Research On The Contract Management In Qingdao Petrochemical Maintenance And Installation Engineering Co.,LTD

Qingdao Petrochemical Maintenance and Installation Engineering Co.,Ltd has been certified Class II general contractor qualifications in petrochemical engineering construction.Besides,it has been certified Class I enterprise generic qualifications in petrochemical equipment installation,pressure vessels manufacturing,anticorrosion and thermal insulation,intelligent building,pipe laying installation and maintenance of home-made equipment.In recent years,the company has successively served Sinopec Qingdao Refinery,Sinopec Qingdao Petrochemical,CNOOC test base,Shenhua Baotou Coalchemical,Sinopec Hainan Refinery,CSPC,and Sinochem Anbang,responsible for the mechanical & electrical installation,operation maintenance and troubleshooting of production devices.With the constant development of the company size and the diversification of the type and contracting mode of various engineering projects,Qingdao Petrochemical Maintenance and Installation Engineering Co.,Ltd,which is staffed by only about 600 employees,are faced with numerous challenges.Apart from reasonable planning and standardized operation,the company should give top priority to proper contract management of various projects,so as to bring into full play the core function of contract management.In view of this,the paper based the research object on Qingdao Petrochemical Maintenance and Installation Engineering Co.,Ltd and focused on contract management of the company.The paper was structured in the following way: Following relevant concepts and theories,the paper made in-depth analysis of the contract management status quo of the company and summarized existing problems in contract management,major causes and consequences.The paper ended up with optimization measures for contract management of the company,including the establishment of high-quality management team,improvement in standardized management systems,comprehensive and reasonable assessment of contract,conscientious contract supervision and execution and other effective measures,in an effort to reinforce the contract management in Qingdao Petrochemical Maintenance and Installation Engineering Co.,Ltd.