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Aim Higher. Aim Smarter.

Benchmarking & AI

Benchmarking & Artificial Intelligence

Setting Standards & Maximizing Performance

Benchmarking is an essential step on the road to achieving superior outcomes. Here is how we define it: Benchmarking is the process of identifying, understanding, and adapting outstanding practices internally and externally across industry to help your organization improve performance. Creating a path to success is about more than knowing where you’re coming from and where you’re going. You also need to have an idea of what might trip you up along the way.

Our Unrivaled Dataset

AP-Networks has benchmarked thousands of turnarounds and capital projects from leading companies in heavy industry. We have analyzed the drivers of project and turnaround success to identify best-in-class performance levels and associated practices. By comparing your organization’s performance to that of your peers, we can tell you exactly where you stand in relation to the rest of Industry. From there, we can help you identify your strengths, identify gaps, and focus your efforts as needed to create a path to top-quartile performance outcomes.

Our proprietary analytical models, machine learning and use of artificial intelligence enable us to forecast outcomes early in the planning stages of a project or turnaround based on inherent complexity and risk factors. Addressing these factors at the outset of your project or STO allows teams to understand risks and take action to mitigate them.

AP-Networks’ Databases

We have the world’s largest and most comprehensive databases of observations from thousands of unique events. At AP-Networks, we understand that measuring and tracking event performance is essential for long-term operational success. Our databases contain critical information that influences decision-making and allows for the identification of demonstrated practices that lead to successful outcomes. 

AP-Networks Capital Project Database

The Capital Project Database contains information on planned and actual project outcomes, key characteristics and both preparation and execution practices correlated with outcomes. Our data analyses facilitate insights into the causal factors behind successes and failures, benchmarking individual projects against the industry average and top quartile performance.

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AP-Networks Turnaround Database

Our Turnaround Database contains information on planned and actual STO outcomes, key characteristics and both preparation and execution practices that are correlated with outcomes. This database aids clients in making strategic decisions to achieve predictable and competitive outcomes.

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AP-Networks Upstream Turnaround Database

Our Upstream Turnaround Database is a detailed collection of data and analytics taken from upstream STO events. This database allows us to benchmark client events relative to industry and provide insight into the causal factors behind success and failure.

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Essential Benchmarking Services

We’re committed to providing customers with the services necessary to achieve competitive outcomes. Our comprehensive suite of services ranges from our Advanced Benchmarking Methodology and Cost Estimate Risk Analysis to Facilitated Capital Project Risk Workshop and so much more. At AP-Networks, we work alongside our clients to deliver data-driven strategies that will bring your project to successful completion.

Advanced Benchmarking Methodology (ABM)

Advanced Benchmarking Methodology (ABM) is a scope-based methodology that delivers a reliable, accurate approach to project benchmarking and provides clients with a better understanding of their project estimates and targets.

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Project Excellence and Assurance Consulting (PEAC)

PEAC provides project teams with the tools and insights to plan and execute safe, event-free, predictable and competitive projects. These targeted workshops strengthen team integration and optimize project preparation.

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Value & Competitiveness Assessment of Plant-Based Projects (VCAP)

The VCAP service uses structured tools and analytics to evaluate your project system and chart a roadmap to consistently obtain measurable value from projects, establish performance baselines and enable performance monitoring.

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Turnaround Benchmarking

Our Turnaround Benchmarking studies enable the comparison of STOs to industry norms and top performers for all facets of your events, including planned and actual cost performance, cost components, scope, productivity, duration, labor hours, safety and operability.

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Turnaround Scope Index (TSI)

TSI is the result of years of AP-Networks research and serves as the first service of its kind. The index empirically quantifies the turnaround scope by equipment type and process unit type, enabling the benchmarking of scope relative to industry.

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Turnaround Assist Program (T-AP)

The T-AP is a phased series of engagements during which our experienced turnaround associates provide your team with an objective perspective on the current preparation status and actions that are necessary to achieve a successful STO outcome.

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Integrated Turnaround Assist Program (iT-AP)

Our iT-AP engagements enhance the T-AP program by providing an additional quantified focus on successful capital project integration during complex STOs, resulting in aligned event-level teams for preparation and execution.

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Upstream Turnaround Assist Program (UT-AP)

The uT-AP is tailored to optimize readiness and ensure best practices are implemented using comparative data to address the specific challenges and constraints inherent in upstream and offshore shutdowns.

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Early Conceptual Benchmarking (ECB)

Our ECB service is designed to overcome the inherent uncertainties around future planning using the data we have collected in combination with our statistical models to help provide realistic expectations for project parameters.

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System-wide Benchmarking

Our System-Wide Benchmarking service analyzes events at your sites over the course of your selected timeframe to reveal trends, identify issues, and provide recommendations on how you can take events to the next level.

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Single Benchmarking (SB)

Our Single Benchmarking service is a retrospective snapshot of your most recent project or turnaround so that your team can know how your performance stacks up in comparison to the best in the industry.

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Dry Docking Benchmarking and Assessment

Our Dry Docking Benchmarking and Assessment service brings our industry-leading data and analysis techniques to the challenges faced by the maritime and shipping industries in the planning and execution of dry docking.

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Artificial Intelligence & Machine Learning

AI & Machine Learning are at the core of how we process our unrivaled dataset to drive successful project outcomes. Our AI services allow you to leverage our AI tools to drive success based on your needs.

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Digital Platforms

To create a more efficient user experience for our customers, we’ve developed portals specific to our suite of software tools that allow you to access the innovative applications you need for capital projects, turnarounds, shutdowns and outages. With our Digital Platforms, your team can leverage the industry’s most powerful suite of tools and collaborate to drive superior outcomes, all in one place.

Capital Project Network

This network is home to proprietary AP-Networks assurances tools that are empirically proven to produce superior project outcomes. The ever-evolving network places our unrivaled project expertise at the fingertips of every project professional across the enterprise.

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Turnaround Network

The Turnaround Network houses the world’s most innovative digital tools for turnaround preparation and execution. This cloud-based platform is home to proprietary AP-Networks assurance tools and best practices, offering tried-and-tested means of driving strategy, decision making, effective preparation and continuous improvement.

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Upstream Network

The Upstream Network is home to AP-Networks’ digital toolset for offshore and on-shore upstream STOs implemented by industry leaders globally. This cloud-based platform allows our clients to effectively utilize tools that are empirically proven to produce superior outcomes for upstream events.

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Outage Network

The Outage Network hosts industry-proven tools critical for successful power generation outage management. This network is a first-of-its-kind outage management platform, designed exclusively for the power industry. The platform leverages proven tools trusted by the world’s largest global energy companies.

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NEWS

News & Insights

Asset Performance Networks Earns Innovations in Oil and Gas Digital Technology Award 

OCTOBER 2022 At the recent Asian Downstream Summit in Singapore, AP-Networks was recognized with the Innovations in Oil and Gas Digital Technology Award. Managing Director and Co-Founder, Brett Schroeder, accepted the award on behalf of AP-Network…

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