Leading Korean engineering company Hyundai Engineering has achieved cost savings of more than 20 percent in engineering rework man-hours on a multi-billion dollar petrochemical plant project with the Intelligent Design Basis Verification (IDBV) solution, a new customization for Intergraph Smart 3D that automates the process of verifying and confirming engineering design work.
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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. How can engineering software help?
HxGN TV: Take a closer look at Smart 3D 2016 with Technip.
We recently sent out a survey to EPCs and owner operators to learn about your handover headaches. After compiling the data, we used the most striking responses to create an infographic to share with you. If you’d like to learn more about the survey and what we found, we expanded on our findings in a white paper, “The Big Handover Challenge – Supporting Handover During Both Projects and Operations,” which can be downloaded from this blog post.