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Earned value management - commonly abbreviated to EVM - is an important tool in the project manager’s repertoire. A set of techniques for objectively measuring progress on any major project, EVM was first developed in the 60s by the US Defense Department and quickly became standard pra...
Tags: Shutdown, Turnaround, Earned Value - View Article
In the energy industry, shutdowns, turnarounds and outages - collectively known as STOs - are unavoidable, like death and taxes. And any STO event inevitably presents the operator with a double whammy - the cost of the event itself, plus the loss of revenue while production is on hold.
Given the ...
Tags: Shutdown, Turnaround - View Article
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