Abstract:

The assessment of the project is one of the important parts in the management of the petroleum exploration & exploitation construction project. It is also an important one in improving the scientific decision-making of the project. The paper first analyzed the theories and methods of the assessment of the petroleum exploration & exploitation construction project. Then it further dealt with the basis of the assessment of the project from the four sections as the pre-assessment of the project, ongoing assessment of the project, post-assessment of the project and the assessment of the technological renovation project, on which a new project assessment system was established. In contrast to the traditional one, as pointed out in the paper, the new system was added with the ongoing-assessment of the project. Furthermore, the new assessment system is also applicable to other big and medium-sized construction project.

Key words: petroleum, exploration &, exploitation, construction project, assessment, system