Tag: Planning

STO Long-Range Planning

STO Long-range Planning is used in the manufacturing industry, in conjunction with EAM (Enterprise Asset Management), to ensure high Process Availability (production throughput) capable of meeting market demand while ensuring Asset and Process Integrity at the lowest risk/cost, coordinating facilities to enhance Resource Availability, not to mention, increasing shareholder profits. No company can sustain its […]

Indirect Cost Savings

Cost control can seem at times as an oxymoron—a contradiction of sorts. How can you control costs when there is legitimate work to be performed within a condensed time frame in an uncertain, dynamic and risky environment? Despite the challenges, there are two major opportunities to control costs on a STO event 1) control scope of […]

STO Risk Mitigation

When Shutdown, Turnaround and Outage Stakeholders discuss risk, during the Strategic Planning Phase of their STO project, their primary focus is on Safety; ensuring workers are protected from potential incidents or accidents. While this is an important initiative, it’s not sufficient to achieve overall STO project success. Only when risk mitigation is implemented, and practised […]