Protecting the owner’s long term interest during a capital project is critical for business success.
Projects that meet safety, cost, schedule, operability and business performance targets don’t happen by chance. They rely on a structured process.
The business idea must be developed so that the project can be properly initiated
As the design progresses it is important at each stage to align the activities and outputs with the needs of the business, the project team and the engineering contractors.
Every decision through the design, construction, commissioning and operation needs to consider the owners longer term goals in order to ultimately deliver a successful business.
In this article, the debate regarding fracking is reopened, the geology and properties of coal beds are reviewed, fracking for coal-bed methane recovery is described, and the potential impacts of fracking are considered.
The concept of fracking is introduced, different applications are discussed, the chemicals and additives used in fracking fluid are described, and a method to classify fracking according to severity and impact is considered.
Follow a step by step Process to optimise business value during your project
OTC are experienced consultants specialising in the development of industrial scale mega projects
OTC bridges the gap between the original business idea and a fully developed project framework that is ready for an engineering contractor to commence design.
Throughout project execution OTC continues to provide consulting services and tools that guide the project in line with the owners needs.
The value to the owner lies in a well defined business case, a well executed project that results in an optimised and reliable industrial facility that is the foundation for a succesful business venture.
McKinsey & Company