Performance Advantage Benefits
• Protect Investments. Sustain and extend the value of original investments and avoid costly major upgrades.
• Mitigate Risk. Run a plant safely now and for the long term. Maintain the license to operate.
• Promote High Availability. Avoid unnecessary downtime and extended outages.
• Exceed Regulatory Compliance. Meet and exceed the expanding range of environmental, moral, and social requirements.
• Predict Budgets and Expenditures. Take the guess-work out of sustained performance.
• Improve Shutdown/Turnaround Planning and Flexibility. Minimize the impact of planned shutdowns and optimize the critical work during the shutdown.
• Mitigate Resource Constraints. Ensure that the necessary knowledge and skills are available through extended training and certification of personnel, and through complementary or specialized IPS expertise.
• Extend the Proof Test Intervals for Safety Instrumented Systems.
• Eliminate the Need to Purchase or Maintain Spares.
Protect / Renew / Sustain Component Value
The PROTECT component of the program is focused on minimizing the risk of running with system components that fall in the Obsolete, LifeTime, or Mature Lifecycle Phases; from now until the next scheduled shutdown when the systems will be upgraded.
The RENEW component of the program is focused on upgrading systems to the Preferred Lifecycle Phase in the shortest time, with minimal cost, and the highest level of integrity. This component builds on the proven IPS Advantage Upgrade program, with several new elements.
The SUSTAIN component of the program is focused on two critical areas: 1) Maintaining systems at the Available or Preferred Lifecycle Phase over the long term, and 2) Maximizing the maintainability and performance of control and safety systems. This is achieved by embedding software version upgrades into the LifeTime Service Agreement, and can also be coupled with including hardware upgrades in the agreement. This component can be extended and tailored to individual requirements with IPS’ LifeTime Service offerings.
These components can combined into one comprehensive service agreement including all hardware, software, and services requirements using your OPEX budget, thereby avoiding the need for capital expenditures.
For more information on complete program details, please click on the Performance Advantage datasheet at the right.