Date / Time:
Friday, December 14, 2018
11:15 am – 12:00 pm Registration & Networking
12:00 pm – 1:00 pm Lunch & Program
1:00 pm – 1:45 pm Networking
“The New Emerging Best Practices for Digital Assets Handover by EPCs to Owners”
In the new world of digital transformation, what is the best practice for delivery of the digital asset during information handover? This is a question that has long troubled both EPCs and owner operators, but there is a new guideline emerging – the Capital Facilities Information Handover Specification (CFIHOS). CFIHOS is a strategic part of a digital transformation strategy that is based on mandatory use of CFIHOS guidelines, combined with leveraging smart, data-centric software to manage the data during the project and facilitate the transition to operations.
For the Owner: Provision of data during handover to operations – whether incomplete, insufficient, or existing in incompatible formats, will potentially delay ‘First Production’ schedule. This will increase owner side project costs, and operational costs going forward. Industry experience shows that handover using traditional methods can be as high as 6 to 8 percent of the capital project cost. Successful implementation of the new industry standard, CFIHOS could reduce this to between 2 and 4 percent!
For the EPC: Adoption of CFIHOS based project delivery methods allows for reduction of cost, so as to win business, enables further optimization of internal project work processes, and facilitates a consistent, known methodology that removes the need to know what to handover as it is already recognized as the company best practice.
Join Mac McGarrigle, from the Hexagon PPM Digital Transformation Practice, who will explain the win – win situation CFIHOS provides for both the owners and EPC in a part of this digital transformation journey.
Mac McGarrigle, Enterprise Business Process Consultant, Hexagon PPM
Mac McGarrigle – Enterprise Business Process Consultant and a member of the Digital Transformation Practice at Hexagon PPM. More than 49 years’ experience in the Process, Power, Mining, and Marine industries. Mac provides strategic Digital Transformation consulting services from best practice Project Execution and Technical Information handover to on-going Operational improvement opportunities for Owner/Operator clients globally. This includes not only the Intergraph SmartPlant suite of tools but also CMMS, Reliability, Inspection, and Control System integration to support those strategies.
- $25 per person for online registration ($35 per person at the door)
- Free for Rice Students (registration required in advance)
- $15 for Rice Faculty (registration required in advance)
Online registration will close at Noon on Thursday, December 13, 2018. A boxed lunch will be served.
Location & Parking:
Grand Hall in the Rice Ley Student Center
Detailed campus maps are available on the web at http://www.rice.edu/maps/. The Ley Student Center is located in the central part of Rice campus. The Central Campus Garage, which is the closest parking facility, is located to the across the street from the Student Center.
In the possibility the underground parking is full, the second closest parking is the West Lot. Continue down the Laboratory Loop Road to the stop sign. The campus also offers a bus shuttle that runs about every 15 minutes as it loops the campus.
Note: In order to protect the privacy of the luncheon attendees, the list of attendees is not published or distributed.
This Roundtable qualifies for one (1) Professional Development Hour (PDH). Your email confirmation at completion of registration serves as your PDH and payment receipts. Paper receipts may be picked up at the registration desk at time of check-in.