Prospectus Available | “Benchmarking Field Labor Productivity” Joint Industry Research Study

Asset Performance Networks is seeking sponsors for the “Benchmarking Field Labor Productivity” research study, part of the company’s joint Industry Benchmark Research Initiative

The recently launched (Asset Performance Networks) AP-Networks Benchmark Research Initiative gives Industry leaders a direct line to the AP-Networks Research, Benchmarking, and Predictive Analytics team. For the first time, owner companies have the unique opportunity to help guide the company’s research into solving challenging, impactful problems facing Industry. You can read more about the Benchmark Research Initiative here.

Top performers in Industry recognize that continued improvement of turnaround planning and execution is critical to remaining competitive in the field. AP-Networks’ first research initiative, Benchmarking Field Labor Productivity, will help companies reduce turnaround costs and duration by better understanding the practices and factors that contribute to event productivity.

The main objectives for the research include:

• Developing an Industry standard for quantifying the amount of work completed per labor hour paid
• Quantifying labor productivity
• Defining a set of key performance drivers and best practices
• Developing a list of practice-specific norms to improve productivity
• Helping Industry improve field labor productivity and turnaround performance

Interested parties are encouraged to reach out to AP-Networks Analyst Brian Riggs at briggs@ap-networks.com for information regarding study scope and participation.

About Asset Performance Networks

AP-Networks is the trusted leader for improving asset and operational performance in petroleum, chemical, and energy companies worldwide. We work with our clients’ most critical assets—their people, processes, and production facilities—to help them achieve safe, competitive, predictable outcomes on their high-risk events, namely capital projects and turnarounds. Our consultants are internationally recognized leaders and experts in project management, turnaround management, operations, benchmarking, risk management, and more. Our team leverages proprietary, data-driven tools that help our clients Aim Higher to achieve superior business outcomes and Aim Smarter to drive breakthrough performance. For further information regarding our full range of products and services, please visit us at www.AP-Networks.com.

Media Contact: communications@ap-networks.com