TNAG-2412-FCO40-3507-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-pres-1992 — Page 58

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

Points to make

This

system

is

new and much more

*

*

thorough than what has been used before for Government projects.

The

MTRC and PAA

have agreed in principle that they will co-operate with this cost sontrol scheme.

In

a $112 billion (1991) group of projects, changes are inevitable. But we are confident that we can offset most increases by savings, and real overall increases will be kept within our overall ACP contingency of $2.5 billion.

Our new system has been put together with the advice of our Project Management Consultants, International Bechtel Corp., who have worldwide experience in project control. Computer systems have been set up to help with the project reporting and information requirements.

(ACPNOTE)

Project control: p.2 of 2

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