NASA NTRS · 20160008074
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Newman, Lauri K.. 2016-06-27. NASA Conjunction Assessment Risk Analysis Approach. https://ntrs.nasa.gov/citations/20160008074
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To remain economically viable in today’s electricity marketplace, nuclear power plants are replacing old analog equipment with modern digital tools. Having information available in an electronic format allows most work processes to become more efficient by automating simple, time-consuming tasks. However, with thousands of routine work processes performed every day, it can be difficult for the plants to know where to begin. We partnered with a nuclear utility to develop a novel assessment tool that measures seven health indicators for each work process performed, providing a rapid digital status report of the plant. The assessment tool is inexpensive and user-friendly, administered remotely, and automatically customized to each employee. Data from 167 employees representing different perspectives were analyzed to identify optimal candidates for digital initiatives that yield the highest payback for increased process efficiencies. We ranked by a priority index to ensure that processes with a good combination of time savings and digital opportunity were at the top. The focus was on determining a maximum investment to ensure that the cost savings from these initiatives are positive over a specified period. We identified potential cost savings of $2.6m, $1.3m and $1.2m for our top priority processes. By using our novel assessment tool to determine the digital status of the plant’s work processes, they were provided with a starting point for target candidates that would most benefit from a digital initiative. Our analysis helps stakeholders understand the financial impact of digital initiatives and identify maximum investment amounts when seeking technical solutions.
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