Using Text Mining to Estimate Schedule Delay Risk of 13 Offshore Oil and Gas EPC Case Studies During the Bidding Process

Using Text Mining to Estimate Schedule Delay Risk of 13 Offshore Oil and Gas EPC Case Studies During the Bidding Process

Korean offshore oil and gas (O&G) mega project contractors have recently suffered massive deficits due to the challenges and risks inherent to the offshore engineering, procurement, and construction (EPC) of megaprojects. This has resulted in frequent prolonged projects, schedule delay, and...

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Bibliographic Details
Main Authors: Byung-Yun Son, Eul-Bum Lee
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Energies
Subjects:
offshore oil and gas
EPC Project
text mining
regression analysis
schedule performance
contract analysis
lessons learned
Online Access:https://www.mdpi.com/1996-1073/12/10/1956

Internet

https://www.mdpi.com/1996-1073/12/10/1956

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