Project identification and definition

Regardless of the source of the project idea, each idea should be passed through a process analytics opportunity assessment screen of some sort. It has been our experience that a formalized screening process, developed under the premise of consensus with input from all key stakeholders, is the most effective method 

Where CF is the cash flow from operation, HR is the hurdle rate or required minimum return and II is the initial investment. Advantages of NPV are that it accounts for the time-value of money, provides a value estimate for the lifetime of the project (10 years) and can always be calculated (unlike IRR). Hurdle rates are set by central finance groups or, in some cases, the project team. If a positive NPV is obtained at a given hurdle rate a project is considered profitable and should be executed based on competing priorities. 

A small but diverse team of personnel is typically involved in the activities of the project identification and definition stage. Representatives from groups such as PA, process control, project management, central engineering and production operations should populate the team in the first stage. The size and diversity of the team should grow from the ID step to the definition step as resources are allocated and plans developed. 

During the design, specify and procure stage, preliminary process control and implementation plans are developed. These plans lay out the basic timing/milestones for each effort, as well as define the roles necessary to complete all the given tasks. It is expected 

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During the process hazards identification and definition phase of a project design, a basic process control system (BPCS) strategy is normally developed in conjunction with heat and material balances for the process. 

The Center for Chemical Process Safety s projects fall into a number of general topic areas that comprise a comprehensive program. These topic areas include identification of hazards and analysis of risks, prevention and mitigation of the hazards identified, and better definition of areas affected by a release of hazardous materials. This book is the latest in the series dealing with hazard identification and risk analysis. 

The design of a library that is project dependent and identical for both solution and solid phases, involves the identification of a suitable structural motif together with its randomization points, which are available for generation of diversity (Fig. 8.6, top) and the overall definition of library size. A retrosynthetic study follows in which a reasonable synthetic route in solution is determined, while work on SP requires the choice of a suitable support and of a linker as well (Fig. 8.6, bottom). 

The HuDeM project covers the following five tasks (1) Identification, Survey and Evaluation of the Most Meaningful Domains for Deriving a Consistent Human Dependability Model Applicable to Space Projects and Activities, (2) Definition of the Methodology for Development of Human Dependability Model(s), (3) Implementation of the Proposed Methodology, (4) Definition of the Analyses for Human Errors Identification and Avoidance, and (5) Management. 

Contracts with the federal government require compliance with Executive Order Nos. 11625 and 12138 to utilize small and small disadvantaged businesses. The contractor/subcontractor must complete a copy of the representations and certifications providing self-certification of business classification under existing federal definitions. The representations and certifications also provide tax identification information required by the Internal Revenue Service. The original of the representation and certification form should be sent to regional purchasing and a copy included in the project file. 

Although a number of solid compounds of plutonium were synthesized by ultramicrochemical techniques during our first year and a half at the Metallurgical Laboratory, it was not until November, 1943 that a positive identification of a crystal structure was made. W. H. Zachariasen joined the project in the fall of 1943 and very soon began to make definitive identifi-... 

In 1934, nuclear physics was young and the neutron had only just been discovered, yet the transuranium project was approached with a remarkable degree of confidence. The concepts from chemistry and nuclear physics that framed and guided the investigation were never seriously questioned, even though the synthesis and identification of new elements was, by definition, a leap into the unknown. Similarly, researchers were relatively unconcerned about the limitations of their small-scale experiments, even though the experiments themselves were notoriously difficult due to the tiny quantities of radioactive material. 

The projects executed by the students in their final year have a primary objective of giving an integrated experience to solve complex engineering problems. Typical expectations from these projects are identification of the problem, researching the literature, problem definition, concept level design, and functional level design, implementation, demonstration, and report writing. The students have the flexibility... 

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