CAPITAL PROJECT EXECUTION AND ANALYSIS


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CAPITAL PROJECT EXECUTION AND ANALYSIS
CAPITAL PROJECT EXECUTION AND ANALYSISFront-end loading (FEL) and value-improving practices (VIPs) are closely integrated project management practices that are performed primarily during the early stages of a project's life cycle. They have been proved statistically by Independent Project Analysis, Inc. (IPA) to be the most effective means for improving project profitability. FEL and VIPs have very different characteristics, which are presented in the following sections. Properly performed together, they both contribute to maximizing project performance by ensuring that matters which influence project profitability are considered in the most productive manner and at the optimal time.
Citation
Dr. Don W. Green; Dr. Marylee Z. Southard: Perry's Chemical Engineers' Handbook, 9th Edition. CAPITAL PROJECT EXECUTION AND ANALYSIS, Chapter (McGraw-Hill Professional, 2019), AccessEngineering Export