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capital project management

Three Things You Need to Know About Capital Project Prioritization

Three Things You Need to Know About Capital Project Prioritization

“Why do you think these two projects rank so much higher in this method than the first method?” the facilitator asked the director of reliability.

Designing for Reliability in Capital Projects and Supporting Operational Excellence

Designing for Reliability

An Introduction to a Common Sense Strategy

This presentation will provide a framework for mapping operational excellence into the capital projects process and designing for reliability, reviewing operational excellence principles with a view on how to integrate those principles in the design and capital projects process, providing for reliability and availability, ease of operation and ease of maintenance.

Design for Reliability (DfR): A Practical Case Study

Design for Reliability (DfR): A Practical Case Study

Designing for reliable sustainable assets is paramount in any capital project, yet most projects forgo design for reliability (DfR) and follow a typical asset lifecycle approach without much attention to design-related defects and how they impact maintainability, operability, reliability, energy (MORE), etc.

Making the Case for Your Capital Project Through Business Case Evaluation

Making the Case for Your Capital Project Through Business Case Evaluation

Business case evaluations (BCEs) are used as integral parts of comprehensive asset management and capital improvement programs (CIPs) to make good capital investment and decisions. 

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 Shell Deepwater Selects Bentley’s iTwin Platform for Project Delivery

Shell Deepwater Selects Bentley’s iTwin Platform for Project Delivery

Bentley invests in FutureOn for subsea planning, engineering and visibility

EXTON, Pa. – Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twin cloud services for advancing the design, construction, and operations of infrastructure today announced that Shell’s Deepwater business has selected Bentley’s digital twin approach to streamline its capital projects process and accelerate time to first oil.

 Bentley Systems Announces the Acquisition of GroupBC

Bentley Systems Announces the Acquisition of GroupBC

LONDON, UKMarch 11, 2020 –Bentley Systems Announces the Acquisition of GroupBC, UK Leader in Cloud Services for Construction Information Management

Utilizing the Uptime Elements in the Design Phase

Utilizing the Uptime Elements in the Design Phase

Denver Water's ten-year capital plan encompasses the replacement and refurbishment of numerous assets within our vast infrastructure with expenditures forecasted to exceed 1.8 billion dollars.

From Mentoring to Monetizing: The 4 Conversations You Need to Have for an Effective PdM Program

From Mentoring to Monetizing: The 4 Conversations You Need to Have for an Effective PdM Program

TRC-2018 Learning Zone 38:10
by Sean O'Connor, JLL

Let’s face it, having conversations can be difficult. They can be especially difficult when discussions fall outside of our comfort zones. For instance, information technology and finance may not be at the center of our day to day world, but as the Industrial Internet of Things progresses these areas will play a larger role in our success. Great communicators have this seemly innate ability to shape and contour their message depending on who they are talking to, all the while not changing their principal intent. Managing a Predictive Maintenance Program is no different. For example, a single defect highlighted on a vibration report could trigger a series of conversations across our organization. All of those conversations will have a common theme, but the focus will shift in order to resonate with whom we are actively engaged with at that time. We will discuss the importance of building leadership capital and how we can improve our PdM Program by knowing how and when to cash it in. From there we will talk through the importance of understanding how expectations and perspective play a role in gaining widespread participation. There are 4 key conversations that can help you shift from individual contributor to force multiplier.

How MedImmune Kicked Their Cogeneration Project into Overdrive

How MedImmune Kicked Their Cogeneration Project into Overdrive

MedImmune is the biologics and biotechnology research and development (R&D) arm of the pharmaceutical and biopharmaceutical manufacturer AstraZeneca. MedImmune is the mind behind many popular pharmaceutical products on the market today, including Synagis®, a preventative treatment against severe respiratory infections in infants, FluMist®, an influenza vaccine administered as a nasal spray, Imfinzi®, an immunotherapy for cancer, and monoclonal antibodies Fasenra® and Siliq.

 Going Digital: Bentley Announces iModel 2.0 Cloud Platform and Its iModelHub Cloud Service

Going Digital: Bentley Announces iModel 2.0 Cloud Platform and Its iModelHub Cloud Service

Seamlessly Overlays Current BIM Processes, Augmenting ProjectWise Design Integration to Enable Digital Workflows for Connected Projects and Connected Assets

ROI Calculations for Online Condition Monitoring Systems

ROI Calculations for Online Condition Monitoring Systems

Continuous condition monitoring (CM) is advised for those assets that run continuously, perform functions that are crucial to the production process, have grave failure consequences, are expensive to maintain, or pose a risk to personnel safety and the environment.

Before launching a CM program, though, plant operators have to identify the goals, such as increasing machine uptime, preventing failures of critical machines, protecting workers from the consequences of machine damages, or enhancing product quality.

 Emerson Launches Industry-first Controller Designed for Automation Versatility and IIoT-enabled Ops

Emerson Launches Industry-first Controller Designed for Automation Versatility and IIoT-enabled Ops

DeltaV™ PK Controller simplifies capital projects, readies organizations for operational benefits of IIoT

Integrated Capital Projects

Whether it’s driven by gaining a competitive economic advantage or maintaining compliance with new regulations, capital projects are introduced in order to improve existing facilities.

When ...

Reciprocating Pumps: System Modification for Maintenance Improvement

Reciprocating Pumps: System Modification for Maintenance Improvement

System modification is an economically viable option to restore mechanical integrity, achieve optimum operation and reduce maintenance costs. This is realized through the development of a system modification program for a reciprocating pump with recurring leakage failures.

 Siemens and Bentley Systems Advance Strategic Alliance Including Joint Investment Initiatives

Siemens and Bentley Systems Advance Strategic Alliance Including Joint Investment Initiatives

To realize new growth opportunities in industry and infrastructure through integration of complementary digital engineering models

 Bentley Systems and Topcon Join Forces to Advance Cloud Services for ‘Constructioneering’

Bentley Systems and Topcon Join Forces to Advance Cloud Services for ‘Constructioneering’

Engineers’ connected data environments will span survey and construction processes for comprehensive project delivery benefits

 Emerson Targets $1 Trillion in Industry Losses with Operational Certainty™ Program

Emerson Targets $1 Trillion in Industry Losses with Operational Certainty™ Program

Emerson helps companies improve earnings as much as 15 percent and achieve Top Quartile performance

Reliability, Resilience and Damage

Reliability, Resilience and Damage

Research currently being carried out by the Center for Risk and Reliability, University of Maryland1, and funded by the U.S. Navy is aimed at quantifying reliability in scientific terms. The present study “relies on a science-based explanation of damage as the source of material failure and develops an alternative approach to reliability assessment based on the second law of thermodynamics.” Current reliability calculations are predisposed to a single failure mode or mechanism and assume a constant failure rate, while this research implies that reliability is a function of the level of damage a system can sustain, with the operational environment, operating conditions and operational envelope determining the rate of damage growth.

 Add Energy celebrates Global Contract with BP for Maintenance Build Centralization

Add Energy celebrates Global Contract with BP for Maintenance Build Centralization

Add Energy, an international oil and gas upstream consultancy, has agreed a new global maintenance build data centralisation contract with BP

 Shell Takes Final Investment Decision to Build a New Petrochemicals Complex in Pennsylvania, US

Shell Takes Final Investment Decision to Build a New Petrochemicals Complex in Pennsylvania, US

Shell Chemical Appalachia LLC (Shell) has taken the final investment decision to build a major petrochemical complex, comprising an ethylene cracker with polyethylene derivatives unit, near Pittsburgh, Pennsylvania, USA. Main construction will start in approximately 18 months, with commercial production expected to begin early in the next decade.