Project Assessment
"Project Assessment" refers to the process of comprehensively assessing the feasibility, risk factors, and economic feasibility of an industrial project. This assessment is conducted in the early stages of project planning and is used as key data for decision-making by investors, management, and regulators.
Project assessment in EPC (Engineering, Procurement, and Construction) projects is crucial for ensuring project success by identifying potential risks, optimizing resource allocation, and improving overall project management. It helps with making informed decisions, controlling costs, and delivering the project on time and within budget.
Swiss Approval, with its strong technical expertise, provides Total Solutions and Advisory Service after Project Assessment for the successful local operation of your EPC project, from contracting, design, site evaluation, delivery/shipping, installation and local standard certification.
Swiss Approval’s Project Assessment Service
The main items and procedures of Industrial Project Assessment are as follows:
1.Project Definition
2.Technical Feasibility
3.Financial and Economic Feasibility
4.Market Assessment
5.Legal & Regulatory Compliance
6.E&S Assessment
7.Risk Assessment
8.Operational Planning
9.Final Report & Decision
For more details, please contact us and download the attached brochure.
Benefits of Project Assessment
Project assessment is necessary for ensuring project success by identifying potential risks, optimizing resource allocation, and improving overall project management. Project Assessment have following benefits that
1.
Risk Management
Early Identification of Risk related Project
Cost and Schedule Control to Prevent Budget Overruns
Compliance and Safety Management to Prevent Penalty Cost
2.
Resource Optimization:
Efficient Allocation of Resource for Project Management
Cost Management to Optimize Project Budget
3.
Improved Decision Making:
Informed Choices by Technical Advisory
Strategic Adjustments for Project Management
4.
Enhanced Communication and Collaboration:
Stakeholder Engagement including On-site Agency Communications
Shared Understanding
5.
Overall Project Success:
Meeting Objectives
Continuous Improvement
For more details, please contact us and download the attached brochure.