Exploring potential value

TPG consultants bridge the gap between concept requirements and the costs and benefits associated with innovative systems.

The typical approach is to carry out a series of activities:

  • capture requirements and objectives
  • investigate performance and cost drivers
  • assess conceptual options
  • investigate technology options
  • identify preferred solution approach(es)
  • define outline solution architecture
  • estimate performance and solution costs
  • capture regulatory, environmental, technical constraints
  • prepare and deliver report

The goal is to determine the business case for proceeding to more detailed engineering work. This is typically based upon a performance gain over time which is balanced against the estimated project costs and constraints as they are known at the time.

A typical study will be completed in a few weeks and is the first, low-risk step in a technology development or adoption process.