enhancing asset lifecycle management through better routine and complex maintenance practices louay...
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Enhancing Asset Lifecycle Management Through Better Routine and Complex Maintenance Practices
Louay [email protected]
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Section Overview
•Oracle in Oil & Gas
•Asset Lifecycle Management
•Document Visualization
•Enterprise Project & Portfolio Management
•Conclusion/Questions
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Oracle Solutions Manage the Complete Lifecycle
Oracle Maintenance Focus
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Asset Lifecycle Management
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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
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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 totalcost analysis
• Develop asset & spares strategies
• Establish 3rd 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
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Asset Lifecycle Management
PlanBuild /
AcquireOperate /Maintain
Retire /DisposeCommission
Project Management
Advanced
Collaboration Tools
Asset
Maintenance
Financial
Management
ContractorsSuppliers
External
• Requirements
• Specifications• Drawings
• Schedules• Defects
• Orders
Asset Intelligence
Asset Portfolio Mgmt
OperationsEngineering
Internal
GlobalAsset
Repository
GlobalAsset
Repository
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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
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KPIs, Charts, Comparisons
Transactions
Costs
Updates
WO Updates, Catalogs
Procurement Manufacturing Inventory Projects Teleservice
Suppliers
Service Request Linked to
Work Order
Customers
Time & Attendance
Receiving
Project / Task, WO Costs
AccountsPayable
GeneralLedger
AccountsReceivable
FixedAssets
AssetTracking
PropertyManager
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 & WorkflowiSupplier
Portal
Intelligence
BalancedScorecard
Time Entry
Out-of-the-Box Enterprise Integration Link to ALL Business Functions Across the Enterprise
Leases &
Contracts
HumanResources
PRIMAVERAAUTOVUE
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Document Visualization
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• 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 Oracle’s Visual ALM Solution?
Visual ALM = AutoVue Enterprise Visualization + Oracle Asset Lifecycle Management Solutions
AutoVue Enterprise VisualizationCollaborate 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…
Oracle’s AutoVueAnnotations speed up reviews and approvals
• Annotations/Red linesas separate layers
• Graphical and textualcomponents
• Multiple levels ofannotations
• Original document not affected
AutoVue Visual ApplicationsCapitalize 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
BusinessModeling Capital
Plan
Operate
MaintainConstruct/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
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Attachments
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Attachments
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Enterprise Project & Portfolio Management (EPPM)
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Oracle Enterprise Project Portfolio ManagementSingle Corporate System of Record
Enterprise Resource ManagementEnterprise Resource ManagementEnterprise Resource ManagementEnterprise Resource Management
Project Portfolio ManagementProject Portfolio ManagementProject Portfolio ManagementProject Portfolio Management
Human Capital ManagementHuman Capital ManagementHuman Capital ManagementHuman Capital Management
Supply Chain ManagementSupply Chain ManagementSupply Chain ManagementSupply Chain Management Enterprise Performance ManagementEnterprise Performance ManagementEnterprise Performance ManagementEnterprise Performance Management
OLTP & ODSSystems
DesktopCollaboration Processes
ExcelXML
BusinessProcess
Financial ManagementFinancial Management
Governance Risk & Compliance
Governance Risk & Compliance
Financial OperationsFinancial Operations
Strategic HCM ProcessesStrategic HCM Processes
Workforce Admin. & Management
Workforce Admin. & Management
Workforce Service Delivery
Workforce Service Delivery
Product Lifecycle Management
Product Lifecycle Management
Transportation & Logistics Transportation & Logistics
Procurement/ Value Chain Planning
Procurement/ Value Chain Planning
Strategy ManagementStrategy Management
Profitability ManagementProfitability Management
Business PlanningBusiness Planning
Portfolio Management & Optimization
Portfolio Management & Optimization
Resource ManagementResource Management
Program & Project Management
Program & Project Management
Risk ManagementRisk Management
Project Financial ManagementProject Financial Management
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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
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Optimizing Existing Assets: Operational Excellence Drives Success in a Down Economy
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Optimizing Existing AssetsReducing Daily & Shutdown/Turnaround Maintenance Costs
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Optimizing Existing AssetsReducing 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
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Optimizing Existing AssetsReducing 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
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
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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
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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
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Q & A