Pyxis^© is a web-based risk management tool for capital projects and turnarounds in the petroleum, energy, and chemical industries. Derived from the Greek word for compass, Pyxis^©; helps teams easily navigate the risk management process by providing a means of identifying risks, assessing their impact, and tracking risk response actions on a real time basis. Pyxis^© can be used at all stages in the life cycle of a project or plant turnaround.

Pyxis^© is a proven system that has delivered first class results to a number of the world’s leading energy companies through:

• Improving management visibility into the most critical project or turnaround risks – so they can be properly identified, monitored, and mitigated
• Driving risk accountability throughout the ranks of the organization, with individual assignments, email alerts, and historical action tracking
• Focusing the efforts of the project or turnaround team – so that the team can mitigate the risks with the greatest potential impact to the project or turnaround
• Enabling a standardized risk management process to be used across the organization – ensuring 100% adoption and commitment
• Providing online access to proven best practices and methodologies based on the hundreds of risk workshops AP-Networks has conducted

• Identifying risks associated with the capital project or turnaround
• Categorizing the risks in a structured format
• Evaluating risks based on their potential impact and probability of occurrence
• Prioritizing risks based on their level of manageability
• Developing a comprehensive risk register
• Monitoring and managing risks by means of mitigation and contingency plan development