CAPEX OPTIMIZATION
Project Optimizer
Advanced asset performance and throughput simulation.
PRO is an advanced simulation software that combines RMES digital models and Monte Carlo simulation to generate realistic throughput scenarios. PRO provides extensive tools to model asset performance, represent process configurations and capacities, and simulate a process’s throughput, runtime, and availability. These capabilities let users predict bottlenecks, optimize CAPEX, and evaluate a process’s full potential.
Simulate stoppage events that impact runtime and process rate, using probability distributions and a Monte Carlo simulation engine.
Model performance parameters at the equipment and process level, and use RMES digital models to calculate system performance using bottom-up algorithms.
Use granular parameters to define simulation scenarios, including failure probability distributions, maintenance plan frequency, equipment capacities, redundancy levels, stockpile flows, etc.
Evaluate the risk of meeting throughput and runtime targets when considering detailed life-cycle equipment performance forecasts.
Evaluate whether a process can meet its full potential by simulating the individual and combined impact of improvement initiatives, including OPEX and CAPEX scenarios.
Evaluate alternative CAPEX scenarios by modeling specific changes in equipment and process configurations, and quantify impact on runtime and throughput.
Success cases using PRO
CAPEX optimization in a mining capital project
Our PRO simulation product discovered opportunities to save US$ 200 million by optimizing stockpile capacity in an engineering project.