Project Controls and Estimation Curriculum

FEL

Module from the Project Controls and Estimation Curriculum curriculum.

Module 1 - Project Life Cycle (FEL) · Learning Objectives · 1. Identify FEL 1 (business case), FEL 2 (concept), FEL 3 (basic engineering) · 2. Apply stage gates between each FEL and to FID (final investment decision) · 3. Know typical duration: FEL 1 (1 mo), FEL 2 (3-6 mo), FEL 3 (6-12 mo), EPC (12-36 mo) · 4. Distinguish EPC vs EPCM vs Design-Build delivery methods · 5. Measure FEL quality via IPA index (Independent Project Analysis) · FEL Phases and Deliverables

Phase	Purpose	Key Deliverables	Cost Estimate Class	Duration	Gate Decision
FEL 1 (Identification)	Business case	Opportunity statement, ROM	Class 5	1-2 months	Continue to FEL 2?
FEL 2 (Selection)	Concept selection	Process block flow, PFDs, Class 4 est	Class 4	3-6 months	Select concept
FEL 3 (Definition)	Basic engineering	P&IDs, equipment list, Class 3 est	Class 3	6-12 months	FID approval
Detail Eng + EPC	Execute	Detailed design, construction, commission	Class 2-1	12-36 months	Mechanical completion
Startup + Close	Verify	Performance test, closeout	Actual	3-12 months	Handover

Source: Project_Controls_Estimation_Curriculum_v1.xlsx · Sheet: FEL

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