The process of project definition is executed mostly in parallel with the (basic) engineering phase. Developing a specification, budget and build schedule goes hand-in-hand with the development of the plan approval package of drawings and information. The activities in this process of project definition are executed by Maritime Projects. It has proven that in this stage our independency results in a concept that much better reflects your needs.

During the development of the technical specification, we make sure that we choose the components that you really need and not the ones from the suppliers that have the best deals with the yards. We have put a lot of effort in knowing what the market has to offer. This knowledge is gathered by working with lots of different companies, visiting exhibitions and remain up to date with the information that the media supplies us.

Budgeting and scheduling

After finalizing the build specification, we start with the budgeting and scheduling stage. Maritime Projects has established in the past more than 100 budget estimates and schedules. Until now, it was a common thing that the budgets and schedules were produced by the yards that quote for the project. The people of Maritime Projects use their experience to already furnish you with the budget and schedule before we start inviting yards to quote on the project. The benefit of us defining the project, is that you know already in an early stage whether the project will fit into the financial picture that you painted for it. And even more important, we can direct the yards into a certain direction which will shorten the tendering procedure considerably. The project definition stage led by Maritime Projects will give you an in-depth cost and time overview in 100 to 150 items plus a technical specification of between 100 and 200 pages.

The outcome of this project definition stage will tell you whether the concept is financially and time-wise feasible. If this is not the case, Maritime Projects will discuss with you the possibilities to adjust the concept and/or the build specification. And, in addition, the outcome of this project definition phase provides a yardstick against which quotations and time estimations can be kept in the yard selection phase.