ENERGY DELIVERY

Artemis Strategic Asset Optimization Solutions

Artemis 7 provides the most comprehensive solution for maintaining the complete asset life-cycle planning and prioritization under strategic and financial control.

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Developing and maintaining a balanced project portfolio that is aligned to the company strategy is critical to the survival of energy companies. With effective and efficient Project Portfolio Management in place, your organization will be able to:

• Maximize investments performance - Align projects with organizational priorities and goals
• Leverage value of portfolio - Identify high value projects as soon as possible
• Increase visibility - Greater access to long range planning and equipment reliability

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Manage the product portfolio across the full lifecycle: Relevant, consistant information about all products and initiatives is available from a single source Focus on highest value initiatives and projects Identify low value projects early Prioritization based on different value measures can help separate winners and losers from those projects requiring further review

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Align Projects with strategic goals and key performance indicators: Four dimensional view of all project information Drill down capability for in-depth project analysis Easy dashboard access for executive review

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Improve quality of decision making: Evaluate milestone plan graphically to quickly measure impact and take corrective actions Understand project and milestone interrelationships Executive summary of project schedule

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Provide effective reporting and communication: Control portfolio progress in terms of acutals and forecast Measure the gap with objectives and realign execution if needed Communicate status, cost, and investment performance to all stake holders

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Assess the impact of accelerating or delaying projects through what-if and scenario planning: View the impact of project acceleration or delay by their priorities Analyze project or initiative demands for resources against the availability of these resources Model different scenarios relative to supply versus demand, as well as business benefits

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Work Request Management standardizes the project / work request process, providing all personnel a common platform for project initiation. Through a graphical representation of the project lifecycle process, users systematically capture, organize, analyze and evaluate ideas submitted throughout the project lifecycle, from initiation and closure. The benefits are clear; you can maximize project revenue potential by ensuring that the projects are executed based on requirements and expectations, maximize returns on knowledge through rapid and accurate identification of the best ideas with the greatest bottom-line potential for implementation.

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Manage project requests effectively: Provide a centralized and consistent repository for all project requests Ensure all requests are reviewed and evaluated promptly Route requests, while sending alerts to all appropriate personnel

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Accelerate project request evaluation: Call in appropriate staff to review project request Assess requests, using the project approval board

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Convert requests quickly into project initiatives: Fully documented proposals with supporting data: Responsibilities, Target dates, Dependencies, Estimated costs, Effort and Benefits, Gate process and approvals, Milestones, Risk and issues Attached documents...

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Justify initiative business value: Illustrate value through multiple criteria Apply consistent measurement and definition to all initiatives Use calculated fields to define specific scoring criteria Customize score calculation

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To maximize returns on invested capital and O&M dollars to projects, the Financial and Performance Management module enables you to optimize the utilization of funds for execution of the most important projects first, and avoid funding of non-viable projects.

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Measure results and benefits: Automate funding and budgeting approval workflows Capture and manage cost and expected benefits for projects using standard cost and benefit types Ensure that funding capacity and allocation for projects are aligned and supports organization strategy Review the cost-benefit of each project using standard methods

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Analyze business benefits: React to changes in external factors that significantly reduce the expected project benefits Analyze impact on metrics like regulatory requirements, safety, performance ... Make quick decisions like stopping a study phase

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Make sure your organization has the cost capacity to finance the project strategy: Top-down funds management by department Calculate costs from resource headcount and rates Compare department funds with rolled up project estimated costs to validate financial capacity Measure ability to launch new initiatives Identify cost overruns to focus on areas requiring arbitration

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Perform simulations: Optimize your fund usage while maximizing ROI and cash-flow through graphical schedule simulations Recognize those projects that can be postponed with minimal impact on benefits Alert key players on what-if scenarios before committing resources and budgets

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Work and resource planning is key for ensuring that companies deliver projects on time and on-budget while optimizing cross-functional performance across vertical silo-based operations and teams. Best practices in program and project management will reduce project schedule, cost and risks and increase quality thru better coordination, communication and collaboration of all stakeholders throughout the entire project. Improved resource allocation ensures optimal use of resources and increased productivity and efficiency. The ability to accurately forecast resource requirements reduces the risk of delays to projects by eliminating resource bottlenecks, and maximizes the returns from investments in resources by aligning resource capacity to organization strategies.

