December 2004

Special Report: Plant Design and Engineering

Determining the true economic value of improved plant information

A new method is proposed for estimating benefits of the technology

White, D. C., Emerson Process Management

?The system will provide us with better information for better decision-making.? ?The investment will increase our flexibility in operations, permitting us to better react to market opportunities.? ?With integrated information across the enterprise, we will be better able to utilize our resources.? ?This enabling technology is a strategic investment that transcends normal justification.? The above statements may be familiar to those who have reviewed the proposed justification for new investments in process plant information technology. While these assertions may be correct, they are insufficient to serve as a basis for significant fi

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact email Peter Ramsay or call +44 20 3409 2240*.

*Access will be granted the next business day.

Related Articles

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}