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
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 •
Solution Employed Benchmarking and Predictive Analytics Service Employed Corporate Benchmarking Benefits Achieved • Cost growth cut in half • Schedule slip reduced by a third • Stronger safety and operability outcomes achieved • Provided increased visibility into planning practices • Identified an underperforming unit class and developed an actionable