Even the best planning and implementation of a project cannot rectify the mistakes made in the preceding project screening process.

The greatest potential for optimization when creating new infrastructure lies in careful and diligent project selection based on clearly defined objectives. In order to be able to select the most appropriate projects from a pool of planned undertakings, goal-based criteria must be defined beforehand. Ideally, these criteria reflect the different requirements of the different types of infrastructure and the specificchallenges associated with each type.

Pre-feasibility studies evaluate whether a concept aligns with the client’s objectives and meets the technical, economic, social, and environmental constraints of a particular project. These studies also provide an initial assessment of the conditions and assumptions under which a set of solutions may be feasible, and they define the order of magnitude of the associated costs. Insert four different pictures, nicely placed and interleaving with the text, drawing inspiration from other examples.

A project is only feasible and sustainable if its technical, economic, environmental, social and operational feasibility can be proven through appropriate investigations. Financial institutions, sponsors and investors will only invest in projects if appropriate solutions can be found for all of these aspects. A bankable feasibility study meets all these requirements, identifies different ways to finance a project, and defines the necessary prerequisites and conditions. In this way, the financial sustainability of the envisaged project is demonstrated to banks and other potential investors.

Optimizing Productivity – Increasing the Value of Your Assets

There is constant pressure to manage assets more efficiently and effectively. This is primarily driven by changes in market conditions, regulatory requirements, policies, disruptive technologies, and aging infrastructure—as well as risks and opportunities related to asset procurement, operations, and investment planning. As a result, regular and systematic review and alignment with global standards are essential.

Master plans provide direction and guidance. Their development requires the integration of complex strategic, economic, regulatory, technical, social and environmental aspects. Their purpose is to develop a strategic approach to achieve defined objectives, taking into account short-, medium-, and long-term implementation phases.

The global effort to achieve higher standards of living requires the continuous improvement and expansion of the infrastructure and industrial sector. Meeting this challenge requires enormous investment. The process of screening and selecting suitable financing instruments for such projects is a major challenge worldwide and requires a multidisciplinary understanding of the respective framework conditions.

In addition to excellent design and project implementation, optimized operations and proactive maintenance are prerequisites for the long-term success of industrial and infrastructure projects.

The progressive aging of plant infrastructure and changing operational requirements and objectives present a constant challenge that requires flexible and professional teams and needs-driven, flexible and continuously optimized processes and programs.