I am looking for any links to references that might quantify the benefits of Front End Loading (FEL)/Front End Engineering & Design (FEED) v. not using the stage gate approach. I have seen a non-attributed value of 6-23% of ROI and TIC. Interesting, but not very helpful.
This is assumed to be a $100 MM process plant using one of three proven crude oil refining processes, located in Louisiana. I am looking for some metrics to help drive a VenSim systems dynamics model.
Any thoughts appreciated. Thanks,
Dennis