The government of Megabuckland have recently hosted a trade delegation fro China. It is rumoured that a deal may be cut soon to increase the export capacity of the existing crude oil system from 150 mbd to 500 mbd by installing a new parallel pipeline, although there is no details of timing. If you were the Project Director for Strath Oil Company choose all of the options you would take from the choices below:   Question 5Select one or more: a. Abandon plans to develop an oil export route to Europe and North America and ask the project team to work on the basis that all oil will be epxorted to China. b. Add the issue to the risk register with no mitigation plans. c. Dismiss the rumours and continue the project design for a new oil export route to Europe and North America assuming that Chinese export capacity doesn't increase. d. Assess the potential impact of increased oil export capacity to China on the current design. This would include an economic evaluation for any changes in export capacity. e. Add this issue to the project risk register and develop a mitigation acton plan. The government of Megabuckland have recently hosted a trade delegation fro China. It is rumoured that a deal may be cut soon to increase the export capacity of the existing crude oil system from 150 mbd to 500 mbd by installing a new parallel pipeline, although there is no details of timing. If you were the Project Director for Strath Oil Company choose all of the options you would take from the choices below:   Question 5Select one or more: a. Abandon plans to develop an oil export route to Europe and North America and ask the project team to work on the basis that all oil will be epxorted to China. b. Add the issue to the risk register with no mitigation plans. c. Dismiss the rumours and continue the project design for a new oil export route to Europe and North America assuming that Chinese export capacity doesn't increase. d. Assess the potential impact of increased oil export capacity to China on the current design. This would include an economic evaluation for any changes in export capacity. e. Add this issue to the project risk register and develop a mitigation acton plan.

Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
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The government of Megabuckland have recently hosted a trade delegation fro China. It is rumoured that a deal may be cut soon to increase the export capacity of the existing crude oil system from 150 mbd to 500 mbd by installing a new parallel pipeline, although there is no details of timing.

If you were the Project Director for Strath Oil Company choose all of the options you would take from the choices below:

 

Question 5Select one or more:

a.

Abandon plans to develop an oil export route to Europe and North America and ask the project team to work on the basis that all oil will be epxorted to China.

b.
Add the issue to the risk register with no mitigation plans.
c.

Dismiss the rumours and continue the project design for a new oil export route to Europe and North America assuming that Chinese export capacity doesn't increase.

d.

Assess the potential impact of increased oil export capacity to China on the current design. This would include an economic evaluation for any changes in export capacity.

e.

Add this issue to the project risk register and develop a mitigation acton plan.

The government of Megabuckland have recently hosted a trade delegation fro China. It is rumoured that a deal may be cut soon to increase the export capacity of the existing crude oil system from 150 mbd to 500 mbd by installing a new parallel pipeline, although there is no details of timing.

If you were the Project Director for Strath Oil Company choose all of the options you would take from the choices below:

 

Question 5Select one or more:

a.

Abandon plans to develop an oil export route to Europe and North America and ask the project team to work on the basis that all oil will be epxorted to China.

b.
Add the issue to the risk register with no mitigation plans.
c.

Dismiss the rumours and continue the project design for a new oil export route to Europe and North America assuming that Chinese export capacity doesn't increase.

d.

Assess the potential impact of increased oil export capacity to China on the current design. This would include an economic evaluation for any changes in export capacity.

e.

Add this issue to the project risk register and develop a mitigation acton plan.

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