Turnarounds & Shutdowns
A turnaround – which is sometimes referred to as a TAR – is a highly-expensive planned period of regeneration in a plant or refinery. During this time, an entire part of the operation is offlined whilst plants are inspected and revamped. Not only are the tools and labour required for executing a turnaround extremely expensive, but the revenue lost through shutting down elements of production can amount to a significant portion of an annual budget. Turnarounds often throw up more issues than anticipated, making them difficult to keep on track, and requiring very experienced managers. Planned outages or STOs are a distinctive and demanding type of project. Stakes are high, as is pressure on the schedule and project team. 40% of shutdown projects experience a cost overrun or schedule delay of more than 30 %.