Future operations planning will measure plan achievability

Refinery operations planning will undergo major changes as increased computing power, and new risk analysis techniques and software reach the planner's desk. Planners will no longer strive for perfectly balanced and economically optimized plans, but will also optimize the "achievability" of the plan.Risk analysis techniques-long used in the upstream sector to allocate capital-will be brought into the downstream planning process in a quantifiable way. The result will force organizations deeper into contingency planning early in the planning process where it can have the most value.The result will be operating plans that can be executed with less deviation from plan. Refineries and petr...

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