Shaping Your Projects from Day One
Shaping Your Projects from Day One
IDEATE
IDEATE
Opportunity Screening
Opportunity Screening
Portfolio Identification
Discovering the right projects is the first step to realizing your business strategy. At ProjectLink, we guide you through a comprehensive Portfolio Identification process designed to pinpoint opportunities that align with your goal – whether it’s driving growth, improving operations, ensuring compliance, or meeting specific customer needs. Our approach includes evaluating current projects, uncovering new opportunities, and conducting a preliminary benefits analysis, ensuring every project identified adds tangible value to your business.
Portfolio Selection
Choosing the right projects can make all the difference. With ProjectLink, we help you evaluate each opportunity against critical business metrics, selecting projects that deliver the greatest value while staying within your resource constraints. Whether it’s advancing high-impact opportunities or identifying projects to pause or cancel, our Portfolio Selection process ensures your project pipeline remains optimized for success.
Portfolio Measurement
Maximizing value doesn’t end with project completion – it’s an ongoing process. ProjectLink’s Portfolio Measurement process tracks the impact of completed projects, providing actionable insights that feed back into your Portfolio Identification process. This ensures continuous improvement and alignment with your strategic goals, keeping your business agile and value-focused.
FEL 1
FEL 1
Concept Study
Concept Study
Study Project Management
Concept Phase: Project management in this phase focuses on defining the business need, setting strategic objectives, and developing a study management plan, high-level scope, schedule, and cost estimates, while ensuring alignment with stakeholders and organizational goals.
Pre-Feasibility Phase: This phase involves updating the study management plan, refining project scope, identifying technical and financial viability, conducting risk assessments, and establishing preliminary execution strategies to support decision-making on whether to proceed with further development.
Feasibility Phase: Project management ensures a comprehensive evaluation of the project, including detailed engineering, cost estimation, execution planning, and risk mitigation strategies, to provide a well-defined business case that supports final investment decisions.
Business Case Techno Economics
Concept Phase: This phase focuses on high-level economic screening, identifying potential business opportunities, assessing market conditions, and conducting preliminary cost-benefit analyses to justify further study.
Pre-Feasibility Phase: A more detailed economic assessment is performed, including cost estimates, revenue projections, risk analysis, and financial modelling to compare alternatives and support investment viability.
Feasibility Phase: A full techno-economic analysis is conducted with refined cost estimates, cash flow modelling, sensitivity analysis, and risk-adjusted financial metrics to develop a robust business case for final investment decision-making.
Project Execution Planning
Concept Phase: Project execution planning at this stage focuses on defining high-level execution strategies, identifying major constraints, and outlining preliminary timelines, resource needs, and key risks to assess project feasibility.
Pre-Feasibility Phase: The execution strategy is further developed, incorporating preliminary work breakdown structures (WBS), contracting strategies, procurement approaches, and an initial project schedule to refine cost and time expectations.
Feasibility Phase: A detailed project execution plan is established, including finalized scheduling, resource allocation, procurement and contracting strategies, risk mitigation measures, and governance structures to ensure smooth transition into project implementation.
Cost Engineering
Concept Phase: Cost engineering focuses on developing high-level order-of-magnitude estimates based on historical data, parametric models, and benchmarking to support early decision-making and project screening.
Pre-Feasibility Phase: More detailed cost estimation is conducted, incorporating preliminary design data, quantity take-offs, risk-based contingencies, and cost breakdown structures to refine capital and operating cost projections.
Feasibility Phase: A definitive cost estimate is developed using detailed engineering inputs, vendor quotations, probabilistic risk analysis, and cost control mechanisms to ensure investment accuracy and financial planning for project execution.
Quantitative Risk Assessment
Pre-Feasibility Phase: A more structured QRA is conducted using preliminary cost and schedule data, applying Monte Carlo simulations and sensitivity analyses to quantify key risks and define appropriate contingencies.
Feasibility Phase: A comprehensive QRA is performed with detailed input data, incorporating probabilistic cost and schedule modelling, risk mitigation strategies, and decision-making insights to enhance project predictability and investment confidence.
Dynamic Simulations
Concept Phase: High-level dynamic simulations are used to evaluate broad system behaviours, such as process feasibility, operational constraints, and preliminary throughput modelling, helping to identify major risks and opportunities early.
