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Scholars Journal of Economics, Business and Management | Volume-2 | Issue-08
Critical Chain Project Management Approach to 220 MW Turbo-Generator Overhauling – An Analysis
C. Madhusudan
Published: Aug. 30, 2015 | 98 104
DOI: 10.36347/sjebm.2015.v02i08.0012
Pages: 866-874
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Abstract
The overhauling of Power Plant Turbine Generators is a critical, time bound activity. Each day of delay in completion of the overhauling work causes huge losses in terms of lost power generation. Any improvement in the overhauling time has thus the potential to generate more power and earn money to the organization. Basic principles of Critical Chain Project Management are applied to analyse four overhauling of 220 MW Turbine Generator sets in two nuclear power plants in India whose overhauling schedule had always overshot the stipulated 30 day time schedule. The analysis revealed that with the resources deployed, it was impossible to complete the overhauling in the stipulated time schedule. It was also found that the resource allocation is not optimum and needs to be altered to give better results. It is further shown that a potential minimum of 10% saving on the overhauling schedule can be achieved by the application of the Critical Chain Project Management philosophy.