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The early phases of a project are where most value is created or lost. Starting a project in the right way is key to it’s success and Genesis has been helping Clients to make the right decisions for over 25 years.
To be experts in this phase we combine:
- the ability to identify the key drivers and risks,
- the technical skills to evaluate the feasibility,
- the knowledge to identify enabling technology,
- the data to develop robust cost and economics.
Our "create process" is founded on front-end thinking (quality) as well as front-end loading (quantity):
All potential contributors to the project’s value are considered and quantified – availability, Capital Expenditure (CAPEX), flexibility, Operational Expenditure (OPEX), recovery, schedule, safety, environmental and project risk, and uncertainty – to ensure an equitable basis for concept selection.
There is an audit trail for the decision process, with a robust basis and clear reasons for the elimination of alternatives.
All concept options are evaluated with the right degree of definition to support the decision being made.
The choices and concepts that provide the maximum project value are identified and the results are assured.
Threats to the success of the development and potential sources of reduction in the economic value of the project have been identified and assessed.