In the opening post of this series on comparing different NERC compliance approaches, I talked about the deficiencies of using Excel to manage NERC compliance. In this post, let us turn our attention to homegrown solutions, usually MS Sharepoint or Document Management platform-based, that support varying degrees of data and document management and perhaps, notifications. […]
Guest Blog by Nick Santora, Chief Executive Officer of Curricula NERC CIP is constantly evolving. But the principals of being audited have been around for decades and decades. Why do some organizations do so well on their NERC CIP audits and some don’t? Why can some organizations struggle to find evidence and understand their own processes? […]
Excel spreadsheets are workhorses. There isn’t a business in any industry in the world that doesn’t have someone, somewhere, using Excel to track or calculate something. Some utilities insiders estimate that nearly 50% of companies, subject to NERC compliance requirements, use Excel to manage their NERC compliance data/activities. Logic helps explain why such a ubiquitous […]
“Managing by exception” is a common business best practice that aims to help organizations improve efficiency, and as a result, drive better outcomes. It essentially proposes that if you want to be more efficient, you should focus on the pieces of your process that are deviating from the norm – i.e., the exceptions. This prevents […]
For most oil and gas organizations, the ready-to-drill process revolves around Monday morning meetings. The team gets together and reviews the spreadsheets that contain all the details about the drilling schedule. They figure out who needs to do what to keep things moving and walk away with their marching orders until the following week. This […]
For this installment of our series on how utilities can automate operations and planning processes, we get to say something unusual: NERC and its regional entities just made your life easier. As compliance managers know, regulatory compliance doesn’t just fall to NERC. In the past, this has been a source of considerable headache. Each regional […]
By IPKeys Power Partners|February 4th, 2019| EATONTOWN, NJ Feb.4, 2019 – IPKeys Power Partners (ipkeyspowerpartners.com) announced today the completion of the acquisition of SigmaFlow LLC, the leading provider of utility-focused automated compliance technology for North American Electric Reliability Corp. (NERC) Critical Infrastructure Protection (CIP) regulations. The acquisition accelerates IPKeys strategy of leveraging its Cyber Lab as […]
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.
There are limited seats available, register now for this webinar. http://www.sigmaflow.com/webinar-registration-5-2-19
There is a lot of discussion in the industry on the value of a database for NERC compliance versus using tracking systems such as Sharepoint or Excel spreadsheets. There are severe limitations placed on a compliance program that is still using these systems compared to a comprehensive compliance database. I have personally worked with […]
We are thrilled to announce that IPKeys Power Partners has acquired SigmaFlow LLC, the leading provider of utility-focused automated compliance technology for NERC CIP regulations. IPKeys Power Partners is a wholly owned subsidiary of IPKeys and provides the utility, energy and municipal public safety sectors with Meter and Operational Data Management, Cyber Security, Public Safety […]