Abbott Project Management Playbook

a. Analyze and determine whether the business needs can be fulfilled using the proposed solutions or not. 8. Scheduling Feasibility a. Estimate how much time is required to complete each of the project alternatives. While there is no formal Gate Review following the Feasibility phase and feasibility studies the team conducts, the below table outlines key project deliverables that should be developed during this phase to support the project definition, if it is determined the project will be beneficial to continue onto the next phase, Concept and Capital Plan Gate 2.

FEP DELIVERABLES – PROJECT LEVEL

CATEGORY FEASIBILITY Scope, Project Plan Project Execution Plan (PEP)*

• Statement of Need • Cost Benefit Analysis

Justification

Business / Technical Alternatives

Alternatives

Security Preliminary site analysis and screening during Site Selection • Preliminary Process & Initial Equipment Assumptions • Block Layouts

Site Analysis

Process, Equipment, Plans, Layout

Cost Estimate*

Cost

• Estimate Allowance: 20-30% • Estimate Accuracy: +/-40%)

Milestone Schedule (10 – 15 Milestones)

Schedule

Strategic Risks with probabilities

Risks

• Regulatory Requirements • Permitting Requirements • FM Requirements • EHS Requirements*

Regulatory

• Energy / Environmental Assessment* • Green Building Assessment*

Energy & Environmental

Security Requirements

Checklists & Assessments

• Submit Email to GSSProjectsupport@abbott.com • Add Global Security to the Project Team • Provide Preliminary Statement of work

*Standardized toolkit available

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