The front end of a project will, by definition, only deliver a certain level of detail, nevertheless it is vital during this pre-sanction phase that all significant costs and risks are identified. Project delivery teams too often focus on the core process and do not consider peripheral costs such as utility upgrades, underground services, specialist subcontracts and operational constraints when compiling sanction estimates. An effective FEED has been shown to improve the project performance in terms of both cost and schedule, which reinforces the importance of early scope definition and its impact on project success.
We will present its developed methodology which combines its years of experience and expertise with standard sector methodologies to test FEED packages to establish whether the level of definition necessary to support a sanction grade estimate is in place, whilst also highlighting to the project team any areas that could possibly impact project risk owing to poor definition.
Friday, 4 November, 2016 12:00 PM - 1:30 PM
Middlesbrough Football ClubMiddlesbroughCleveland TS3 6RS0844 499 6789