Dear Syed,
unfortunately, but for valid reasons, the industry never defined a baseline for such an assessment because too many variables are at play, starting from the quality anc accuracy of the information provided to those executing FEED.
University of Texas at Austin created something a while back: https://www.construction-institute.org/front-end-engineering-design-feed-maturity-and-accuracy-total-rating-system-matrs
More recently, an interesting paper was published that offers what they describe as a novel approach https://www.emerald.com/insight/content/doi/10.1108/ECAM-05-2022-0418/full/html
I hope it helps.
Carlo
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Carlo Muzzarelli
Risk Manager
Genova
carlo.muzzarelli66@gmail.com------------------------------
Original Message:
Sent: 10-31-2024 07:53 PM
From: Syed Omer
Subject: How to evaluate quality of feed deliverables
Dear all,
Good Day
Please provide your suggestions and insights on validating the quality and accuracy of feed deliverables. Is there a weightage format with specific parameters? I would appreciate your inputs, suggestions and any reference documents.
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Syed Omer
Cost Engineer
Seoul, S Korea
syedomer363@gmail.com
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