IDENTIFICATION AND OPTIMIZATION OF OVER-ENGINEERED COMPONENTS
First Claim
Patent Images
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.
1 Assignment
0 Petitions
Accused Products
Abstract
A capital project optimization tool is presented. Engineers can interact with the tool by submitting one or more capital project components to an optimization engine. A current component can be correlated with historical components to identify if similar historical components have been used in similar circumstances. If so the engine can determine if the similar historical components where over-engineered. Alternatives components can be found that would have a better satisfaction level for historical or current project requirements. The alternative components can also have a different level of estimated impact on one or more project metrics.
-
Citations
21 Claims
-
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. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
-
Specification