capital project management

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.

Reliability Engineering for Maintenance

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

Reliability Engineering for Maintenance

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.

Emerson Launches Project Certainty

DENVER - Addressing a growing industry demand for transformational improvements in capital project execution, Emerson today launched Project Certainty, an innovative technology and engineering-based approach for improved capital efficiency and more reliable project schedules.

Reliability Engineering for Maintenance

Maintenance Triage: Identifying Sick and Injured Assets to Improve Population Health

Attempting to contextualize generally obscure statistical predictions about machines is an all too common practice. While statistics and predictive analytics are not new concepts, they have not yet been applied deeply enough to mechanical processes to be embedded in the vernacular. With a focus on the actionability of analysis, similes help to convey the messages.

This article presents one of them.

Reliability Engineering for Maintenance

How Efficient Communications are Damaging Projects

By Russell Harley

This may sound difficult to believe, but it can be true. In the definition of efficient we find the following: "achieving maximum productivity with minimum wasted effort or expense." While this is great for busy executives and companies, it is terrible for projects, especially when it comes to communicating about the project with others.

capital project management

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

Reliability, Resilience and Damage

Add Energy celebrates Global Contract with BP for Maintenance Build Centralization

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

Emerson Launches Project Certainty

Maintenance Triage: Identifying Sick and Injured Assets to Improve Population Health

How Efficient Communications are Damaging Projects