copyright © 2014, oracle and/or its affiliates. all rights reserved. | capital asset lifecycle in...
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Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Capital Asset Lifecycle in the Engineering and Construction Industry
Brian King, OracleScott Boutwell, WiproSeptember 29, 2014
Presented with
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Safe Harbor StatementThe following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Agenda
Cause and Effect
Solution & Workbench
Lifecycle technologies
1
2
3
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Companies are squandering resources and limiting their growth potential
5
• Revenue and Margin Growth is severely inhibited by investing in failed bids• A $10bn company wastes c$75m annually on failed bids• Resources are squandered in loosing 60-80% of bids
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Profits are at risk with inadequate Construction ExecutionExample:
Annual Revenue: $10B
Yield Profit : $200 – $300M
Big project of $1B $250M of change orders
One bad project can wipe out one years worth of profit.
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Often result in thisIt is now widely recognized that O&M represents the greatest expense in owning and operating a facility over its life cycle. The accuracy, relevancy, and timeliness of well-developed, user-friendly O&M manuals cannot be overstated. Hence, it is becoming more common for detailed, facility-specific O&M manuals to be required as a part of the total commissioning process.National Institute of Building Sciences
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Agenda
Cause and Effect
Solution & Workbench
Lifecycle Technologies
1
2
3
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Our vision for the future of Construction
Lead to Contract
Knowledge EnterpriseSingle Version of ‘Big Data’ Deeper ‘unanticipated’ Insight
Win More Work Deliver Better Projects
Be more Informed
Improved Client Experience
Project & Construction Execution
Digital Handover
The Social EnterpriseConnect & Collaborate
The Digital ProjectProject Information
Management
Improved Bidding Automate O&M Details
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Oracle Reference Architecture
User Interaction and Collaboration
Ente
rpris
e D
evel
opm
ent
Ente
rpris
e M
anag
emen
t
Shared Grid InfrastructureEn
terp
rise
Secu
rity
Information Infrastructure
Information Assets
SOA and EDA Infrastructure
Business Services
Business Processes
Architecture Concepts Principles & Guidelines Architecture Views Component Drilldowns Software Capabilities Product Mappings
http://www.oracle.com/goto/ITStrategies
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Demo
Risk & Performance Analytics
BusinessDevelopment
Project Execution
Business Management
Plan, Design, and Procure
Project Close-Out
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3
4
2
5
Operate & Maintain6
Human Capital Management
Collaborative Design Platform
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Building InformationModeling (BIM)
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Project Leads
Design Approval Change Order
Work Order
Budget &Forecast
Forecast& Actuals
10
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Agenda
Cause and Effect
Solution & Workbench
Wipro
1
2
3
© 2014 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL13
Capital Asset Lifecycle in the Engineering and Construction Industry
Scott BoutwellGM, E&C Solutions, North America
James CastonGlobal Director, E&C Project Controls
Rohit AroraPractice Head, E&C Solution Development
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Wipro Engineering and Construction Vertical
Key Clients
Practice Offerings• Project Management & Control• Engineering Information Management
& Data Handover• Engineering Automation & System
Integration• BIM• Engineering Design Services• Construction Domain Solutions• O&M Services• Health, Safety & Environment• Workforce Management• ERP Transformation
Domain Solutions• Integrated Bid to Project Execution• Mobility Solutions• Digital Construction Site• WiDIRA framework for EPCs• Industry Business Processes: L1-L5• EPC OneIT Target Reference Arch
Sell-With Solutions• Joint GTM & Joint Propositions• Extend Service Capabilities• Support in New Geo Expansion
EPCOil & Gas | Utilities | Mining | Water
AECBuildings & Smart Cities
Industry Focus
North America | Middle-East & Africa | Europe | Asia | Latin America
Wipro Strategic Approach
Practice and Domain
Offerings
Focused Industry Verticals
Select Geo Focus
Domain Solutions
Sell-With Solutions
Alliance Eco-system
Airports, Ports and Metros O&M and Support
Technology Partners• Oracle• SAP• Intergraph • Aveva• Bentley• Microsoft• Autodesk• Hard Dollar• Trimble
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Wipro E&C – Oracle E&C IBU Partnership
Joint Solution Development
Joint Global GTM
Support & Governance in Customer
Engagements
Product & Architecture Support
Capital Asset Lifecycle (CAL) Solutions
Wipro is the only partner globally to work with Oracle E&C IBU
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Creating Flexible, Standardized Projects….At Project Site Office
Project In a Box Site Automation
Prebuilt Digital Site - Solution LayerProject ManagerAsset ManagerSite Store in charge Site Time in charge
Project Site UsersHO Users
Intranet/MobileInternet
Site Inventory & yard Mgmt
