Solution

Estimating the costs of construction delays

Description

Based on historical data, this tool estimates the cost of construction delays as well as modelling their impact on production parameters. The simulation software not only identifies where the bottlenecks are but removes them, delivering an implementation, monitoring and support roadmap for management. The software can also generate statistical information, test possible scenarios, conduct risk analysis and create dynamic views for optimisation and experimentation, all without interrupting ongoing operations.

Problems solved

Bottlenecks; loss estimation due to delays

Outcomes

Improved analysis and higher production

Key facts

10-15%

Increased production due to debottlenecking initiatives

>$500m

Income at risk due to construction delays already identified

Tags

construction
development and construction
engineering and planning
metals and mining
oil and gas
production
real-time analytics
simulation modelling

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