Pre-Feasibility and Feasibility Studies
Understanding what is possible and what is not can be a daunting task in the heavy engineering industry. It is also very important to understand whether an idea can realistically be implemented. Answering the question “Can this be done?” may seem simple, but in practice, there are expert skills involved in ensuring that the feasibility of any work is fully understood. It’s not just about the “can it be done?” but also about “how will it be done?”
This is where AllGen’s expertise in this area can be a real bonus. By having the reassurance that any item of work has been reviewed and studied by a skilled professional will ensure that feasibility should never be an issue for your business.
AllGen’s Alan Robinson super-vising records of shaft levels on 80MW Fuji generator in the Philippines.
Cost Benefit Analysis
Understanding whether the cost of carrying out work will be justified by the benefits gained is a challenge that is faced constantly by organisations. It is basically ensuring that you are getting value for money. At first this looks like a fairly simple question to answer, but in practice, it is easy to leave important items out of the analysis. These forgotten items can completely wipe out the benefits you had hoped to get from your work.
To ensure that every aspect of the cost of any work undertaken is included in the analysis you need a highly skilled and experienced professional to help you. AllGen staff have undertaken cost benefit analyses for a wide range of clients. These clients have benefited from our skills and expertise in ensuring that every aspect of this complex process is considered and included when appropriate.
The financial aspects of any project are an essential element to its success. All aspects of project costs need to be documented and understood. On major projects such as turbine overhauls the sums involved can be very large. Errors or omissions in this area can jeopardise the success of the total project.
To ensure that your organisation fully understands the economics of a project AllGen can provide the resources to map all parts of this essential item. This will ensure that there are no errors or omissions and that the economics of your project are fully understood at every step.
Does your organisation fully understand all of the risks that are involved in the work being undertaken? Whether the work is being carried out by your in-house team or by an external contractor you need to be assured that all the risks have been appraised. Sometimes your own staff can be so close to the project that they fail to take a more detached view and they can miss some of the important risks involved.
By employing AllGen to carry out a risk assessment your organisation will receive an independent appraisal of any work or project. Our team will carry out a detailed risk analysis and give you an honest, open and expert view. The report will include all identified risks for the project and make recommendations on how these risks can be minimised