Systems Completion, Commissioning and Start-up
Did you know that from the perspective of an investor, it is the Commissioning & Start-Up (CSU) phase that defines the project as a success or failure? When a project has been fully commissioned and started-up, it is likely the project will also be a financial success, with investors receiving their expected returns. When a project has not been fully commissioned and is then started-up, it is highly unlikely the project could ever be a financial success. From an investor's perspective, the project is a disaster.
If you would like to know more, please check in with The Falcon Group.
You can also learn more about this important topic from our book Process Risk and Reliability Management.