Benefits of advanced RAM in design
Increasing the plants availability is crucial to provide a better return for the investor. Advanced RAM study have delivered the following benefits for companies in the design phase of the project:
- Reduced life-cycle costs
- Reduced capex without effecting availability
- Reduced opex, while increasing revex
- Optimized maintenance inventory
- Reduced the initial capital costs of the asset
- Optimization unit operation layout
- Optimized equipment redundancy
Using RAM-Int, ProAIM can analyze, simulate and predict all the economic options that will effect plant availability, reliability performance, safety, risks and maintainability to find the optimum solution in terms of life cycle costs versus plant performance required by the client.
“Following the RAM analysis of our design we were able to save $17 Million in capex without compromising asset availability.”
These benefits have been achieved by closely integrating the synthesis of design with the data-driven Reliability, Availability and Maintenance (RAM) matrix enabling engineers to optimize the life-cycle costs of an asset from design to decommissioning. The following flow diagram demonstrates this process:
Our experts have experience in many industries including oil and gas production to renewables, bio-ethanol and solar power, and in particular, considerable experience within refining, petrochemicals and chemical manufacturing.