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Figure 2 – IPMA and Contract
       Models scheme
                            The IPMA consists of a very simple and basic con-  This operating model is very effective and fast. Mo-
                            tract and a number of attachments that cover all   reover can be used by different project departments
                            possible cases. A workflow scheme is represented   involved in separate phases and at different times:
                            in Figure 2.                              usually the FEL1 and FEL2 steps are managed by
                            A call-off mechanism and assignment is set out in   the Technical Development department of OMV
                            the IPMA: if OMV Petrom desires to have Amec   Petrom, while FEL3, EXECUTE and Supply & Wor-
                            Foster Wheeler to perform services, OMV Petrom   ks contracts are assigned to the OMV Petrom
                            issues a Request for Proposal (RFP) to Amec Fo-  Project Management team. Therefore, the split into
                            ster Wheeler in accordance with the procedure   three contract models as highlighted in Figure 2 is
                            included in the attachments and using a specific   self-explanatory and its successful application over
                            template. By submitting its proposal, Amec Foster   the last two years has proved the need to establish
                            Wheeler includes an Assigned Service Contract   such frame agreement.
                            (ASC) prepared in accordance with agreed proce-
                            dures and conditions and when it is approved by
                            OMV Petrom, the ASC is concluded.
                                                                      The newly implemented  operating model
                                                                        ‘Integrated Project Management and
                                                                     EPCm Services Alliance Agreement (IPMA)
                                                                     contract’,  based on a call-off mechanism,
                                                                            was very effective and fast




                                                                      As a matter of fact, the effectiveness of the IPMA is
                                                                      considerable if compared to the number of projects
                                                                      awarded since it came into force in 2015 and the
                                                                      early involvement in the first phases of the projects
                                                                      is leading to a continuous and successful progres-
                                                                      sion into the subsequent phases.
                                                                      It is worth saying that at the end of each phase,
                                                                      OMV Petrom performs Independent Gate Review
                                                                      sessions to provide confidence for the Project Ow-
                                                                      ner and stakeholders that the project requirements
                                                                      are being met. They also authorize the funding of
                                                                      the next phase. For the most important projects an
                                                                      Independent Project Analysis (IPA) is also required
                                                                      for the evaluation of the phases and whose review
                                                                      and ranking in relation to industrial benchmarking
                                                                      supports and reinforces the OMV Petrom Super-



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