This area of work often represents a small percentage of the overall project cost yet is critical to businesses realising their investment. Here are some common pitfalls that businesses face when doing this work in-house without having the necessary time or expertise available:
- Lack of definition and/or alignment between project and business strategy and drivers.
- Lack of advance planning, often leading to “last-minute” emergent maintenance or asset upgrades.
- Project success criteria poorly defined making it harder to:
- Differentiate between each option, highlighting benefits and risks.
- Set framework for assessing technical and commercial viability of each option.
- Monitor for cost and time overruns.
- Harder to trace accountability of each party involved to achieve project goals.
Why RB Plant?
- We are a leading consultancy in supporting clients in planning and sanctioning CAPEX projects.
- We adopt a tailored approach that starts with reviewing the clients’ business drivers and ensuring that each CAPEX project option is aligned as closely as possible to these drivers.
- We have executed CAPEX projects across a wide range of sectors and for clients of diverse sizes from small to larger “blue-chip” companies.
Our team of project managers and engineers have:
- Helped clients to avoid all the above pitfalls and more.
- Decades of expertise acquired from both a manufacturing/operating as well as a design office environment.
- Led and participated in the influencing process to achieve alignment between and buy-in from client operations, projects and executive stakeholder’s teams.
Here are some examples of where clients have benefitted from our CAPEX expertise:
- Reducing operating costs for example energy usage or shutdown frequency and duration.
- Identifying and/or developing alternative manufacturing routes for example to reduce hazardous inventory or eliminate intermediate chemical from complex supply chain.
- Developing a robust Basis Of Safety case for a process which has the potential to become a Major Accident Hazard (MAH) thereby satisfying the HSE.
- Whether to refurbish and/or relocate existing process equipment or install new.
- Integrating new process plant whilst having minimal impact on existing operating plant.
What we do For each option we will typically present:
- Financial analysis including Return On Investment (ROI).
- Technical risks and feasibility.
- Proving or development work to confirm feasibility.
- % Likelihood of success.
- Project timescales, milestones and resources required with interdependencies.
- Timescales required for existing plant to be out of service to allow interfacing with new plant.