Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
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Life Cycle of the Development<br />
1. Pre-Concept<br />
2. Concept<br />
3. Initial Business Case Plan - FEL 1*<br />
4. Development of Alternatives - FEL 2*<br />
5. Front End Engineering and Design of Alternative/s - FEED or FEL 3*<br />
6. Transition Phase - Bridge Between Planning and Execution/Construction<br />
7. Execute/Construct Phase – Understanding/Managing the Execution Phase<br />
8. Acceptance Phase - Obtaining a complete and effective project acceptance<br />
9. Operations Phase - Delivering the Performance/ Upgrades & Expansions<br />
10. Salvage / Disposal Phase - Planning and Implementing<br />
* FEL I, II. III are IPA (Independent <strong>Project</strong> Analysis) process names