This article examines the allowances and contingencies that are needed in Turnaround estimates, the different methods used for calculating them, and how much money is typically allocated and required. From this, it provides some
Approximately 1 in 4 turnarounds are considered to be total “train wreck” failures, and nearly 80% of all turnarounds do not meet established goals. Organizations with best in practice processes and procedures can find
A compelling case will be presented for aggressively driving towards an optimum state of readiness by showing industry data relationships between turnaround readiness and outcomes. The paper will describe the preparation practices that are
It examines the current state of cost estimating techniques in the field of process facility maintenance turnarounds and offers suggestions on how to improve cost estimate accuracy, by adapting ideas from the capital project world.
This article discusses the importance of turnarounds to the bottom line, the special challenges associated with Oil Sands turnarounds in Alberta, and the practices that can lead to superior performance. The data presented are