Abbott Project Management Playbook

4.4 Perform Quantitative Risk Analysis (As Required) .................................................................. 26 4.5 Plan Risk Response (Mitigation) Strategies ............................................................................. 27 4.6 Monitor And Control Risks ...................................................................................................... 28 5 Project Kick Off ........................................................................................................................ 30 5.1 Elements of Project Kick Off .................................................................................................... 30 5.2 Project Kick Off Preparation .................................................................................................... 30 5.3 Agenda..................................................................................................................................... 30 6 Project Planning....................................................................................................................... 32 6.1 Project Planning Options ......................................................................................................... 32 6.2 Front End Planning (FEP) ......................................................................................................... 32 6.3 Phase 0 .................................................................................................................................... 32 6.4 RAPID....................................................................................................................................... 33 6.5 Comparison of FEP and Phase 0 .............................................................................................. 33 6.6 Front End Planning Elements/ Process/Details: ...................................................................... 35 6.7 FEP Feasibility Phase ............................................................................................................... 38 6.8 FEP Concept Phase and Capital Plan Gate 2............................................................................ 40 6.9 FEP Preliminary Design Phase and RCE Gate 3........................................................................ 42 6.10 FEP Lite: Projects $2.49MM and Under .................................................................................. 45 6.11 Accelerated Project Definition ................................................................................................ 46 7 Request for Capital Expenditure (RCE) .................................................................................... 51 7.1 Corporate Engineering (CE) Support of FEP ............................................................................ 55 8 Project Execution..................................................................................................................... 58 8.1 Project Execution Guideline .................................................................................................... 58 8.2 Governance ............................................................................................................................. 61 8.3 PEG Scalability ......................................................................................................................... 62 8.4 Detailed Design........................................................................................................................ 63 8.5 Construction / Startup / Commissioning................................................................................. 65 8.6 Qualification / Validation ........................................................................................................ 67 9 Project Control ........................................................................................................................ 69 9.1 Scope Control – Scope Management Plan .............................................................................. 70 9.2 Performance Measurement .................................................................................................... 70 9.3 Schedule Control – Schedule Management Plan .................................................................... 70 9.4 Cost Control – Cost Management Plan ................................................................................... 72 9.5 Change Control – Integrated Change Management Plan........................................................ 73 9.6 Earned Value Management..................................................................................................... 73

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