the data centric approach to project execution

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In this presentation, see how the AVEVA Data-Centric Digital Asset enables efficiency through all phases of the project, driving potential savings of 10% of Total Project Cost through: improved collaboration; alignment of accountability; faster decision/actions cycles; reduction handover to operations costs; and reductions in overhead and indirect costs. Also, through enhanced accessibility to all asset information, annual OpEx costs can be reduced 20-30% by reducing time spent finding and validating engineering information; enabling data analytics that can increase plant reliability; reducing maintenance and turnaround costs; and improving operations and maintenance training and planning.

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Page 1: The Data Centric Approach to Project Execution

In this presentation, see how the AVEVA Data-Centric Digital Asset enables efficiency through all phases of the project, driving potential savings of 10% of Total Project Cost through:

✓ improved collaboration; ✓ alignment of accountability; ✓ faster decision/actions cycles; ✓ reduction handover to operations costs; and✓ reductions in overhead and indirect costs.

Also, through enhanced accessibility to all asset information, annual OpEx costs can be reduced 20-30% by reducing time spent finding and validating engineering information; enabling data analytics that can increase plant reliability; reducing maintenance and turnaround costs; and improving operations and

maintenance training and planning.

Page 2: The Data Centric Approach to Project Execution

One Core philosophy…

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For everyPhysical Asset…

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There must exist a Digital Asset

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Both assets need to be managed and sustained to ensure mechanical

integrity and safe operations. Each is an exact replica of the other!

What is a Digital Asset?

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Engineering Information Asset

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10% TIC Savings is on the table

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••••••

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Engineering Information Asset

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••

••

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Insulation needs to be added

Insulation clashes

Equipment Datasheets need to be updated

and re-issued

Pipe stress calcs need to

be re-assessed

Pipe has now become safety

cricital

P&IDs need to be updated

and re-issued

Spec Change

Wrong piping/equip-ment specs to

suppliers

Planning is no

longer valid

Rework

DelaysCost

Overrun

Company reputation

Wasted materials

Re-ordering

Change of one single

Temperature value

Different Instrument

arrangement needed

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Lists and Datasheets are all aligned with 3D models and schematics,

ensuring quality deliverables

Avoiding procurement errors

and delays

Avoiding rework in construction

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10% TIC Saving Through a Digital Asset Approach to EngineeringPatrick Reilly, Managing Partner, Vista Projects

June 21, 2017

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Overview

Vista – Starting 3rd major project with a fully integrated and data centric approach

“Start Early” Strategy

Incremental improvements to business processes each project

Continual Improvement from a new Digital Base

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Benefits in Conceptual / FEED Engineering

P&IDs Integrated with Line List - Auto Line List Generation

P&IDs Integrated with Instrument Index - Auto Instrument Index Generation

P&ID Integrated with 3D Model – Auto Validation

3D Modelling Efficiency

Plot Plan Integrated with 3D Model

Reduced Piping Stress Cycles

Electrical Cable Schedule Integrated with 3D Model

Ease of Access to Information / Data

Work from the latest information – not the last issued

A common misconception is that a digital asset approach is too rigorous for early engineering.

Experience shows that it will save 15% and produce better results

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Benefits in Detailed Engineering

Elimination of unnecessary 2D deliverables

Integration with Fabrication

Integration with Commissioning

Integration with Material Control

Integration of FIWP creation

Ease of Access to Information

Reduced Project Tracking Burden on Technical Staff

Elimination of unnecessary deliverables and streamlining between systems can provide significant savings in detailed engineering.

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Challenging the Status Quo

Can you propagate engineering and design changes quickly and reliably across all disciplines?

Can you incorporate late changes to design with minimal impact to execution?

Can you quickly and reliably recalculate TIC as the design changes?

Can you incorporate additional cost reduction cycles without impacting schedule?

Do your projects pass over from good ideas that are too late?

Can you reliably and automatically produce engineering and construction deliverables from your source tools?

Do you resort to offshore “value” centers to produce deliverables?

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Barriers to Adoption

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About AVEVA

AVEVA software and services enables our customers to solve the world’s most

complex engineering and design challenges. Discover how we can help you

redefine engineering possibilities to successfully create and manage world-class

capital-intensive assets. Headquartered in Cambridge, England, AVEVA employs

more than 1,600 staff in 50 offices around the world.

www.aveva.com

@avevagroup

Linkedin.com/company/aveva