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Welkom bij het Webinar
BENT U KLAAR VOOR UW VOLGENDE STOP?
TURNAROUND READINESS REVIEW
Bent u klaar voor uw eerstvolgende stop?
TURNAROUND READINESS REVIEW
January 27, 2021 Page 3
Agenda
• Poll
• Introduction (Why)
• What and How
• TARR reporting
• Results
• Case
January 27, 2021 Page 4
Introduction
Every TurnAround is a
highly complex project with
a huge amount of business
value at stake.
Risks ?
Opportunities ?
January 27, 2021 Page 5
What is a TurnAround Readiness Review ?
• Alignment with TA objectives
• Covers all TA aspects
• Unbiased evaluation
• Identifies strengths
& weaknesses
• Recommendations
January 27, 2021 Page 6
How to conduct a TARR ?
• Preparation (planning & scheduling)
• Stork TA Readiness Scan: +200 topics
/ 18 domains / scoring
• Interviews
• Verification of documents and systems
• Hot feedback
• Report including recommendations
• Presentation and discussion of report
• Follow-up actions
January 27, 2021 Page 7
TARR reporting
0%
20%
40%
60%
80%
100%
1-TAR strategy
2-TAR management
3-Cost management
4-Organization
5-Scope management
6-Detailed planning
7-Integrated schedule
8-Contract
management
9-Materials &
Procurement…
10-Logistics
11-Quality
management
12-HSSE management
13-Pré-TAR
14-TAR execution
15-Post TAR
16-Procedures /
instructions /…
17-ICT
18-Commissioning and
Startup
score 1
norm
• Observations per TA domain
• As-is score per TA domain
versus to-be
• Overall TA “maturity level”
• Recommendations
January 27, 2021 Page 8
Results of TARR
• Taking more advantage of TA opportunities
• Mitigation of risks that could jeopardize TA objectives
• Stakeholder (re)alignment
• Refreshment of critical information to TA team (recalibration)
Timing of TARR Main goal
Early stage Proper setup of TA
Mid stage Adjustment of focus and effort
End stage Lessons learned towards next TA
January 27, 2021 Page 9
Case
January 27, 2021 Page 10
Approach
• Kick-off
• Interviews
• Outcome
• Workshops
• Milestone plan
January 27, 2021 Page 11
Interviews
Plenary session Individual
January 27, 2021 Page 12
Outcome
0%
20%
40%
60%
80%
100%
1-TAR strategy
2-TAR management
3-Cost management
4-Organization
5-Scope management
6-Detailed planning
7-Integrated schedule
8-Contract management
9-Materials & Procurement…
10-Logistics
11-Quality management
12-HSSE management
13-Pré-TAR
14-TAR execution
15-Post TAR
16-Procedures / instructions /…
17-ICT
18-Commissioning and Startup
score 1 norm
January 27, 2021 Page 13
Workshops
January 27, 2021 Page 13
January 27, 2021 Page 14
Milestone plan
January 27, 2021 Page 15
Results
• Unanimous agreement of findings
• Action list supported by team and management
• Milestone planning
• Prioritized actions (88) and dedicated responsible persons
• Frequent support checking on finished actions
• Improvements implemented before next TA
• Improved alignment between TA team and management
• More understanding and cooperation within TA tea
January 27, 2021 Page 16
Conclusion
• Effective TA Readiness Review
(TARRS) is a MUST
• Preferably by independent
third party
• Improves alignment of
management, teams and
contractors
• Results in improved
predictability of TA outcomes
January 27, 2021 Page 17
Questions
Via Q&A
Sustainable Performance Improvement
Or get in touch with
our Subject Matter Experts:
Bart Desmet
Bart.desmet@stork.com
+32 499 986 145
Marten Schoemaker
Marten.schoemaker@stork.com
+31 6 3072 2522
WEBINAR
TURNAROUND READINESS REVIEW
STORK IS HERE TO HELP YOU
Contact us: AMT@stork.com
10 February Kick-start risk based asset management
24 February Your ideal asset management organization
10 March A sustainable asset management strategy
Next webinars:
THANK YOU
FOR YOUR ATTENTION

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Webinar - Turnaround readiness review

  • 1. Plaatje leaflet hier invoegen Wij starten om 12.00 uur. U kunt vragen stellen via de Q&A knop in het zoom-menu. Tijdens het webinar staan alle bezoekers op ‘mute’. Welkom bij het Webinar BENT U KLAAR VOOR UW VOLGENDE STOP? TURNAROUND READINESS REVIEW
  • 2. Bent u klaar voor uw eerstvolgende stop? TURNAROUND READINESS REVIEW
  • 3. January 27, 2021 Page 3 Agenda • Poll • Introduction (Why) • What and How • TARR reporting • Results • Case
  • 4. January 27, 2021 Page 4 Introduction Every TurnAround is a highly complex project with a huge amount of business value at stake. Risks ? Opportunities ?
