Handover costs for a USD 1 billion facility can be up to USD 20 million. It is therefore critical for owner operators to achieve timely EPC handover and avoid production delays caused by incorrect or incomplete asset data. It is fair to say that one of the biggest challenges during information handover is managing, assessing and validating the handover information and quality. The handover documentation often consists of various parts and different types of documents such as drawings, datasheets, certificates, etc., which are available as PDFs, native files, images, and so on.
Managing the handover of data and documentation from projects to operations is especially daunting. The volumes are vast – even a moderate-sized project can contain hundreds of thousands of tags and documents and millions of individual data items. Additionally, documents are often delivered with missing, incorrect or inconsistent data. This way, it’s up to the information managers to ensure that only correct and validated data is loaded into target systems. As a rule, data handover can easily account for 1 to 2 percent of total CAPEX costs and take a year or more to complete.
So how can engineering software help?
My latest article on LinkedIn discusses how engineering software can facilitate project handover. I would like to encourage you to join me on LinkedIn to read the whole article and to share your ideas on the subject.
Business development consultant
Intergraph PP&M EMIA