Across the globe, AP-Networks’ cloud-based tools have made a measurable impact in helping project and turnaround teams achieve predictable, competitive outcomes. These innovative, data-backed tools are housed within three cloud-based platforms—the Turnaround Network, the Capital Project Network, and the Upstream Network. The Risk Manager can be found in the Turnaround Network and the Upstream Network.
Quantify Risks to Predict Turnaround Outcomes
The Risk Manager is a self-assessment tool that enables turnaround teams to predict the cost, schedule, lost profit opportunity, safety, and operability outcomes of their turnaround based on empirical data from other turnarounds with similar characteristics. These characteristics have been found to be the drivers behind turnaround predictability. In addition to providing risks with specific outcome performance benchmarks, the Risk Manager also highlights specific planning components to focus on in order to minimize the impact of these potential risks.
Backed by Data, Trusted by Industry
The reliability of the Risk Manager has been proven over the years throughout hundreds of turnarounds. It is a tried and true tool rooted in statistical regression models that make use of empirical data from AP-Networks’ engagements with Industry. As the AP-Networks Turnaround Database continues to expand, the tool becomes ever more robust.