Regular capital projects such as new facilities, structures or systems are often necessary to accelerate growth within a company.
For example, a company may build a new facility or purchase new equipment in order to increase efficiency on the production line. Regardless, capital investments must provide an improvement, new capability or benefit such as expanding capacity, reducing costs or producing new products and components.
Yet each capital investment assumes a calculated risk with the expectation that the asset will pay off. Managing risk is essential to successful project development and delivery of any capital project.
This white paper belongs to MAP Engineering Services who has been a leading provider of engineering services and project support.They provide their clients with experienced consultants, project managers and engineers to assist in the successful execution of capital projects; including capacity expansions, process or infrastructure improvements, and new product launches.
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