cpFSss©

cpFSss©

construction project Feasibility Study supporting system

cpFSss© is aa supporting system (software) for planners and portfolio managers of construction projects, who work for investors, funding bodies, or engineering bodies in (*) Studying comprehensive project feasibility, (*) Determining the best selection between ‎several projects, and (*) Considering opportunity cost of the best selection. This software is spreadsheet-based (Microsoft Excel), thus it can be used on PC, laptop, tablet, or smartphone.

Features of cpFSss©
Scope covers project influences (±) on Money, Time, Function, ‎Quality, Workers, Society, Economy, Environment, and Geopolitics

Assessment: cpFSss© created a novel method named ‎feasibility factors, which breaks-down project feasibility into feasibility elements, ‎then evaluates these elements via mathematical formulas of feasibility factors.‎

Inputs are variables of these formulas require inputs in form of percentages and numbers obtained via ‎questionnaires, websites, project data, and estimates. Numbers are converted into percentages using a single mathematical formula.

‎‎Outputs are values of project feasibility elements in the following 3 forms, which also are used ‎for comparison between up-to 5 projects:

• dual positive and negative values (%) of every feasibility element and overall dual values (%) of every project, ‎
• ‎‎single value (%) of every feasibility element and overall feasibility element value (%) of every project, and
• number (quantity) of feasibility elements of maximum positive and minimum negative values‎ of every project.‎‎

​​Project Types covered are:
​ ​Building: (1) Residential, (2) Commercial, (3) Institutional as schools and hospitals and governmental building, ‎and (4) Industrial as factories, workshops, and mills; ‎

​ ​Infrastructure: (1) Transportation, (2) Irrigation, (3) Dams,(4) Water and sewer systems, ‎

​ ​Environmental: ‎(1)‎ Wetland restoration, (2) Hazardous waste cleanup, and (3) Recycling ‎facilities.‎

​ ​Power: (1) Power Generation as hydro-power plant, wind farms, solar power plants, geothermal-power plant, ‎thermo-power plant; (2) Power Processing as natural gas processing plant and oil refinery; and (3) Power ‎Distribution electro power transmission networks and natural gas transmission network. and ‎

​ ​Repair: items restoration of all construction projects during operation phase. ‎

Estimating project costs and duration required for IRR and several feasibility elements are supported via an ‎Excel file.‎ ‎

WBS applies the following 4 additions ‎to the groups of ‎ASTM ‎E1557 standard: ‎
​ ​‎(1) adding groups for heavy construction projects, ‎ ​‎(2) adding preconstruction and commissioning and closeout groups, ‎  ​‎(3) adding a 5th breakdown level to every group, and ‎ ​‎(4) maintaining construction order of work items to a large extent. ‎

‎ Predecessors of work items of WBS 4th level are also determined to enable calculating early ‎finish of ‎these items and then the project duration. ‎