Only two methods of controlling cost on an STO event are effective, 1) control the scope of work 2) control the indirect costs. The latter is the most profitable. Only two methods of controlling schedule overruns on an STO event are effective, 1) increase worker wrench-time 2) execute a flawless, early start-up. The latter is the […]
No longer can we afford to employ $100.00/bbl methodologies and ad hoc technology tools to plan, manage, and control shutdowns, turnarounds, and outages in the upstream oil & gas industry (or any manufacturing sector for that matter). Why? Well, not only are many of them outdated, most are ineffective, requiring more resources, time, expenses, and effort to manage. Something we can no longer justify at $40.00/bbl.