Definition: Front End Loading is a pre-project planning process typical for processing industries such as upstream, petrochemical, refining and pharmaceutical companies by which an organisation develops a detailed definition of a capital project to meet business objectives. It is the detailed up-front "loading" work whereby the definition, scope and feasibility of the project is thoroughly assessed in terms of scope, cost, risk and other factors to minimize the impact and escalation of these factors during the detailed design, procurement and construction of the project. |
More on project planning: Gantt Chart, PERT Chart, Work Breakdown Structure. MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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