B. Technology Selection:

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Frequently there is a temptation to accept "more of the same" technology because acceptance within the organization will likely be easier. Identifying, evaluating and selecting major new technology can, traditionally, take a long time. Breakthrough results will more likely be achieved through different technology, but perhaps at a greater risk that has to be defined. Also, greater effort has to be expended in the early design phase and operational teething trouble can be expected. Therefore a strategic approach and thorough scrutiny is required in a structured manner. Piloting will likely be required. Subsequently, team building and continuity will be necessary.

Example Application:
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Project: US$220 - $306M Titanium Production Process (click for details)
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Status: Business Case Development

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Project Objectives: Production of 50,000 tons per year TiO2 pigment by either sulfate or chloride methods.

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Scope of Study: Evaluation of alternative processes for producing pigment TiO2 from sulfate and chloride methods.

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Workshop Output: Recommendation of process change with significant schedule acceleration advantage and operational cost savings

The TEAM FOCUS Group Value and Risk Management approach is an excellent framework for conducting the Technology Selection VIP for best results.

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