Engineering

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Cost Reduction through Engineering Engineering Impact: CAPEX OPEX -Material usage - Maintenance -Fabrication costs - Life time extension -Transport & installation - Reliability Engineering Budget (% of total project budget) -Oil & Gas 5-10% -Automotive 5-8% -Machine building 10-15% -Aerospace 15-20% -Offshore wind <1% ?? Solutions: -Early involvement of engineering -Allow enough time for engineering -Concept optimization -Invest (People, Tools, Methodologies,Standards & Codes) -Learn from experience. -Account for bigger engineering budget! CAPEX & OPEX Engineeri ng € Tim e Issues : - Subsidies are going down - Low hanging fruits in wind are picked - Bankability becomes more difficult Costs: - Are determined in engineering phase - Savings are also determined in engineering phase!

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Transcript of Engineering

Page 1: Engineering

Cost Reduction through Engineering

Engineering Impact:

CAPEX OPEX-Material usage - Maintenance-Fabrication costs - Life time extension-Transport & installation - Reliability

Engineering Budget (% of total project budget)-Oil & Gas 5-10%-Automotive 5-8%-Machine building 10-15%-Aerospace 15-20%-Offshore wind <1% ??

Solutions:-Early involvement of engineering-Allow enough time for engineering-Concept optimization-Invest (People, Tools, Methodologies,Standards & Codes)-Learn from experience. -Account for bigger engineering budget!

CAPEX & OPEX

Engineering€

Time

Issues:- Subsidies are going down- Low hanging fruits in wind are picked- Bankability becomes more difficult

Costs:- Are determined in engineering phase- Savings are also determined in engineering phase!

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