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Enhancing Asset Lifecycle Management Through Better Routine and Complex Maintenance Practices Louay Zeaiter

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Presentation on theme: "Enhancing Asset Lifecycle Management Through Better Routine and Complex Maintenance Practices Louay Zeaiter"— Presentation transcript:

1 Enhancing Asset Lifecycle Management Through Better Routine and Complex Maintenance Practices Louay Zeaiter

2 Copyright ©2009, Oracle. All rights reserved. Section Overview Oracle in Oil & Gas Asset Lifecycle Management Document Visualization Enterprise Project & Portfolio Management Conclusion/Questions

3 Copyright ©2009, Oracle. All rights reserved. 3 Oracle Solutions Manage the Complete Lifecycle Oracle Maintenance Focus

4 Copyright ©2009, Oracle. All rights reserved. Asset Lifecycle Management

5 Copyright ©2009, Oracle. All rights reserved. Why is Asset Lifecycle Management Important in the Oil & Gas Industry? The principles of the asset lifecycle have become more refined as Oil & Gas business models change and the spotlight of the regulator begins to focus on asset value and performance measures. There is now a greater dependency and need for the business to optimise the balance of risk and safety, cost and performance for all capital asset intensive projects Best practices in asset management is now about linking business strategy and values to key business processes across the asset lifecycle – value lies in supporting asset lifecycle decision- making

6 Copyright ©2009, Oracle. All rights reserved. Asset Management At-a-Glance Create schedule Allocate / procure materials & services Maintain, repair, build, or dispose Planning and Execution Tracking & Compliance Track and report projects & costs Verify compliance Manage performance Asset Strategy Perform total cost analysis Develop asset & spares strategies Establish 3 rd party relationships Breakdown & Response Identify unplanned maintenance / repair Approve / schedule work request Some Enterprise Asset Management vendors can mitigate the costs of a best-of-breed strategy by providing ready-to-use, fixed-price, productized integration; however, many buyers we talk to are looking for single-vendor solutions that provide fewer risks in relationship management and future upgrades. – Kristain Steenstrup, Research Vice President

7 Copyright ©2009, Oracle. All rights reserved. 7 Asset Lifecycle Management Plan Build / Acquire Operate / Maintain Retire / Dispose Commission Project Management Advanced Collaboration Tools Asset Maintenance Financial Management ContractorsSuppliers External Requirements Specifications Drawings Schedules Defects Orders Asset Intelligence Asset Portfolio Mgmt OperationsEngineering Internal Global Asset Repository

8 Copyright ©2009, Oracle. All rights reserved. Oracle Asset Lifecycle Management Install Design/ Specify Business Modeling Business Modeling Capital Plan Operate Maintain Construct/ Procure Manage Budget Dispose eAM EPPM Autovue Decommission 80% of Maintenance Cost Determined by Design 60% of Quality Problems Are Equipment Related Knowledge Transfer Loss 10-20% of Total Investment

9 Copyright ©2009, Oracle. All rights reserved. KPIs, Charts, Comparisons Transactions Costs Updates WO Updates, Catalogs ProcurementManufacturingInventoryProjectsTeleservice Suppliers Service Request Linked to Work Order Customers Time & Attendance Receiving Project / Task, WO Costs Accounts Payable General Ledger Accounts Receivable Fixed Assets Asset Tracking Property Manager Posting Integration Chart of Accounts WO Billing Asset Capitalization Requisition & PO Changes, AP-to-PO Matching & Reconciliation, AP-to-FA Mass Additions Employees & Skills Asset Location Subcontracting Production & Maint WO WO Materials, Reqs Linked to WO & Workflow iSupplier Portal Intelligence Balanced Scorecard Time Entry Out-of-the-Box Enterprise Integration Link to ALL Business Functions Across the Enterprise Leases & Contracts Human Resources PRIMAVERA AUTOVUE

10 Copyright ©2009, Oracle. All rights reserved.

11 Document Visualization

12 Copyright ©2009, Oracle. All rights reserved. Differentiate your Oracle ALM and Asset Management solutions by adding document visualization and collaboration capabilities to your business processes Add unique value to asset management processes What makes up Oracles Visual ALM Solution? Visual ALM = AutoVue Enterprise Visualization + Oracle Asset Lifecycle Management Solutions

13 Document Collaboration Challenge The Asset Information Management Challenge Enormous volume of varied information Too many islands of information Engineering data locked in engineering Rapidly changing environment Multiple versions of the truth Increasingly complex compliance requirements Specialized information is left out of the enterprise network

14 AutoVue Enterprise Visualization Collaborate Securely on Any Document View, access and share any document type Add digital annotations and comments Collaborate in real-time via the Web Access document online and offline Integrate into back office, content management, front end solutions Maintain data security and integrity Print & batch print documents Contracts, RFIs,… Floor Plans, 2D Specs… 3D models, assemblies…

15 Oracles AutoVue Annotations speed up reviews and approvals Annotations/Red lines as separate layers Graphical and textual components Multiple levels of annotations Original document not affected

16 AutoVue Visual Applications Capitalize on Asset Information to Drive Process Innovation Connect islands of info Visual context within business processes – PPM – validate tasks feasibility – ALM – improve workforce productivity Enrich visual context throughout asset lifecycle – Visually document changes of configuration – Capture repair best practices Install Design/ Specify Business Modeling Capital Plan Operate Maintain Construct/ Procure Manage Budget Dispose Decommission eAM Primavera Projects AutoVue 80% of Maintenance Cost Determined by Design 60% of Quality Problems Are Equipment Related Knowledge Transfer Loss 10-20% of Total Investment

