| L&T Hydrocarbon has standardised on the software Primavera for project planning, scheduling and control. Primavera is a project management software that reflects the very nature of the business model in the way the project information is stored. It allows management and exchange of information for a project between disparate locations through a web-site based interface. Apart from proper resource usage, it also allows project tracking, report generation and resource scheduling. The project website can be published on the Intranet and usage can be restricted at different levels like Enterprise level or project level. |
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| The use of Primavera as a project management tool allows L&T to easily roll up project information and make this information available faster between different units working on the project. Consequently, the impact of a particular project's performance is visible across all units and projects thereby improving the scope for efficiency and eliminating delay factors. |
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Integration of SAP Project System (PS) module with Primavera - L&T has developed an in-house tool “Inspire” to integrate the PS module of SAP with Primavera. This provides synergy of cost data, materials data and physical progress in real time project environment. The project team which has created project data in Primavera now do not have to re-create it in SAP. The integration also aids in keeping track of financial health with respect to physical progress of project like Earned Value analysis, return analysis, etc., in SAP together with analysis of delay and associated costs. Apart from tracking the actual cash flow of projects, retrieving Business Warehouse (B/W) reports for profitability analysis, risk analysis and procurement related activity is also possible. Knowledge Management is an art of creating value from an organisation's intangible assets. It involves an integrated approach to the creation, capture, retention, accessing, sharing and leveraging of an enterprise's information assets for business gain. |
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| Knowledge Management is one of the major Business Specific Initiatives (BSI) undertaken in L&T Hydrocarbon, meant to harness the knowledge and experience of its people. It encompasses a very massive task of integrating the vast resources of explicit knowledge and the tacit knowledge in L&T Hydrocarbon. The integrated Knowledge Management system of L&T Hydrocarbon is called KnowNet and is used for harnessing the tacit knowledge and experience of the personnel involved in hydrocarbon project execution. It has following modules with focus on specific aspect of Knowledge Management. |
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| Knowledge On Line (KOL) - KOL is an application developed in-house with focus on becoming a central repository of all project / proposal specific experiential learning and has the prime objective to minimising efforts dissipated in re-learning, i.e., Learn once, Converting personal knowledge to organisational knowledge and Leveraging organisational knowledge in delivering business advantage to customer. |
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| DocNet - L&T Hydrocarbon has a reliable document management system in DocNet based on MOSS 2007 platform, which runs on an enterprise server. This web-enabled document management system helps the various project teams to store their project specific documents including drawings, specifications, manuals and correspondence in a secured environment. The document management system helps users in the entire life cycle of the document right from creation to the archival of the document. It is enabled to collaborate with Vendor, Client,Licensor, PMC or any agencies who are outside the network of L&T Hydrocarbon. |
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| Innovation Channel – This is a medium that gives opportunity to the people of L&T Hydrocarbon to bring forth new ideas / suggestions based on what they have observed elsewhere or read about in the areas of emerging technologies or just better ways of working. |
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| Community Of Practice (COP) - A CoP is a team of people who are practitioners of a well-defined knowledge domain who come together to capture, create and share relevant knowledge, in pursuit of business excellence. |
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