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Task Planning (Engineering Work Management): Manage resources and priorities Engineering-wide uniform tool Integration with existing work management Management and team level review

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Project / Work Plan Monitoring: Create high-level work plan for approved projects Add milestones, dependencies, documents, resource requirements, and cost estimates as appropriate Compare top-down and bottom-up estimates

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Track project milestones: Track major project decisions & deliverables Analyze milestone trends to understand the effectiveness of decisions

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Optimize resource utilization: Link project plan with allocated resources for close monitoring Maximize utilization of staff based on skills and availability Easily allocate individuals to project requirements by drag and drop Dialog with project managers on resource revisions

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Perform detailed planning & scheduling for the most complex project: Plan the project at the appropriate level of detail Change task duration and display the impact on project key milestones Run Monte-Carlo simulations Assign project allocated resources to specific tasks

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Track effort and progress: Report actuals on project tasks and operational activities for progress monitoring Integrate timesheet information to ERP

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Periodic shutdowns of equipment and assets that are the enterprise’s major means of production or service delivery for the purpose of necessary maintenance, modifications, or regulatory evaluation, are inevitable. These events potentially will consume large amounts of manpower, materials, and capital investments, as well as, cost associated with lost production and opportunity. Improved outage planning ensures optimal use of time and resources, while allowing the quick evaluation and response to unplanned events. The ability to analyze and reschedule the plan reduces the risk of delays to the outage and minimizes resource bottlenecks, which maximizes production and service capacity.

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Outage plan creation and collaboration: Create detailed work plans with multiple version Add milestones, dependencies, and resource requirements Allow multiple users to review and edit the same plan and version

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Monitor outage progress and impact to unanticipated events: Compare current plan to target or what-if versions Quickly reschedule and report impacts to outage duration and resource requirements

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Optimize resource utilization: Link outage plan with allocated resources for close monitoring Maximize utilization of staff based on skills and availability Easily allocate individuals to outage requirements Dialog with outage managers on resource revisions

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Perform detailed planning & scheduling for single and multiple projects: Plan the project at the appropriate level of detail Change task duration and display the impact on other projects associated to the outage Assign project allocated resources to specific tasks

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Communicate progress of major milestones, earned value, and cost commitment: Link detail schedule milestones Allow management access to outage progress without accessing the detailed schedules

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The Artemis SAO solution provides a comprehensive collaborative capability, allowing stakeholders and contributors to store and share information. Address Risks and Issues: Risks are more easily monitored and controlled through the shared Risks and Issues Register. Users may subscribe to specific documents and receive updates through email and home page alerting

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Capture risks and issues and measure impact on scope, schedule, costs and benefits Decrease issues and potential initiative failures utilizing proactive risk measurements Assign ownership and mitigation plan taken against risks and issues

Share Decision Making Documents: The integrated document management capability allows documents and data to be linked directly to the target investment, project or work item, whilst the discussion area provides an informal process for threaded comments and notes.

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Collaborate on information and documentation attached to each product Activate document reviews and approvals through notifications Track history of reviews for audit trail

Enterprise Integration: One of the essential requirements of an SAO solution is the ability to quickly and seamlessly integrates with other corporate information systems. Artemis 7 is a fully extensible solution, allowing integration with existing systems and the capacity to extend standard system functionality. Custom Plug-ins enable event driven extensions, whilst the Artemis 7 Application Program Interface (API) provides for more complex integrations and extensions. In addition, Artemis 7 provides a complete Import/Export XML schema to aid custom data transfer.

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