17 Copyright ©2009, Oracle. All rights reserved. Attachments

18 Copyright ©2009, Oracle. All rights reserved. Attachments

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21 Copyright ©2009, Oracle and/or its Affiliates. All rights reserved. Enterprise Project & Portfolio Management (EPPM)

22 Copyright ©2009, Oracle and/or its Affiliates. All rights reserved. Oracle Enterprise Project Portfolio Management Single Corporate System of Record Enterprise Resource Management Project Portfolio Management Human Capital Management Supply Chain Management Enterprise Performance Management OLTP & ODS Systems Desktop Collaboration Processes Excel XML Business Process Financial Management Governance Risk & Compliance Financial Operations Strategic HCM Processes Workforce Admin. & Management Workforce Service Delivery Product Lifecycle Management Transportation & Logistics Procurement/ Value Chain Planning Strategy Management Profitability Management Business Planning Portfolio Management & Optimization Resource Management Program & Project Management Risk Management Project Financial Management

23 Copyright ©2009, Oracle. All rights reserved. Enterprise & Plant Challenges: Integration to Drive the Optimization of Capital, Assets and People Capital Investment Strategically managing portfolios Assessing, modeling and mitigating risk Enhancing visibility of EPC partners Managing complex programs & projects Asset Efficiency Managing scope changes quickly Access to real-time data Collaboration throughout the company Metrics/measurement to drive KPIs Talent Shortage Assigning the right people to the right projects Leveling resources and resource optimization Poor resource utilization

24 Copyright ©2009, Oracle. All rights reserved. Optimizing Existing Assets: Operational Excellence Drives Success in a Down Economy Can we prioritize the maintenance backlog? Do we have the right – or enough – resources and capacity for success? Have we considered major risk factors including suppliers/service providers, weather, etc? Can we leverage best practices to reduce planning time and mistakes? Can we effectively communicate status/progress internally and externally? Plan Can I collaborate/coordinate with service providers through the project lifecycle? How do I balance resources across daily work, turnarounds and capital projects? Can I level resources to avoid over-allocation? Are we preventing scope creep? How can I continuously assess schedule & cost risk effectively? Execute Can I improve unplanned downtime through better resource management? Will I minimize safety issues if I have the right people on the right projects? Can I increase wrench time and craft productivity with a diminishing pool of resources? Will I be able to measure service providers/contractors performance? How can I improve ROA and asset efficiency for stakeholders? Measure

25 Copyright ©2009, Oracle. All rights reserved. Optimizing Existing Assets Reducing Daily & Shutdown/Turnaround Maintenance Costs Scheduling and leveling resources – both labor & equipment – from EAM applications to avoid over-allocation Adopting best practices and leveraging past experiences Assessing costs and schedule risks Challenge Optimal resource use by getting the right people on the right projects at the right time Capturing standardized processes for re-use (e.g., project templates) Enabling risk simulation (e.g., Monte Carlo) and analysis of projects Solution Kuwait National Petroleum Company reduced shutdown duration by 7% and saved over US$21M year Marathon Oil avoided costly mistakes and delays by integrating processes with contractors Total is reducing costs by adopting project risk management practices Results

26 Copyright ©2009, Oracle. All rights reserved. Doing More with Less: Get the Right People On the Right Projects at the Right Time How do I forecast my resource requirements 5, 10, 15 years into the future? How do I ensure I have the right resources for the project? Are we over/under allocating resources? Do our partners or service providers have the necessary skill sets? Plan How can I quickly adjust for illness and other risk factors? If my other projects are delayed how does this affect my resource plan? Can I continuously monitor projects for issues and resource bottlenecks? How do we ensure adequate communication between the resources and project controls? Execute Has craft productivity increased? Are we capturing best practices for the next generation? Did we reduce errors by assigning the right skill to the right task? Are resource constraints delaying the delivery of the project? Measure

27 Copyright ©2009, Oracle. All rights reserved. Optimizing Existing Assets Reducing Daily & Shutdown/Turnaround Maintenance Costs Solution 1: Optimal Resource Use View available resources Avoid over allocation of resources Solution 2: Capturing Standardized Processes Develop best practices

28 Copyright ©2009, Oracle. All rights reserved. Optimizing Existing Assets Reducing Daily & Shutdown/Turnaround Maintenance Costs Solution 2: Enabling Risk Simulation Map risks to activities View results for the entire project or selected WBS Show probability of success and contingency needed See the impact of risk on project, activity dates and cost

29 Solution Benefits Maintenance Capital Projects Operation Enhance routine maintenance and refinery turnarounds Improve field service operations with greater asset visibility Capture As-Maintained plant configuration changes Improve communication & collaboration by breaking down information silos Improve multi-team collaboration for expedited capital project expansion and construction Prevent and protect against claims Improve field and back office access to and collaboration around critical documents and design files Enable fully integrated document review, collaboration, control and audit capability

30 Copyright ©2009, Oracle. All rights reserved ALM + EPPM + Document Visualization Enables You To… Manage the Full Asset Lifecycle Drive transparency into project decision makers and business decisions Improve means to control project/program costs and delivery time Balance and manage internal and external project resources Expedite project delivery with improved collaboration on visual data 9 Drive Maintenance Best Practices 1 Replace Standalone Maintenance Mgmt Systems Improve interoperability and break down information silos Maximize plant reliability by assessing and addressing risks early

31 Copyright ©2009, Oracle. All rights reserved. Q & A


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