The State of Turnaround Management & the Best Strategies
We are excited to present the comprehensive results of our global STO survey 2024! After carefully compiling insights from top organizations across the industry, we’re offering an in-depth look at our findings. This report explores the current landscape of turnaround management and highlights essential strategies to boost your Shutdown, Turnaround, and Outage (STO) performance.
Turnaround events, while crucial, come with unique challenges, including time constraints, unforeseen discoveries, and complex coordination. Maintaining safe, efficient, and sustainable facilities in a timely manner, within budget, and with the right resources, knowledge, and technology is thus vital.
To understand the unique demands of turnarounds, we collected data from leading global leading organizations and created a survey report uncovering the strategies they use to handle STO events. We examined various aspects of turnaround (TA) planning, including budget and schedule performance, the impact of team composition, scoping methodologies, and risk analysis.
The results are invaluable for anyone in an STO organization, from turnaround managers to work pack planners, schedulers, and cost estimators, as they seek new ways to improve efficiency and success from start to finish.
This survey report is more than just a compilation of STO statistics and data; it offers a roadmap to success with practical insights and actionable turnaround strategies. Our goal is to motivate, educate, and empower organizations to embrace the transformative power of dedicated work pack management software, equipping them with the tools needed to navigate the fast-changing world of turnaround management successfully.
What you will learn from the report:
- Key success factors for STO events
- Size does not equal success
- The secret to effective scope collection and risk mitigation
- How to create strong control estimate and coordination
- How to plan and mitigate for schedule success
- TA Guidelines and top-down approach
- The secret to smooth handovers
- Top ways to leverage knowledge and digital tools
- Best ways to optimize reporting practices
Download free survey report
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