Contractor Certification Management System for Effective Project Handling

Abstract

Engineering, procurement and construction (EPC) projects play an important role in oil and Gas & energy as well as petrochemicals & construction (civil) sectors not only for sustainable production but also to meet projected future demands. Therefore successful execution of projects is very important for industry. The paper discusse the proven sources of project delays at macro level. This paper furthers this discussion by introducing a unique mechanism of contractor certification management. This mechanism will oversee the contractor's performance and project delay's contributors. A mechanism to rate the contractors based on their performance will provide another tool to monitor contractors. Contrctactor certification management system might prove very successful mechanism that would help oranizations save their significant cost by timely excution of projects. This mechanism will provide a platform for contractors to compete with others, get high rating and receive significant appreciation.