  • 5. January 27, 2021 Page 5 What is a TurnAround Readiness Review ? • Alignment with TA objectives • Covers all TA aspects • Unbiased evaluation • Identifies strengths & weaknesses • Recommendations
  • 6. January 27, 2021 Page 6 How to conduct a TARR ? • Preparation (planning & scheduling) • Stork TA Readiness Scan: +200 topics / 18 domains / scoring • Interviews • Verification of documents and systems • Hot feedback • Report including recommendations • Presentation and discussion of report • Follow-up actions
  • 7. January 27, 2021 Page 7 TARR reporting 0% 20% 40% 60% 80% 100% 1-TAR strategy 2-TAR management 3-Cost management 4-Organization 5-Scope management 6-Detailed planning 7-Integrated schedule 8-Contract management 9-Materials & Procurement… 10-Logistics 11-Quality management 12-HSSE management 13-Pré-TAR 14-TAR execution 15-Post TAR 16-Procedures / instructions /… 17-ICT 18-Commissioning and Startup score 1 norm • Observations per TA domain • As-is score per TA domain versus to-be • Overall TA “maturity level” • Recommendations
  • 8. January 27, 2021 Page 8 Results of TARR • Taking more advantage of TA opportunities • Mitigation of risks that could jeopardize TA objectives • Stakeholder (re)alignment • Refreshment of critical information to TA team (recalibration) Timing of TARR Main goal Early stage Proper setup of TA Mid stage Adjustment of focus and effort End stage Lessons learned towards next TA
  • 9. January 27, 2021 Page 9 Case
  • 10. January 27, 2021 Page 10 Approach • Kick-off • Interviews • Outcome • Workshops • Milestone plan
  • 11. January 27, 2021 Page 11 Interviews Plenary session Individual
  • 12. January 27, 2021 Page 12 Outcome 0% 20% 40% 60% 80% 100% 1-TAR strategy 2-TAR management 3-Cost management 4-Organization 5-Scope management 6-Detailed planning 7-Integrated schedule 8-Contract management 9-Materials & Procurement… 10-Logistics 11-Quality management 12-HSSE management 13-Pré-TAR 14-TAR execution 15-Post TAR 16-Procedures / instructions /… 17-ICT 18-Commissioning and Startup score 1 norm
  • 13. January 27, 2021 Page 13 Workshops January 27, 2021 Page 13
  • 14. January 27, 2021 Page 14 Milestone plan
  • 15. January 27, 2021 Page 15 Results • Unanimous agreement of findings • Action list supported by team and management • Milestone planning • Prioritized actions (88) and dedicated responsible persons • Frequent support checking on finished actions • Improvements implemented before next TA • Improved alignment between TA team and management • More understanding and cooperation within TA tea
  • 16. January 27, 2021 Page 16 Conclusion • Effective TA Readiness Review (TARRS) is a MUST • Preferably by independent third party • Improves alignment of management, teams and contractors • Results in improved predictability of TA outcomes
  • 17. January 27, 2021 Page 17 Questions Via Q&A Sustainable Performance Improvement Or get in touch with our Subject Matter Experts: Bart Desmet Bart.desmet@stork.com +32 499 986 145 Marten Schoemaker Marten.schoemaker@stork.com +31 6 3072 2522 WEBINAR TURNAROUND READINESS REVIEW
  • 18. STORK IS HERE TO HELP YOU Contact us: AMT@stork.com 10 February Kick-start risk based asset management 24 February Your ideal asset management organization 10 March A sustainable asset management strategy Next webinars:
  • 19. THANK YOU FOR YOUR ATTENTION