A Project Approach To Optimize Time and Cost - Petroleumclub.ro

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The <strong>Project</strong> LifecyclePhase 1APPRAISEPhase 2SELECTPhase 3DEFINEPhase 4EXECUTEPhase 5OPERATEIntegrate thediversegroups ofideas <strong>and</strong>possibilitiesto evaluatethe projectCONSULTINGCONCEPTSelect thepreferredprojectoption(s)Establish aPlantWebfoundationFEED PHASEFinalizeprojectscope, cost,& schedule<strong>and</strong> awardcontracts.MAC SCOPEManageproject withword classexcellenceOperatortrainingAssetOptimizationAdvancedcontrolimplementationThe MAC is critically important in 2 project phases1. Front End Engineering Design2. <strong>Project</strong> Execution
What is FEED ?FEED covers the basic & conceptual engineeringdone for the project prior to commencing the detailedproject execution.Objective:• <strong>To</strong> provide the detail engineering disciplines with welldefinedengineering packages in order to minimizechanges <strong>and</strong> rework during project execution.FEED offers the greatest opportunity for projectdefinition, pre-planning <strong>and</strong> optimization, to lowerlifecycle cost <strong>and</strong> influence successful completion.Slide 13
Page 1 and 2: Emerson’sProject
Page 3 and 4: Agenda1. The case for the Main Auto
Page 5 and 6: LSTK Model often leads to scope “
Page 7 and 8: Findings of the CII Study“Using a
Page 9 and 10: Motivation for MAC• Highly applic
Page 11: Agenda2. The MAC role in the <stron
Page 15 and 16: Emerson’s approach to FEED• FEE
Page 17 and 18: Project Execution
Page 19 and 20: Project Execution
Page 21 and 22: Agenda3. MAC - Contracting OptionsS
Page 23 and 24: MAC Directly Contracted by OwnerEPC
Page 25 and 26: MAC Scope and Cont
Page 27 and 28: Agenda4. MAC model conclusionsSlide
Page 29 and 30: Emerson focus on Life Cycle <strong
Page 31 and 32: MAC Model Conclusions• Adoption o

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