FEED Studies

Don't design as you go!  Before you make a large investment in your control system crunch the numbers. Get a Front End Engineering Design (FEED) Study that gives you atleast 3 options. From the 3 options your company can evaluate the best option based on: benefits, risk, cost, and schedule. Below are the 3 stages of a FEED including Front End Loading (FEL) 1, 2, and 3: FEED Dashboard Includes: Net Present Value based on plant Rate of Return Payback Period Current Monthly Profit and Loss Statement (P&L) Improved Monthly Profit and Loss Statement (P&L)  Safety Risk Matrix that identifies how worst offenders are improved by automation project Environmental Risk Matrix that identifies how worst offenders are improved by automation project Note: Details are provided in body of FEED and in appendixes