Natural Gas Processing

14.18. Implementation, planning, and budgeting

The project implementation phase embraces the period from the decision to invest to the start of commercial production. A series of simultaneous and interrelated activities taking place during the implementation phase should be defined. When preparing the implementation plan for the feasibility study, it should also be borne in mind that, at a later stage, this plan will be the basis for monitoring and controlling the actual project implementation. The implementation schedule should present the costs of project implementation, as well as the schedule for the complete cash outflows, in order to allow the determination of the corresponding inflows of funds, as required for financing the investments. ...