Integrate Cost and Schedule
HD Solutions ties cost and schedule together for self-service, daily earned value reporting on your oil & gas projects. HD Solutions allows owners to easily create “what if” scenarios for analyzing cost/schedule changes and the impact of those changes.
Receive Daily Cost Updates
HD Solutions is the only software that gives real-time approximate cost within 2-5% of actuals. Daily cost updates are available with 98% accuracy. No more waiting 4-8 weeks after month end for cost updates, get them now to make decisions now.
Accurately Measure Performance
HD Solutions offers detailed and timely project status information to gain immediate insight into what was estimated and budgeted, versus actual project performance.
Leverage the industry’s most advanced bi-directional, real-time integration with Primavera P6 and Microsoft Project scheduling systems to provide the ultimate flexibility to plan and meet owner-mandated cash schedules.
The oil & gas industry’s early adoption of computerized project controls has led many down a path that cannot properly integrate cost and schedule. HD Solutions’ dynamic schedule/cost integration enables a generational break from legacy systems which inhibit the integration of data and create a single environment that controls cost, time, and resource.
While scheduling applications like Microsoft Project and Primavera P6 do a good job of helping planners understand when resources will be used, they typically don’t provide the level of detail to account for complex costing for payroll burdens, overtime, and difficulty factors. Base wages and labor burdens like fringes, insurance, and taxes can be set up for individual resources. For example, a completely different approach to burdens may be used on overtime or double-time rate structures.
The value of estimating a project with the granularity and control that HD Solutions offers can only exist with an airtight variation control system. HD Solutions’ complete audit trail incorporates fail-safe variation control. The scope of work cannot change without logging the variation and that variation’s commercial status.
Total Earned Value & Productivity Insight and Reporting
HD Solutions provides a complete view of earned value and productivity, taking the functions of scheduling applications like Primavera P6 and Microsoft Project to added comprehensive reporting of all aspects of earned value for complete job visibility.
For example, Primavera P6 reports productivity on the activity, without presenting the values for each resource. Adding the details of the resource level completes the loop, allowing earned value reporting performed by a complex team of people and equipment.
Centralize Multiple Estimating Systems
Over time, oil & gas organizations are likely to have a host of estimating systems, including disparate spreadsheets. These external spreadsheets can be integrated with HD Solutions, and converted to native HD Solutions norm-based estimating if required. As a result, one estimating database, with any number of “systems” inside of it, maintains central control over unique environments. HD Solutions also integrates with RIBMC2 ICE.
Capturing expended and achieved time in a crew or individual basis with any data capture device is just one of the attributes of a time recording system that any project controls team needs. HD Solutions easily incorporates existing time control systems.
HD Solutions’ modular design means you might chose to utilize only the functions you do not already have. With a time recording system in place by most organizations, HD Solutions provides the additional much needed functionality.
Address Key Project Management Issues
- Integration with legacy systems
- New facility productivity and cost estimating
- Reverse schedule planning
- Managing cash flow within and across projects
- Escalation of increasing and declining costs over long term projects
- Project control at the refinery and location level
- KBase and historical input utilized to develop detail and conceptual estimates
- Resource utilization and specialty resource visibility
HD Solutions supports over 35+ financial and ERP systems including SAP, Oracle JD Edwards, Viewpoint, Dexter + Chaney, Computer Guidance Corporation, and Timberline. Standard integration eliminates duplicate data entry and tracking while maintaining integrity between operations and financial management. Detailed labor and productivity tracking of crafts and materials provides operations with the flexibility and capabilities required to meet advanced earned value reporting, resource utilization, and planned activity predictability.
HD Solutions Oil & Gas Solutions for:
HD Solutions: Oil & Gas Video
Our HD Solutions: Oil & Gas video (running time: 15 minutes) featuring Solutions Engineer Justin Murphy covers how to:
- Drive resource planning
- Manage earned value & productivity
- Integrate cost and schedules