Sub Contract mgmt
Time & labor Mgmt
Equipment & Tool Mgmt
Incident & Safety Mgmt
Document management
Snag MgmtSite
ExpensesSite Reports
Engineering & Design
Procurement & Inventory
Service Contract & Vendor mgmt
HR System
Finance & Control System
Asset System
HSE System
PMCArchitecture &
Structural Consultants
Suppliers Sub Contractors
M/c & Equipment Vendors
Core Digital Site
Unified Interface
3MsTrack
Cloud(IT Infra)
Collaboration (drawings)
Mobility (field)
Trace
Enterprise Office
Extended by
Site Ready set up kit - Infrastructure Layer
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Demo Highlights Perfect Portfolio: Filter & surface the highest value opportunities utilizing
historical information as intelligence to prioritize of pursuits Capture of IP: Capturing the relevant details during project execution and
closeout that should be considered during future BD funding Business Development: Leverage historical project info to target and win ‘good’
projects; focus on solution selling and not repeating mistakes Estimating: leverage historical data to avoid under estimation Project Set Up: Early charge number activation, and an available project
management system earlier in the lifecycle for baseline and collaboration Planning & Scheduling: Develop cost baseline, cash flow curves, and schedule
in less time Resource Planning: More accurate and timely resource planning Subcontracting: Integration of suppliers, sub-consultants, and sub- contractor
plans and schedules into the Master Plan
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Demo: Tying it all together with Project Controls Project Controls Systems
Estimating scopes of work for services or construction. Typically specialized knowledge of the full scope for the work + the inputs and outputs
Planning & Scheduling of the work with sequencing, production rate planning, risk considered, setting up for Earned Value techniques and variance reporting. Setting project performance goals.
Resource Planning of all professional services, labor, materials, equipment, etc. required to accomplish the work and available at the right moment.
Procurement Planning of sub-consultants/contractors and materials/fabrication schedules
Job Cost baseline planning and tracking during project execution Cost Engineering calculating metrics, AR/AP, DSO, and anything affecting
project profitability. Forecasting and seeking favorable results early Change Order management early and efficiently Team Collaboration in a system for early and efficient results
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Enterprise ComponentsIntegrated Project & Back Office Solution - Joint Solution with Oracle
Business
Development
Project Initiation Form Project Scope Project Organization Project
Name/Description Contact Information
Customer Address
Contract Type
Back Office
Business Process aligned HCM, Finance & Procurement functions
WBS Budget Contract Funding Scope/WBS Management Reserve Contingency
Contract parameters Procurement
Cost-BIM 5D
Overall solution based on E&C Industry aligned Scalable Baseline Process Set Up on ARIS Principle – From Level 1 to Level 5
Schedule-BIM 4D
Brings actuals from Site for real time cost analysis Digital Site Solution
Cost
Engineering Project Cost Management
Funding Revenue/Cost Budgets Contingency Management Reserve
Schedule Activities Time Phased Cash Flow Resource management
Procurement Contracts Suppliers Pay Requests
Schedule Web Budget Schedule Activities Procurement Contracts
Reporting
Cash Flow Cost Report Resource Demand Resource Forecast Progress Performance
Variance Analysis Critical Pat Forecast Analysis
Time impact Analysis Risk Management Project KPIs
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Scalability: How to Get There? Process Continual ImprovementMaturity from Basic to Advanced
Plan and Schedule Complex ProjectsBIM
PM Maturity Level Function User Groups
PlannersProject ManagersProject ControlsDesign Team
Resource ManagersProgram Managers
ProgramsResource ManagementRisk ManagementChange ManagementEstimatingProcurement+PM Functions
Strategic AlignmentProject Financial ManagementProject Analytics Performance, Governance, & ControlSingle Business System+ PPM Functions
Team MembersCOO/CIO/PMOCorporate FinanceGBU Executives
PROJECT PORTFOLIOMANAGEMENT (PPM)
ENTERPRISE PROJECT PORTFOLIO MANAGEMENT (EPPM)
Incr
easi
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abili
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PROJECTMANAGEMENT (PM)
Key Initiatives• Business Process Engineering• Strategic Alignment Analysis• Cost/Schedule Integration• Financial Management• Project Analytics • Implementation of Business
System • Reporting Engine Enablement+ PPM Services
Develop & Implement • Portfolio Management• Resource Management • Risk Management• PPM ReportingVariance Analysis+ PM Services
• Planning & Scheduling• CPM Analysis• Time Impact Analysis• Basic Single Project Cost Mgt• Staff Augmentation• BPO• BIM Integration
ValueSingle PM SystemERP • Integration• AlignmentForecasting• Time Impact Analysis• ETC / EAC VisibilityEnhanced Predictability+PPM Value
Manage Multiple ProjectsEnhanced Cost & PricingResource ForecastingProcurement IntegrationChange ManagementRisk ManagementPortfolio Reporting+ PM Value
Resource Availability Baseline DevelopmentCost Structure & MgtResource Expertise
Basic PM
Advanced PM
Intermediate PM
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Thank You