Describe the pipeline from a very high level
List the major companies involved in the use of the pipeline (where are they located
and what is their interest in the pipeline)
2) Engineering involvement (1 to 2 pages)
0 Describe the tym of engineers working on the project and how they would interact
3) Technical feasibility evaluation (1 to 2 pages)
4) Economic feasibility evaluation (2 pages)
5) Fiscal feasibility evaluation (2 pages)
6) Social, political, and environmental feasibility evaluation (2 pages)
7) Benefits to the region (long-term jobs, tax revenue, etc) (1 to 2 pages)
8) Summary and conclusions (1 page)
9) List of numbered references (1 page)
Chapter 11 – Feasibility and Project Management, Summary, 1
• The four types of feasibility assessment are technical (or engineering) feasibility, economic (or financial) feasibility, fiscal feasibility, and social, political, and environmental
feasibility.
• An alternative is technically feasible if it satisfies the required engineering criteria and can be built.
• Engineering projects incur capital costs and operation and maintenance costs.
• The value of money changes over time, so costs and benefits must be compared in constant dollars (i.e. dollars at the same year).
• To compare costs, the costs must be in the same units.
• Engineering economic factors can be determine by direct calculation, by tables, or built-in spreadsheet functions.
Chapter 11 – Feasibility and Project Management, Summary, 2
• Select the alternative that maximizes the net present benefits, not that maximizes the benefit-cost ratio.
• Fiscal feasibility addresses the question of whether you can obtains enough money to pay for the project.
• Social, political, and environmental feasibility addresses whether the project has sufficient backing of the public and political leaders and is compatible with the environment.
• Project management activities include planning, scheduling, and supervising.
Feasibility Assignment, 1
• Dominion, Duke Energy, Piedmont Natural Gas and Southern Company Gas propose to build a natural gas pipeline (called the Atlantic Coast Pipeline (ACP))
Pipeline started in West Virginia (Marcellus Shale reserves) and goes through Virginia and into North Carolina Approximately 600 miles long https://www.dom.com/about-us/news-center/natural-
gasprojects-and-initiatives/atlantic-coast-pipeline/maps (Accessed March 6, 2017)
• The assignment is to perform a well-documented feasibility assessment of the ACP.
Use all of Jensen’s Chapter 11 feasibility areas.
Feasibility Assignment, 2
• Assignment outline
1) Introduction (1 page)
Describe the pipeline from a very high level
List the major companies involved in the use of the pipeline (where are they located and what is their interest in the pipeline)
2) Engineering involvement (1 to 2 pages)
• Describe the types of engineers working on the project and how they would interact
3) Technical feasibility evaluation (1 to 2 pages)
4) Economic feasibility evaluation (2 pages)
5) Fiscal feasibility evaluation (2 pages)
6) Social, political, and environmental feasibility evaluation (2 pages)
7) Benefits to the region (long-term jobs, tax revenue, etc) (1 to 2 pages)
8) Summary and conclusions (1 page)
9) List of numbered references (1 page)
10) Write out the CVCC Honor Code, sign, and date
• List how many hours you spent on the assignment