Week 7 (shorter) Flashcards
1
Q
Corporate Constraints
A
- Realise Benefits
- Financial Objectives
- Positive Cash Flow
- Project Finance
- Company Resources
- Life Cycle Costing
- Diversify Products
- Buying Work
- Exports
- Partner
- Industry Relations
- Training
- Corporate Schedule
- Approved Suppliers
- Upgrade
- Benefits and Risks
2
Q
Internal Project Constraints
A
- Specifications and Standards
- Build-Method
- Level of Technology Available
- Design Freeze
- New Technology
- Resource Capability
- Equipment Capability
- Transport
- Material Handling
- Management Systems
- Project Office
3
Q
Internal Operational Constraints
A
- Fit for Purpose
- Configuration
- Environment
- Life Span
- Start-Up Disruption
- Operator Safety
- Ease of Operation
- Operator’s Level of Skill
- Operating and Maintenance Costs
- Ease of Maintenance
- Maintenance Level of Skill
-Maintenance Downtime - Planned Maintenance
- Redundancy
4
Q
External Constraints
A
- Users and Customers
- Competition
- Regulations
- Standards
- Local Content
- Special Equipment
- Climatic Conditions
- Currency Risk
- Environment Issues
- Political Unrest
- Local Stakeholders
5
Q
Feasibility Study
A
An analysis to determine if a course of action is possible within the terms of reference of the project. Work carried out on a project or alternatives to provide a basis for deciding whether or not to proceed.
