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IDENTIFICATION AND OPTIMIZATION OF OVER-ENGINEERED COMPONENTS

  • US 20130110573A1
  • Filed: 11/02/2011
  • Published: 05/02/2013
  • Est. Priority Date: 11/02/2011
  • Status: Abandoned Application
First Claim
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1. A capital project optimization tool comprising:

  • a project design interface configured to accept component input representative of a component within a capital project;

    a project database storing project metrics, the component input as component and environmental characteristics, and component requirements associated with the capital project;

    a component database storing historical component information as historical component characteristics, historical project environmental characteristics, and corresponding historical requirements; and

    an optimization engine configure to;

    correlate the component with similar historical components through comparing corresponding component characteristics and environmental characteristics;

    identify an over-engineered historical component from the similar historical components where the over-engineered historical component exceeded satisfaction of its historical requirements;

    identify alterative historical components from the component database having similar component characteristics to the over-engineered component, satisfying the component requirements, and having a different-level of satisfaction of the historical requirements of the over-engineered historical component; and

    present, via the design interface, at least one of the alternative historical components, where the at least one of the alternative historical components optimizes at least one of the project metrics.

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