What is Early Equipment Management

Early Equipment Management is an approach to capital project management that surfaces latent project problems early in the project timeline so that they can be dealt with when they are easier to resolve.  It also highlights opportunities to enhance project value and achieve higher levels of return on investment. 

At the heart of EEM is a road map that systematically targets project risk areas and the pitfalls that increase project costs and extend project timescales. 

At the same time, the EEM process guides the creation and use of best practice design benchmarks and enhances cross functional collaboration to deliver better projects faster. 

The outcome is lower asset life cycle costs and increased speed to market for new products and services.

Check out our EEM support plan or Contact us to find out more about how we  can help you to deliver better projects faster.

  • The Need for EEM

    EEM extends the traditional project focus of delivering a new asset or engineering platform to that of delivering Operational Excellence. The difference is the humanisation of projects to incorporate not just what will be done but how it is done. This is characterised by increased collaboration between commercial, operations and technical personnel at all project steps.

    This was developed to counter the root causes of projects which limp along after the planned beneficial operation start date has passed like a car which can be driven but is not firing on all cylinders. It needs a lot more care and attention and costs more to run.

    Analysis of the reasons why some projects do not achieve their full potential suggests a number of common causes.

    These are not due to technical problems but to people issues including knowledge gaps, poor communication and collaboration.

    The goals of Early Equipment Management (EEM) are to achieve “Flawless operation from production day 1” and consistently low Life s Cycle Costs (LCC) for the lifetime of the installation.

    Flawless operation from day one means simple zero unplanned stoppages/sporadic failures from the planned operating date. Then during the first few months of operation the performance can be improved as the route to process optimisation becomes clear.

    The core of the EEM process is the use of systematic analysis around key decision points or milestones. Activities to deliver each milestone are coordinated by design standards and checklists to avoid omissions and assure objective decision making.

    Each milestone incorporates an improvement theme to drive the innovation process and align the efforts of the project team. This also provides a framework for management to review progress, the injection of knowledge from other projects and the capture of lessons learned from the current project

    A major oil and gas provider estimated that adopting Early Equipment Management principles on their project contributed an additional 5% operating efficiency per year over the life of the asset. Enough to pay for the original capital investment.

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