follows:
 Employment working hours
 Estimated project duration
 Procurement
 Project team size
 Cyber crime
 Project scope creep
 Unclear project deliverables
 Vendor project deliverables
 Unrealistic cost estimates
 Team members who are not knowledgeable of business
 Natural calamities
 Loss of assets

7. Risk Mitigation
 Risk can be mitigated by various ways
 Inspection of the Material Quality.
 Selecting healthy and knowledgeable team members.
 Installation of high cyber security system
 Cost estimates can be managed by Frequent progress meetings,
 Bypass pipeline for Fuel in case of fire or explosions.

8. PROCESS
MANAGEMENT
V Model

9. QUALITY MANAGEMENT SYSTEM
 Project manager has to keep in touch with project group all time and PM
has to keep touch with client and keep updated regarding the issues
occurred during project to the client..
 Scheduling and planning has to share with client in monthly meeting.
 Group should be engage in routinely for day to day basis for
communication. Commitment should be done by emailing on daily basis
of report to authorities involved regarding the status of the project
 Project team must understand the main root cause of problem and
investigate to ensure required resolution.

10. QUALITY MANAGEMENT SYSTEM
 Project team must have some preventive action plans for further quality
issue.
 Quarterly training sessions are to be provided to keep the employees
upto date with the new practices as well as technology.
 Get client 2 -3 times while the project going on and discussed what are
the issues looked by the PM team and take proper action to set it.
RESULTING CRITERIA
 Ensure fire safety for the petroleum tank
 To control Fire in case of any fire-blaze or blast.
 Maintain safety of surrounding in the plant.

11. REVIEW OF PROJECT MANAGEMENT
LITERATURE

12. AGILE PROJECT MANAGEMENT
CONCERNS-CHETAN

13. GENERIC CHALLENGES FACING
TODAY’S PROJECT MANAGER-VIBHIN
 Poorly defined goals
 Poor communication
 Internal disputes between employees
 Lack of expertise
 Not using project management tool (software)

14. MEASURING PROGRESS AND PERFORMANCE
ACROSS THE PROJECT LIFE CYCLE- KAUSHAL
 Progress of any project across its life cycle can be gauged by certain
techniques
 Project Audit and Project Evaluation.
 Project milestone Analysis.
 Project Performance Monitoring.
 Measurement of Key Performance Index.

15. ETHICAL DILEMMA- NIRAV
 An ethical dilemma is a decision making problem between two possible
moral imperatives.
 Types of ethical dilemmas:
 The correct project report
 Project the interest of all stakeholders
 Remaining Objective
 Get leaders to act for the project’s benefit
 Get the right level of authority
 Accepting and assigning responsibility
 Use the right process
 Help other project managers

16. ANY
QUESTIONS?