Owners investing in industrial facilities make these investments with the expectation that the venture will generate a good return for the shareholders. To do this the plant will ultimately need to operate as planned with all of the necessary systems for a modern operating business in place and working.
Ensuring that the right systems are in place for full scale industrial operation is ultimately a business responsibility. If the various interfaces are not clear between the business and project teams, there is a real risk of surprises later on in the project when the business systems are found to be inadequate, or do not integrate to the plant systems, or when significant costs have not been adequately provided for in the relevant budgets.
Implementing a new business system as part of a mega-project can be a complex undertaking involving stakeholders in the enterprise that don’t form part of the core project team. These projects often have different timelines, different project methodologies and different reporting criteria. Integrating IT and business systems projects with the capital project requires careful attention to the integration between the various project activities.
In addition to this, the main capital project itself needs systems to control costs, schedule and scope of work being done. These systems involve multiple players including the owner, contractors, EPC contractor and so on.
In this overview practical guide we introduce a number of high level frameworks that will support the various activities that will be undertaken to implement a new business system. Because this is a vast area there will be a series of practical guides that build on these concepts.
Here’s what you will learn:
- The difference between the project life-cycle, the enterprise life-cycle and software life-cycle
- The importance of a program and portfolio approach to running several related IT projects serving the overall business
- How business needs are identified that result in new IT projects that interface with the main project
- The importance of a common enterprise architecture for business systems, project systems and plant systems
- A typical business systems life-cycle
- A generic model for business systems in an industrial context
- A typical suite of systems to support the main project
This Guide is now available to all toolkit members from the OTC Toolkits Membership site. (Log-in required).
See you inside the Toolkits.
– The OTC Toolkits Team