Critical success factors of liquified natural gas projects
Date
2023-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Federal University of Technology, Owerri
Abstract
While success has eluded most LNG projects planned in countries like Bolivia, Venezuela, Iran, Canada, Alaska, Indonesia, Russia, and Australia, a commendable success has been recorded in the construction of Nigeria LNG Train Six project in Bonny Island. The objective of this project work is to find out the various success factors that have made the Train 6 project successful and how these can be of advantage for several other LNG projects planned in several locations in Nigeria would also succeed. By this review conclusions would be drawn and recommendations made for references in future work in the chosen locations. The basic research questionnaires of 5- point scale response were analyzed using tables. Two Hypotheses were formulated in the study and were tested using correlation analysis techniques. The two null hypotheses were not true and therefore not acceptable; There were significant project management system that existed that led to the significant success of the T6 NLNG project. Also, significant management of the risk factors, led to the commendable success of the project. Finally, the study concludes that the effective Project management of T6 NLNG project produced the recorded success and any other projects planned; Train 7 project, Olokolo and Brass LNG projects would require a higher level of Project management of both risks and resources to achieve the desired high project performance. Thesis will in turn ensure timely delivery of the projects at the approved budget cost.
Description
This thesis is for the award of Master of Business Administration (MBA) in Project Management Technology
Keywords
Evaluation, success factors, construction projects, NLNG train 6, project, project performance., Department of Project Management
Citation
Mbata, N. (2023). Critical success factors of liquified natural gas projects (Unpublished Master's Thesis). Federal University of Technology, Owerri, Nigeria