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Assessing the Maturity and Accuracy of Front End Engineering Design

Publication No
RS331-1
Type
Research & Development Product
Publication Date
Apr 01, 2018
Pages
37
Research Team
RT-331
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DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
Abstract
Assessing the maturity and accuracy of front end engineering design (FEED) to support phase-gate approvals for large industrial projects is a critical task with significant influence on overall project success. This research summary provides an overvi
Key Findings

For the first time, front end engineering design has been defined in a consensus manner as: “A component of the FEP process performed during detailed scope (Phase 3), consisting of the engineering documents, outputs, and deliverables for the chosen scope of work.”

Projects with high maturity and high accuracy (HMHA) outperformed those with low maturity and low accuracy (LMLA) by 24 percent in terms of cost performance and by 12 percent in terms of change performance.

RT-331 tested its FEED MATRS tool on projects in progress to observe its effectiveness in helping project teams complete FEED activities. These exercises showed the value and capability of the tool, which helped participants identify critical planning issues during the FEED of their projects.

The RT-331 research, perhaps for the first time, has added a new dimension to evaluating FEED deliverables. The accuracy assessment portion of the FEED MATRS tool includes 27 accuracy factors that provide additional Phase Gate input.
Filters & Tags
Knowledge Area
Project Planning, Risk Management
Best Practice
Front End Planning
Project Phase
Feasibility, Concept, Detailed Scope
Project Function
Project Business Sponsor, Project Management, Architects & Engineering, Construction, Commissioning & Startup, Operations & Maintenance, Risk Management
Industry Group
Light Industrial, Heavy Industrial, Buildings, Infrastructure
Research Topic
Assessing the Maturity and Accuracy of Front End Engineering Design to Support Phase-gate Approvals
Keywords
Front End Engineering Design, FEED, Front End Planning, Phase Gate 3, Cost Performance, Change Performance, Maturity, Accuracy, rt331

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