Our Project Management philosophy knows three phase of project life cycle, Pre-investment, Investment and Operation phase.

Pre-investment phase

The Pre-feasibility study is the most frequently used method for evaluating the effectiveness of a new project in industrial process plant field. The procedure is to carry out analysis of several factors (one of them cost/benefit) for possible technologies that can be used for the project development. If benefits outweigh costs and there are other conditions such as financial resources, governmental authorization and etc. then the decision will be made to design and implement the project. An entrepreneur must accurately weigh the pre-feasibility study before taking an action.

Once taken the decision to proceed, you need to do the feasibility study.

The feasibility study is carried out to complete pre-feasibility study with other analysis and data.

The assessment is based on an outline design of system requirements in terms of processes technology, Input, Output, Fields, Procedures, Suppliers etc.. This can be quantified in terms of volumes, weights, flows, of raw materials, products, by products, chemicals, utility, etc. in order to estimate whether the project will perform adequately or not.

Failure to include these considerations in the feasibility study may, in many instances, alter the entire economic situation so drastically as to make the venture unprofitable. It also is to determine which suppliers, in terms of technology and competitiveness, have the capability to handle the completion of the project.

Before the Investment phase starts, company management normally becomes involved to decide if significant capital funds will be committed to the project. It is at this point that the Feasibility study along with the written reports  become particularly important because they will provide the primary basis on which management will decide if funds should be provided for the project.

Therefore, a feasibility study that was performed in a workmanlike manner is a key document for both investors and project planning. It's the document that guides you to the realization of your idea.

Investment phase

The development of  Basic design, based on feasibility study, involves many different considerations. Failure to include these considerations in the Basic Engineering may, in many instances, alter the entire economic situation so drastically as to make the venture unprofitable. Some of the factors involved in the development of a Basic design include plant location, plant layout, materials of construction, structural design, utilities, buildings, storage, materials handling, safety, waste disposal, federal, state, and local laws or codes, and patents.

The development of Detailed Engineering, proceeds in a logical, organized sequence requiring more and more time, effort, and expenditure as one step leads into the next. It is extremely important, therefore, to stop and analyze the situation carefully before proceeding with each subsequent step

Operation phase

In Operation phase, the maintenance and expansion of the project are the excellence strategic choices.  These activities, if planned and supported by qualified staff and adequate financial resources creates the cradle of technological progress.