People And Values - Aker Solutions

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8 ■ Aker Kvaerner 2003 Quality creates lasting value Complex and demanding projects are executed world-wide by Aker Kvaerner. The value involved is substantial. This means that high quality is crucial. So is delivery on schedule, to budget and to contract. Quality at every level and in all phases is the key to good project execution. Aker Kvaerner has for many years demonstrated that it can develop, produce and deliver cutting-edge technology, concepts and solutions to various industries. Its expertise and experience in combining the various components of a project into a unified system guarantees a good turnkey delivery. This ability represents a competitive advantage which will now be further refined. All the Group’s expertise and experience is being brought together in an integrated model for project execution. The aim is to build a best practice which ensures high quality at every stage of the value chain. The value created by Aker Kvaerner is measured every day. The results it achieves financially, in health, safety and the environment, in project milestones and in customer satisfaction show how much the Group has succeeded. Detailed planning The key to successful project execution lies in detailed planning and risk management. A clear and detailed agreement is shaped in close cooperation with customers and other parties involved, covering what will be delivered, how, when and at what price. Having a detailed schedule ensures safe and efficient work processes, and predictability for both customer and supplier. When Aker Kvaerner tenders for a contract, therefore, the crucial requirement is to ensure a realistic framework for its bid. A good and open collaboration with the customer is essential in ensuring that projects are well executed. A clearly defined engineering, procurement and construction contract ensures realistic frame conditions and the best basis for good project execution. Turnkey Aker Kvaerner is a turnkey supplier. This means that customers, sub-contractors and other players can relate to a single lead partner. Subsequently, this reduces the uncertainty which arises at the interfaces between the various suppliers during a project. With Aker Kvaerner as contractor, the customer is assured that the job of identifying risk factors in all phases of the project will be tackled systematically. Cost control, good safety, the right quality and the ability to reach milestones on time call for close follow-up at every level when executing a project. All changes to the schedule and contract specifications can affect costs, quality and execution time. Open communication is therefore crucial in ensuring the best possible response to any challenges which arise.
Foto: Norsk Hydro ASA Aker Kvaerner 2003 ■ 9 Grane: Lifting the quarters module into position on the North Sea field in early May 2003. Aker Kvaerner has delivered the jacket and all the modules for Norsk Hydro’s integrated production, drilling and quarters platform. The Group passed every milestone on schedule, to the right quality standards and below budget in executing a contract worth NOK 3.5 billion. Pharmaceuticals: Aker Kvaerner has the expertise and experience needed to solve the challenges facing its customers in developing and building advanced biotechnology and pharmaceutical factories. End-product focus: Commercial awareness, hands-on management, transparency Feasibility & concept System definition Detailing & fabrication Assembly/ erection System completion Tender & kick-off Execution Systematic project execution Norsk Hydro’s Grane project in the Norwegian North Sea represents one of the most successful integrated field developments ever implemented. Aker Kvaerner’s expertise and experience with executing turnkey projects ensured that all milestones were passed on time, with good HSE results. Hydro saved around NOK 1 billion on its original budget. Some of the project's experiences are presented here. Hands-on management at all levels – in every phase Clear leadership and divisions of responsibility for competent personnel at all levels takes care of HSE, quality, economics and progress. Management must have a clear strategy for execution, and contingency plans for handling changes. Good planning The concept must be developed to solve relevant technological challenges in an efficient manner and to fulfil financial expectations for the project. Submitting a good bid lays a sound basis for detailed budgeting and cost control throughout the project. Systematic execution Continuous analysis of the project’s social, technological, economic, fabrication and logistical challenges ensure that all risks are taken fully into account. Detailed planning with clearly defined phases and milestones provide predictability for customers and society as a whole. Quantifying all elements in a project secures an overall view and continuous control. Tools for systematic supervision ensure that the delivery meets the required quality, and that progress accords with the original schedule. Relationship building Open and direct communication with the customer, sub-contractors and the wider community builds trust and ensure good relations throughout the life of the project. Experience is systematically utilised to ensure continuous development of employees and improvement of deliveries, so that customers and society share in Aker Kvaerner’s progress as a supplier.
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