An important step in any project is managing the boundaries that define its scope, as the decisions made during this phase will establish the project direction and the majority of the project costs.
“… by the time 5% of a project is complete, approximately 70% of its lifecycle costs have been set.”
ECO-Technica uses knowledge and experience (both in engineering design and field execution) to help define a project with the lowest lifecycle costs, by balancing capital resources and long-term operating costs.
Conceptual:
Conceptual Engineering will help you see the opportunity. We perform the necessary engineering, cost estimating, and analysis to properly assess the potential of a project.
- Feasibility Studies
- Risk Assessment (HAZOP)
- Economic Modeling
- Conceptual Design
- Due Diligence Review
- Preliminary Process Flow Diagrams
- Heat and Material Balances
Front End Engineering and Design:
Front-End Engineering and Design defines project details to minimize uncertainty during execution. Risk assessments during this phase identify technical, cost and schedule risks that should be mitigated or managed.
- Bid Preparation and Qualification Review
- Scope of Work Documentation
- Project Estimating
- Initial Planning and Scheduling