PSM Project Phases
PSM Project Phases
cycle life
1. IEconomic Feasibility.
2. Legal Feasibility.
3. Operational Feasibility.
4. Scheduling Feasibility
Concept
Development
“Conceptual
Design”
Concept
Developmen
t
“Conceptual
Design”
Pre-FEED
Phase
Pre-FEED
Phase
FEED
Phase
FEED Phase
3️⃣MDS
5️⃣'Instrument and
(Mechanical Data 4️⃣Line List
Valve data sheets.
Sheet)
7️⃣Drawings for
6️⃣General 8. Cost estimating.
main equipment
Arrangements
and main pipework.
10. Project
Execution Plan, HSE
9. HAZOP Report.
Plan Operational
philosophy.
EPC Phase
EPC Phase
• MTO (Material Take-off)Start-
up procedures, Operating and
Commissioning manuals.
• Procurement Phase
EPC
• It is necessary to acquire the necessary products or services from the best
suppliers/vendors at the best price and quality.
• Such products include raw materials, equipment, machinery, instrument,
etc.
• An effective procurement strategy involves:
Phase •
•
•
a financial plan to manage the budget.
a good plan to manage the workflow and production deadlineskeeping
everything aligned with the client’s objectives.
ensuring a smooth supply of required items for construction.
• In the oil and gas industry, procurement plays an important role in
ensuring the supply of products, items, and services within budget
allocation, ensuring on-time delivery on-site and cost savings without
compromising quality and safety.
EPC Phase
• Procurement Phase
• Procurement Cycle
• In Procurement, the Procurement
cycle lists the key steps in a cyclical order.
This makes understanding
each procurement step easier. Refer to Fig.
3 for a typical Procurement Cycle with
important procurement steps.
EPC Phase Onsite and Offsite Fabrication
Offsite Fabrication is a process of fabrication and assembly of
parts or systems at a location away from the project like a
workshop. Offsite fabrication provides a cost-benefit, allowing the
assembly of units that would not be able to be fabricated on-site
due to cost, tooling, availability of resources, or space restrictions.
Nowadays it is at a peak in the industry.
Onsite Fabrication is the fabrication held at the project site. After
the offsite fabrication, it is still required to do fabrication work at
the site for connecting the different pieces of equipment, pipes,
and other systems for installation purposes.
EPC Phase Construction Phase
Construction is the activity of putting different elements, and
objects together. It should follow a detailed design plan, and the
installation drawing to create a structure, equipment, building, etc.
While constructing large structures/buildings, A clear action plan is
a must.
One should know the dimensional coordinates of the specific
location. It involves clearing, excavating, and leveling the land. It
also involves other activities associated with the structure,
building, and other properties of the plant.
EPC Phase
Note: After the completion of the commissioning, if no error is found in the system
then the referred drawing became an “as-built drawing”.
As-built drawing: This is the final drawing sheet of the plant and is used for future modification,
maintenance, and review purposes.
Start-up Phase
Start-up Phase
After the successful completion of the testing
of the processing system or the plant. Its the
time for the green signal to start production.