The Data Centric Approach to Project Execution
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The presentation discusses how the Aveva data-centric digital asset can enhance project efficiency, potentially saving 10% of total project costs through improved collaboration and reduced operational costs. By enabling better access to asset information, it can also lower annual operational expenses by 20-30%, promoting data-driven analytics for improved reliability and maintenance. A key philosophy is that every physical asset should have a corresponding digital asset to ensure safety and integrity throughout all project phases.
The Data Centric Approach to Project Execution
- 1. In this presentation, see how the AVEVA Data-Centric Digital Asset enables efficiency through all phases of the project, driving potential savings of 10% of Total Project Cost through: ✓ improved collaboration; ✓ alignment of accountability; ✓ faster decision/actions cycles; ✓ reduction handover to operations costs; and ✓ reductions in overhead and indirect costs. Also, through enhanced accessibility to all asset information, annual OpEx costs can be reduced 20-30% by reducing time spent finding and validating engineering information; enabling data analytics that can increase plant reliability; reducing maintenance and turnaround costs; and improving operations and maintenance training and planning.
- 4. There must exist a Digital Asset
- 5. Both assets need to be managed and sustained to ensure mechanical integrity and safe operations. Each is an exact replica of the other! What is a Digital Asset?
- 8. 10% TIC Savings is on the table
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- 21. Insulation needs to be added Insulation clashes Equipment Datasheets need to be updated and re-issued Pipe stress calcs need to be re-assessed Pipe has now become safety cricital P&IDs need to be updated and re-issued Spec Change Wrong piping/equip- ment specs to suppliers Planning is no longer valid Rework Delays Cost Overrun Company reputation Wasted materials Re- ordering Change of one single Temperature value Different Instrument arrangement needed
- 22. Lists and Datasheets are all aligned with 3D models and schematics, ensuring quality deliverables Avoiding procurement errors and delays Avoiding rework in construction
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- 27. 10% TIC Saving Through a Digital Asset Approach to Engineering Patrick Reilly, Managing Partner, Vista Projects June 21, 2017
- 28. Overview Vista – Starting 3rd major project with a fully integrated and data centric approach “Start Early” Strategy Incremental improvements to business processes each project Continual Improvement from a new Digital Base
- 29. Benefits in Conceptual / FEED Engineering P&IDs Integrated with Line List - Auto Line List Generation P&IDs Integrated with Instrument Index - Auto Instrument Index Generation P&ID Integrated with 3D Model – Auto Validation 3D Modelling Efficiency Plot Plan Integrated with 3D Model Reduced Piping Stress Cycles Electrical Cable Schedule Integrated with 3D Model Ease of Access to Information / Data Work from the latest information – not the last issued A common misconception is that a digital asset approach is too rigorous for early engineering. Experience shows that it will save 15% and produce better results
- 30. Benefits in Detailed Engineering Elimination of unnecessary 2D deliverables Integration with Fabrication Integration with Commissioning Integration with Material Control Integration of FIWP creation Ease of Access to Information Reduced Project Tracking Burden on Technical Staff Elimination of unnecessary deliverables and streamlining between systems can provide significant savings in detailed engineering.
- 31. Challenging the Status Quo Can you propagate engineering and design changes quickly and reliably across all disciplines? Can you incorporate late changes to design with minimal impact to execution? Can you quickly and reliably recalculate TIC as the design changes? Can you incorporate additional cost reduction cycles without impacting schedule? Do your projects pass over from good ideas that are too late? Can you reliably and automatically produce engineering and construction deliverables from your source tools? Do you resort to offshore “value” centers to produce deliverables?
- 33. About AVEVA AVEVA software and services enables our customers to solve the world’s most complex engineering and design challenges. Discover how we can help you redefine engineering possibilities to successfully create and manage world-class capital-intensive assets. Headquartered in Cambridge, England, AVEVA employs more than 1,600 staff in 50 offices around the world. www.aveva.com @avevagroup Linkedin.com/company/aveva