The presentation discusses how engineering professionals spend over 20% of their time checking and transcribing information from multiple sources. It demonstrates how AVEVA Net provides rapid access to all types of engineering data and documents in a single location, validating information across sources to enable faster and more informed decision making. The digital asset concept unifies engineering information, models, documents and real-time data to improve efficiency.
9. WHAT IS THE DIGITAL ASSET?
ONE ASSET MADE OF STEEL ONE ASSET MADE OF INFORMATION
Engineering
Information
Financial
Data
Real Time
Data
Maintenance
Data
11. Digital Asset
Contracting Strategy /
Technology Mandate
Data Centric Integrated
Project Execution
Environment
Project Information Hub
NOYES
30% more
efficient
information
access
80% more
efficient data
handover
10%
savings
TIC
AVEVA CONTRIBUTION TO YOUR SUCCESS
12. FEED
Detail Design
Advanced Work packaging
Workface Planning
Procurement
Materials Management
Commissioning and Startup
PROJECT EXECUTION SOLUTION
13. PROJECT INFORMATION HUB (HANDOVER)
Master data deliverables Aveva Cost per Tag Manual Cost per
Tag 2
Aveva
Implementation
Additional Manual
Work Required 1
Total
Master Tag List $1.18 $0.00 $1.18 $50
FLOC/ EO MDCR
Functional Location
$1.18 $16.75 $17.93 $67
FLOC/ EO Characteristics
Template List of Items
$1.18 $4.25 $5.43 $17
BOM MDCR
Bill of Materials Registry
$1.18 $62.50 $63.68 $50
MM MDCR
Material Management
$1.18 $5.00 $6.18 $250
Document Turnover Reporting $1.18 $0.00 $1.18 $50
Total estimated cost / tag $7.06 $88.50 $95.56 $484
Total Cost for 85,000 tags3 $0.6M $7.5M $8.1M $41M