How do we identify capital savings for major projects?

Solution Employed Capital Projects Service Employed Advanced Benchmarking Methodology (ABM) Benefits Achieved • Achieved cost savings of $5 million USD • Mitigated turnaround execution risk and labor productivity risk • Validated key components of the funding estimate Challenge A team was tasked with delivering a $100

How do we optimize long-range turnaround plans?

Solution Employed Benchmarking and Predictive Analytics Service Employed Turnaround Long-Range Plan Benchmarking Benefits Achieved • Optimized long-range turnaround plan for cost, risk, and lost profit opportunity (LPO) • Benchmarked costs for planned turnarounds based on units involved, interval, and economies of scale • Assessed cost and schedule risk

How Do We Set a Competitive Five-Year Turnaround Plan with Reliable Estimates?

Solution Employed Benchmarking and Predictive Analytics Service Employed Turnaround Scope Benchmarking and Early Conceptual Benchmarking (ECB) Benefits Achieved • Establishment of a competitive and realistic long-range turnaround plan • Analysis of how early cost, schedule, scope, and labor estimates compared to Industry average and top quartile performers •

How do we build stakeholder alignment for a megaproject?

Solution Employed Capital Projects Service Employed Project Excellence and Assurance Consulting (PEAC) Benefits Achieved • An actionable plan, complete with required activities, was developed to build alignment between a large group of stakeholders • Business objectives for the project were clarified • Stakeholders gained the requisite knowledge to overcome roadblocks

How do we manage and maintain quality risk management?

Solution Employed Capital Projects Service Employed Enterprise Risk Management Program Development Benefits Achieved • Visibility of risks and actions across multiple, diverse business operations established • Standardization of risk management practices • Significant reduction in time spent producing management-level reporting • Millions of dollars, and potentially lives, saved due

2020-11-06T16:21:56-05:00November 2nd, 2016|Capital Projects Case Study, Case Studies, News & Insights|

How do we improve the value delivered by plant-based project systems?

Solution Employed Capital Projects Service Employed Value and Competitiveness Assessment of Plant-Based Projects (VCAP) Benefits Achieved • Nearly all projects achieve technical and business objectives • Project backlog decreased • Project selection process optimized • Project resource deployment streamlined • Identification of improvement opportunities and recommendations to save millions

2020-11-06T16:21:43-05:00October 21st, 2016|Capital Projects Case Study, Case Studies, News & Insights|

How Can We Effectively Deploy and Manage Our Work Process Across All of Our Sites?

Solution Employed Innovative Cloud-Based Tools Service Employed Deployment of Turnaround Work Process via NaviTrack Benefits Achieved • 10 percent reduction in turnaround cost and schedule • Better adherence to using and following the work process • Reduced probability of turnaround “trainwrecks” Challenge A large

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