How to Apply Project Management Techniques in EPC Projects

Related Vendors

TURCK GmbH

EDL Anlagenbau Gesellschaft mbH

ProMinent GmbH

3D modeling helps companies by using latest design codes and standards to prevent substandard regulatory violations as well as costly and potentially dangerous system failures. 3D modeling offers a solution to create as quickly as possible from existing designs or licensors. The solution is rule based and relationship driven to promote design consistency through the complete process. Of course, integration is a key element in passing the data in a controlled manner between the engineering tasks, such as instrument and electrical design as well as physical 3D modeling. Safety, integrity management, regulatory compliance, time to market, operational uptime — all of these are factors for which the oil and gas market depends on quality information. 3D modeling offers the longest track record in the industry for delivering integrated engineering information throughout an asset’s life cycle.

The my SAP project systems combine industry experience and expertise to provide number of key capabilities such as managing projects and products throughout their lifecycles. The my SAP project module is capable of conceptual design/engineering, product/project estimating, integration with CAD/CAM/CAE and GIS systems and collaborative planning and engineering that makes it possible to have a single platform for managing the entire project cycle.

Manage the Supply Chain

The system helps companies to form a supply chain of collaborators and partners to plan and forecast demand and supply, direct procurement, manufacturing, outsourcing, order fulfillment and subcontractor performance. These partners share their inventory/stock and track the status of the orders on a common database of the SAP module. The computer can perform all calculations and create planned order releases and update inventory positions. However, the computer’s role is only suggestive in nature; it does not issue purchase or manufacturing orders or reschedule open orders. SAP is easier to implement in cluster business organization such as engineering and construction, as the experience with similar companies enables the availability of proven rapid implementation methods and solution based approaches.

This means the company can be up and running quickly and cost effectively with a solution that meets the client’s specific needs. Larsen & Toubro of India has been experiencing new challenges ever since the economic liberalization and opening of the global markets. In order to compete effectively in this scenario, the company felt the need for computerized management control systems that could be uniformly implemented across the enterprise. In order to maximize returns of investment, improve business intelligence and form a value chain of business partners enabling faster communication and high end integration, the company selected SAP as strategic partner for implementing the systems.

(ID:39601880)