Process industry organizations spend 30 to 65% of their capital budgets on small, plant-based projects (less than US$10 million). Independent Project Analysis (IPA) research has found that these small projects are frequently less successful than larger projects executed by the same company. Unique aspects of small, plant-based projects addressed in the course include:
- Annual budgeting process
- Small project teams and resources
- Revamp issues
- Turnaround/shutdown interface issues
Because most small projects that are executed in operating facilities involve some amount of revamp work, a portion of the course is dedicated to the critical issues that revamp projects face and outlines strategies to address those issues.
“Should have had the training course years earlier!”
– Public Course Participant