New Nuclear Power (NNP) projects, including small modular reactor (SMR)/Advanced Reactor (AR) projects will have a long lifecycle with multiple steps prior to authorization and construction. The construction of a nuclear power plant, whether First of a Kind (FOAK) or Nth of a Kind (NOAK) is subject to relatively long project schedules and uncertainty, and FOAK construction has additional elements that add to the overall risk. The key to long term economic competitiveness with respect to the deployment of nuclear power plants is making both the design and project execution highly standardized reducing both the project schedule and risk. NEI 20-08, “Strategic Project Management Lessons Learned & Best Practices for New Nuclear Power Construction,” identifies 14 areas of construction best practices, with a total of 59 key construction best practices, that have been critical in the successful execution of large complex projects. Implementation guides (IG) are developed to explain how these best practices can be incorporated into actual new nuclear projects. This IG-02 discusses how to develop contract strategy and collaborative approaches to project delivery and execution together with an aggressive risk management plan to support project success. This approach aligns the objectives of project stakeholders while actively managing risk thereby increasing confidence in the ability to deliver the project to cost and schedule.
The Executive Summary is publicly available. The complete Implementation Guide is available only to NEI members, here.
The Executive Summary is publicly available. The complete Implementation Guide is available only to NEI members, here.