So far in our blog series on automating your Operations and Planning processes, we’ve examined FAC-008 – both Automating the Facility Ratings Management Process (FAC-008) and 6 Ways to Automate Your Facilities Management Processes. Today we’ll take a closer look at a different standard: PRC-005, which addresses Protection System and Automatic Reclosing Maintenance.
Co-Written with Guest Blogger: Kevin Conway, Executive VP-Operations at Intellibind In our last post, Automating the Facility Ratings Management Process (FAC-008), we looked at the intricacies of FAC-008 and the challenges that many organizations face with their facility management processes. Today, we’ll explore the modern alternative to spreadsheets and in-house databases for FAC-008 management: an […]
In this blog series, we’re examining how an automated approach to operations and planning processes can help organizations improve compliance and streamline processes across the organization to add more business value. Today we’ll look at facility ratings management, specifically FAC-008.
NERC’s FAC-008 requires that utilities define and maintain a Facility Ratings methodology, apply that methodology to its solely and jointly-owned BES Facilities, and communicate those Facility Ratings to impacted parties. It can be challenging to comply with the FAC-008 standard because related work is often distributed and shared across various business groups and information is maintained in a whole host of applications and spreadsheets. In addition, because of the large number of components that comprise a Facility, there is serious potential for calculation errors.
As an electric utility, you don’t get to decide if you will comply with NERC operations and planning standards, but you do get to determine how.
Many compliance teams still tackle compliance manually, with spreadsheets, email, repurposed project management or other tools, and maybe some duct tape. This works until it doesn’t: the list keeps getting longer, from an ever-increasing set of requirements to the growing load of tasks and actions associated with them, and your team is too small to handle everything effectively. Tasks fall through the cracks, people fall behind, so your overall compliance percentage falls, too. But you’re mandated to meet the requirements, you need to make sure your data stays within bounds, and you need to do it on an ongoing basis – which means at some point, you need a better solution.
No matter what a business does, what product it sells or service it provides, it needs to have a clear, differentiated point of view. In today’s post, we want to explain that point of view for SigmaFlow: what makes us different, and how it helps you?
Here is the one sentence answer:
SigmaFlow combines deep domain expertise with a best-in-class workflow platform built and configured specifically to solve our customers’ unique industry problems.
In a few more words:
We understand NERC compliance, and the oil and gas industry. We come from a strong, technical workflow and automation background. We bring together our domain expertise and technological proficiency to deliver a tool that has everything you need already built in. That means you can increase efficiency, reduce costs, and better manage risk.
Here at SigmaFlow, we’ve worked with utility company regulation and compliance groups long enough to know the industry pretty well. In our combined years, here are some things that we’ve never heard compliance teams say:
-We have too many resources, how are we going to keep all these people busy?
-Look at all the extra time we have on our hands!
-Keeping up with all of these regulations and requirements sure is fast and easy.
-NERC makes CIP compliance a breeze!
-My compliance objectives are so simple, I have people, budget, and time left over.