Rare Earths Refinery Project

BPM Projects was engaged by our Client to perform a Cold Eyes Review of the EPCM execution for the project, in particular to check the veracity of the current capital cost estimate for the project and to minimize risk around the project’s delivery.

Our role

The review methodology included meetings with project personnel and detailed review of existing project documentation, reports and plans.

BPM provided an evaluation to enable our Client to determine the optimal project execution model.

Key aspects of the Cold Eyes Review included the following key areas:​

• Engineering Deliverables & Effort​
• Organisational Efficiency​
• Schedule Efficiency​
• Capital Cost Efficiency.​

Key findings and recommendations identified risks and opportunities related to:​

• Execution Methodology & EPCM Contracting Strategy​
• EPCM Efficiency & Performance​
• Design Maturity.

Key Features & Outcomes​

BPM provided a series of key findings and recommendations via a detailed report which focused on actionable tasks under the key areas of EPCM Resources, EPCM performance, schedule and risks management. ​