The baseline schedule will typically have requirements to meet the Level 1 and Level 2 contractual requirements. This schedule is often referred to as a project schedule and oftentimes will go through a baseline approval process as it will become the foundation for which the project will be measured. Level 3 schedules contain all project scope and are derived from key project execution stakeholder information (equipment suppliers, contractors, construction experts, etc.).
Generally, this is the first level of scheduled detail where logical links or task relationships may be shown. This often includes a breakout of the various disciplines responsible for the activities in each phase, the critical engineering and procurement activities, the major elements of construction by work area, and general commissioning and start-up requirements. Level 2 schedules contain more detailed activities for each of the summary phases previously identified in the Level 1 schedule. This schedule also often includes key contractual milestones and requirements as it is included in the EPC contract. It is easy to digest and serves as a quick way to view and assess critical milestones.
Management/Milestone Level Schedule (Level 1)Ī level 1 schedule is typically a one-page bar-chart and milestone list that outlines, in broad form, the project’s objectives, significant milestones, and phase relationships.
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It also should contain enough logic such that a schedule software (such as Primavera) can run a PERT analysis to appropriately calculate project float along with other various standard schedule metrics that can provide a guideline to evaluate how aggressive the project schedule is. This level of detail typically breaks out enough scope to identify and evaluate the risks that exist between logically tied schedule tasks. At the point of project finance, a Level 2 schedule should be available, but a Level 3 is preferred as it represents a better project definition. Project Schedule RiskĪssessing the risk in a project schedule is driven by the amount of detail available when developing the schedule along with the participation of all the stakeholders. Project schedule levels are part of the art and science of developing the project plan. It does not store any personal data.Understanding the EPC Contract: Project Schedule Levels The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary".
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