FEP And FEL: Essential For Successful Engineering Projects | Importance Of Engineering Project Delivery Methods | Accuracy Measured In Cost Estimation

Definition of a successful engineering projectA successful engineering project can be defined as the project, implemented and completed on budget, in terms of cost, within the pre-defined schedule, fulfilling all the specified requirements, in terms of quality and safety standards. Any engineering project that has specific scientific objects to achieve is not completed on budget, within the schedule or not fulfilling all its pre-defined requir…