FEL Process Front End Loading (FEL) is staged-gate process where we develop a definition of scope and cost of a capital project to meet your business objectives. The final products of this process are typically a design basis package that is used to support the production of detailed design documents and an accurate cost estimate to gain project authorization. •• Cost estimate accuracy, cumulative engineering hours spent, and the contingency assigned to the cost estimate are important aspects of each phase of FEL. •• The engineering cost and percentages vary widely between large and small projects. •• This is certainly also true for those projects where new or emerging technology is being applied than previously commercially demonstrated. Projects such as these may require additional engineering to achieve the desired estimate accuracy and project contingency desired.
Project Authorization
FEL 1
FEL 2
FEL 3
FEL 4
Start-Up
Conceptual Design
Preliminary Design
Detail Design
Expense
Pre-Spend Capital
Basi c or Definition Design
Closeout Qualification Validation
+/- 40 - 50% (order of magnitude)
+/- 30%
Pre-Spend Capital Budget & Contingency +/- 10%
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BSI Engineering
Procurem ent Construction Capital & Expense
Capital & Expense
Budget & Contingency
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513-201-3100
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