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To download a complete sample PEC Report® in PDF format: Click Here
| Project Timing & Activity |
The PEC Report® has three primary timing categories: Planning, Engineering, and Construction (PEC) to indicate the project status at the time of research. These categories, in conjunction with one of the appropriate forty-five numerical and descriptive timing activities, provide a linear method of identifying the project timing. The timing categories P1 through E2 identify capital projects from the early phases of development such as Market Analysis, Site Selection and Preliminary Design through AFE Approval, Planning & Scheduling and Detailed Engineering. The C1 and C2 PEC timing categories are apply to project construction phases and scheduled plant maintenance programs. However, because of the large capital expenditures accruing in the International market place, IIR's International PEC Report® coverage is focused only on those projects qualified for the P1, P2, E1 & E2 phases.
PEC Timing: The Major stages a project undergoes from conception to completion.
Stages are designated as P1, P2, E1, E2, C1, and C2. Each stage is further defined by one of the specific Project Activity functions listed below.
Example:
Planning (P1-P2)
P1: (01-17)
01 - Market Analysis
02 - Site Study
03 - Project Scope
04 - Economic Evaluation
05 - Energy Analysis
06 - Equipment Studies
07 - Preliminary Design
08 - Site Selection
09 - Detailed Design
10 - Technology Comparison
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11 - Fuel Strategy
12 - Capital Estimating
13 - Site Characterization
14 - Dismantling
15 - Demolition
16 - Project Justification
17 - AFE Submittal
P2: (18-19)
18 - Permitting
19 - Owner Review of Issue
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Engineering (E1-E2)
E1: (20)
20 - Capital Approval
E2: (21-33)
21 - Purchasing
22 - Preliminary Engineering
23 - Definitive Estimating
24 - Cost Analysis
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25 - Planning and Scheduling
26 - Site Preparation
27 - Safety Studies
28 - Unit Simulation
29 - Unit Strategies
30 - Unit Control
31 - Detailed Engineering
32 - Cost Control
33 - Expediting
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Construction (C1-C2)
C1: (34-41)
34 - Structural Erection
35 - Construction (Union)
36 - Construction (Merit)
37 - Inspection
38 - Venture Capitalization
39 - Machanical Completion
40 - Final Commissioning
41 - Completion/Start-Up
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C2: (42-45)
42 - Maintenance Programs
43 - Contract Maintenance
44 - Long-Term Maintenance
45 - Scheduled Maintenance
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