(53f) Reducing CAPEX Project Risks and Costs By Performing Pressure Relief Analysis (PRA) during Early Design Stage
- Conference: AIChE Spring Meeting and Global Congress on Process Safety
- Year: 2018
- Proceeding: 2018 Spring Meeting and 14th Global Congress on Process Safety
- Group: Global Congress on Process Safety
Monday, April 23, 2018 - 6:00pm-6:06pm
Performing pressure relief analysis (PRA) during the conceptual feasibility stage helps identify the potential risks to flare loads and pressure relief systems introduced by the project before procurement. This analysis creates opportunities for cost savings and allows for implementation of inherently safer designs. Additionally, the impact of the project can be much further upstream or downstream than outlined in the initial scope. It is cost effective and safer to evaluate the impact of several parallel proposed projects at once. In this presentation several examples are shared to show how CAPEX projects benefit from early design stage PRA and concurrent project planning.