Title Assessment of FEED Structure and Functions for Project Manageme nt of Thermal Power Plant Construction
Authors Kim, Namjoon ; Jung, Youngsoo ; Yang, Myungdirk
DOI http://dx.doi.org/10.6106/KJCEM.2015.16.5.065
Page pp.65-76
ISSN 2005-6095
Keywords Thermal power plant ; FEED management functions ; Business importance ; Business weight ; Business capability
Abstract FEED (Front End Engineering and Design) is the key area that determines the competitiveness of procurement and construction in the EPC contracts especially in terms of the added value. Nevertheless, previous researches in FEED have been limited to the process and deliverable of design work or the particular management business function (e.g. System Engineering, collaboration, information etc.). In this context, the purpose of this study is to propose a comprehensive FEED structure and its functions from the project management perspective throughout the whole project life-cycle for thermal power plants. Proposed FEED business procedures are classified into three levels; First level is the classification of FEED business phases, the second level defines major FEED management functions, and the third level is detailed FEED functions. A survey using proposed FEED functions and assessment variable was conducted in order to analyze the current status and the areas for future improvement. It is expected that the proposed structure, functions, and evaluation methodology for FEED management will contribute to effective practice of FEED as well as to improvement of competitive capability for engineering , procurement, and construction (EPC) companies.