FEED (Front End Engineering Design)
For risk minimization with maximum possible cost transparency and for taking the right course of action for shortest possible realization phases (EPCM) with sustainable success
In correlation with technological advancement, many projects reach high level of complexity and capital investments.
The nightmares in all megaprojects are delays with ever increasing budget overrun. The risk of costs and deadline overruns increases due to occurrences are unforeseen disturbances and also due to changes in scope of the project. In order to ensure that the challenges during the realization phase do not lead to unwanted deviations in planned project execution, a FEED as thorough as possible is advisable or rather indispensable. The anticipated plant cost can be determined with relatively high accuracy on the basis of precise material take-offs and accompanying better risk assessment.
Experience from the industry shows that the advantages of a stringent intensive Front End Engineering Design (FEED) reflect in key project parameters as
This applies also for strategic projects.
In addition to Engineering Scope Basic Design, for FEED we recommend following documents:
Mechanical datasheets of major equipment from BDP with focus on specifications of codes and standards pertaining to the location of plant
Preparation of ready to order specifications including related reliable pre-negotiated offers for the “Long-Lead-Items” (equipment, package units and sub-contractors)
Preparation and completion of process and utilities P&IDs that are approved for detail design
Preparation of detailed layouts including definition of hazard zones approved for detail design
Detailed planning of main piperacks as well as layouts for civil engineering and EI&A approved for detail design
In general all investigations and studies that are required before ordering main equipment and machines
Cost estimation based on realistic material take-offs (MTO´s) with an accuracy of ±10%
Realistic time schedule based on activity durations that are verifiable and close to reality with consideration of interconnections within activities (so-called critical path as the most important factor)
GMP requirements will of course be taken into consideration for pharmaceutical plants