Webcast:
Shutdown, Turnaround, and Outage Cost Controls Best Practices

Shutdowns, Turnarounds and Outages can put millions of dollars at risk each day. Effective management requires assessing daunting volumes of data in very short time windows. Too often existing planning and controls systems are inadequate for the task at hand, leading to inefficient use of resources and costly overruns.

This webcast will discuss best practices in cost management recently used by Oil & Gas and Utilities owners and contractors to evaluate STO performance at high speed and to minimize costs. Initiatives include integration of cost, schedule and timesheet data; daily earned value reporting; visibility into contractor performance; tailored business rules; and standardization of processes and structures.

Key Lessons:
1. Optimizing the use of industry standard software tools
2. System integration best practices
3. Standardizing processes while allowing for flexibility