What is this whitepaper about?
It is true that an effective document control system reduces both time and risk for a project or organization that is motivated heavily by deadlines and accuracy. Maybe even more importantly, a document control system could be considered the silent and on-going concern of reducing risk.
So, whether looking at project management during the development phase, during regularly scheduled maintenance, or during unscheduled repairs throughout the lifecycle of an oil & gas project, having up-to-date, as-built information is critical to reducing both the risks and the high costs associated with revisions to project documentation.
The importance of a Document Control System
The lack of optimal document control can cost a company millions of dollars, cause safety threats to employees, and create health and safety concerns to both the environment and the people involved. Implementing strong engineering document management and/or document control systems can reduce the risks that engineering and Owner Operator companies face.