Project Development & Readiness

Build the basis for a sound investment.

Turn an investment objective into a defined path through development, approval, and execution.

Project Development & Readiness

When to engage Sand Hill

  • A project is moving from an idea toward a capital commitment.
  • Site, utilities, technology, or execution assumptions remain unresolved.
  • You need to understand whether the next investment decision is supported.

What we do

Define requirements and scope

Translate business objectives into project requirements. Develop the scope, alternatives and execution basis needed to evaluate the investment’s expected benefit, cost, timing and exposure.

Integrate development requirements

Assess site, utility, permitting and operating requirements together, including their dependencies and implications for project scope, cost and timing. Establish the work and decisions needed to address unresolved requirements before the relevant project commitments.

Develop the basis for partner selection

Establish engineering and OEM evaluation criteria, assess proposals and develop recommendations for the owner’s selection and contracting decisions.

Assess the basis for the next investment decision

Evaluate whether the project’s definition, estimates, schedule and risk assessments provide a credible basis for the next capital commitment. Identify unresolved issues and explain their implications for proceeding, further development or a change in direction.

What you receive

Development roadmap

The work and decisions required to advance the investment.

Scope & selection criteria

A common basis for evaluating engineering partners and OEMs.

Integrated development schedule

A schedule of development activities, information requirements and decisions, showing dependencies and constraints that affect readiness for the next capital commitment.

Readiness review

An assessment of the evidence and unresolved issues affecting the next investment decision, with recommendations for proceeding, further development or a change in direction.

A few useful questions.

When should Sand Hill become involved?

Early enough to influence scope, responsibilities, and the development plan. We can also enter an active project to assess maturity and identify the work needed before the next commitment.

Does an early schedule provide an execution commitment?

An early schedule communicates the current development assumptions and decision path. Its reliability depends on scope definition and information maturity. We make those assumptions and limitations visible.

Who authorizes the investment and makes contractual commitments?

The owner retains responsibility for investment authorization.

In standard engagements, the owner retains authority to sign contracts, approve amendments and make binding commitments. Sand Hill develops recommendations and coordinates the information and actions necessary for those decisions. Any delegated authority to make contractual commitments would require a separate written agreement.

Specific deliverables, authority, staffing and acceptance requirements are established in the engagement scope.

What are you working toward?

Start with your objective and the situation in front of you.

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