The Costs of a Poorly Managed Turnaround
Refinery shutdowns are a part of life, and are thoroughly planned for. Still, it’s helpful to consider <a href="http://www Check This Out.lylecharles.com/”>construction consulting services if you’re concerned about deadlines in the slightest. Shutdowns are costly affairs, and can quickly magnify losses if the shutdown isn’t rectified ASAP.
What sets some companies apart from others is how they handle the turnaround. There is a lot of money at stake – turnaround can make up the biggest part of a company’s yearly budget.
That’s why it is important that an interim management team is hired at the beginning of the shut down. If a trained, qualified consultant is not hired at the beginning of a turnaround, it could cost a company millions of dollars!
Generally consultants take over all aspects of the construction turnaround services process. The right consultant will maintain and keep everything in place until the turnaround is over, and in so doing save the company much more money than it cost to hire them.
In the past, there was a tendency for owners and managers to accept that turnarounds were going to be expensive. Now, losing a lot of money in a turnaround is unacceptable.
One example of what a good consultant does is maintenance. One technique for improving maintenance during a turnaround would be to hire outside companies to do “cold-eye” reviews. Observations from these outside reviewers help everyone stay focused on their objectives.
This is just one example of what a consultant would do. Bottom line though, hiring good people could help a construction company save millions of dollars.
Bio: Lyle Charles Consulting is a firm that specializes in turnaround services, commercial construction projects and more. Lyle Charles is also a certified expert witness.