Front-End Engineering and Design Leads to Success
Success Is Dependent on Proper Planning
FEED plays a critical role in the success of projects. More than a cost estimate, FEED comprises a project scope, budget, total cost of ownership, implementation timeline, and risk assessment. All of these factors combine to help reduce risk and uncertainty during the detailed engineering and commissioning phases. This reduced risk can help create value throughout the production lifecycle.
Through a FEED, you can realize:
- Lower lifecycle costs
- Reduced project technical, schedule, and cost risks
- Faster time to achieve plant startup and turnover
- Reduced EHS and compliance risks
- Improved risk identification and mitigation
FEED helps identify risks and establish a well-defined scope, budget, and schedule. A FEED study helps to lead to greater success during implementation, start-up, and beyond to minimize your overall project risk.