Pre-Feasibility Phase: More refined simulations incorporate preliminary design parameters, assessing process efficiency, equipment performance, and system interactions under different scenarios to support decision-making and alternative evaluations.
Feasibility Phase: Detailed dynamic simulations validate engineering designs, optimize operational performance, test control strategies, and assess system resilience under real-world conditions, ensuring robust and efficient project execution.
Risk Management
Concept Phase: Risk assessments focus on high-level identification of strategic, technical, financial, and market risks, using qualitative methods to determine major uncertainties that could impact project viability.
Pre-Feasibility Phase: A structured risk assessment is conducted, incorporating preliminary risk registers, likelihood-impact analysis, and initial mitigation strategies to refine contingency planning and decision-making.
Feasibility Phase: A comprehensive risk assessment is performed using quantitative methods such as Monte Carlo simulations and scenario analysis, integrating cost, schedule, and operational risks to develop a robust risk management plan for project execution.
Independent Project Review
Concept Phase: Independent reviews focus on assessing the strategic alignment, business justification, and preliminary assumptions, ensuring that the project concept is viable and worth further investment.
Pre-Feasibility Phase: Reviews evaluate technical feasibility, cost estimates, risk assessments, and execution strategies, identifying gaps and validating whether the project is ready to advance to the next phase.
Feasibility Phase: A final independent review ensures that the project is fully defined, with a validated business case, execution plan, and risk mitigation strategies, providing confidence for final investment decisions and transition into execution.
Project Execution: Health checks are done at predetermined milestones to ensure that the project is still on track and that risks that were identified during the FEL Phases have been adequately addressed.
FEL 2
FEL 2
Pre-Feasibility Study
Pre-Feasibility Study
Operational Readiness
Pre-Feasibility Phase: Initial operational readiness planning begins by defining key operational requirements, identifying workforce and training needs, and outlining preliminary maintenance, commissioning, and handover strategies to ensure a seamless transition from construction to operations.
Feasibility Phase: A fully detailed operational readiness plan is developed, including commissioning and startup procedures, asset management strategies, workforce mobilization, and operational risk mitigation to ensure the project is ready for safe, efficient, and sustainable operations.
Project Execution: Operational Readiness is further refined and implemented during Project Execution, integrating with Commissioning to ensure a seamless transition from Project to Operations.
FEL 3
FEL 3
Feasibility Study
Feasibility Study
IMPLEMENT
IMPLEMENT
Project Execution
Project Execution
Project Execution Management
Project Initiation & Mobilization: Project management focuses on finalizing execution strategies, mobilizing resources, setting up governance structures, and ensuring alignment with stakeholders to establish a strong foundation for execution.
Project Execution & Monitoring: Active management of scope, schedule, cost, risks, and quality is performed using real-time tracking, performance metrics, and corrective actions to ensure project objectives are met efficiently.
Project Closeout & Handover: The focus shifts to finalizing deliverables, conducting lessons learned reviews, ensuring contract closure, and smoothly transitioning the project to operations or the next phase while maintaining compliance and capturing best practices.
Project Controls
Cost & Schedule Management: Project controls focus on tracking actual costs and progress against the baseline, identifying variances, and implementing corrective actions to keep the project within budget and schedule.
Performance Monitoring & Risk Control: Continuous data analysis, earned value management (EVM), and risk assessments are conducted to measure project performance, anticipate potential issues, and proactively mitigate risks.
Reporting & Change Management: Project controls ensure transparent reporting, stakeholder communication, and structured change management processes to assess, approve, and integrate scope changes without compromising project objectives.
OPERATE
OPERATE
Production
Production
SIB Projects
Stay-in-business projects are identified through performance reviews, asset condition assessments, regulatory compliance needs, and input from operations and maintenance teams to address efficiency, reliability, or cost-saving opportunities.
These projects follow a structured approach, including feasibility analysis, business case development, detailed engineering, and execution planning to ensure alignment with operational and financial objectives. If large or complex enough, SIB project may also follow the FEL approach.
Once approved, the projects are executed with minimal disruption to operations, followed by commissioning, handover, and post-implementation reviews to ensure long-term value and continuous improvement.
Post Investment Review
A Project Post Investment Review (PIR) is a structured evaluation conducted after a project’s implementation to assess whether the expected benefits, financial returns, and strategic objectives have been realized. It identifies lessons learned, validates investment assumptions, and provides insights to improve future decision-making and project performance.