Essential PIMS Concepts and Economic Analysis for Managers & Economists

Learn the essential concepts and basic navigation of PIMS. Geared for non-engineers, this course focuses on understanding and analyzing PIMS results without the complexity of model building. Learn to apply constraints to an existing PIMS model and run various case scenarios. Analyze the report data to perform basic economic evaluations.

Audience:

Managers and non-technical personnel who have no experience in linear programming. This course provides a basic understanding of how to use an existing PIMS model for economic analysis.

Training Details

  • Course Id:

    RPA100

  • Duration:

    2 day(s)

  • CEUs Awarded:

    1.4

  • Level:

    Introductory

Benefits

  • Learn basic navigation of PIMS
  • Apply constraints to an existing PIMS model
  • Execute various case scenarios and analyze information from Aspen PIMS reports
  • Perform basic economic evaluations

Approach

  • Instruction on principle topics
  • Hands-on problem solving approach allows the student to gain an understanding of how to apply constrains and setup Aspen PIMS cases
  • Class workshop problems are designed to illustrate how to run Aspen PIMS and use the results for economic analysis

Pre-requisites

A basic understanding of  Microsoft Windows and a working knowledge of Microsoft Excel, together with a general awareness of the interaction between petrochemical technology operations and planning is strongly suggested.

Agenda

Introduction to Aspen PIMS
  • Provide an overview of Aspen PIMS, planning and scheduling technology:
    • What is PIMS?
    • Who uses PIMS?
    • How is PIMS used?
    • What is a typical work process?

Review of LP Concepts
  • Introduction of basic linear programing ( LP ) concepts

Navigating Aspen PIMS
  • Review of the Aspen PIMS interface and setup of the model tree
  • Discuss data and file management

Review of Aspen PIMS Results
  • Review selected reports for an executed model

Aspen PIMS Platinum
  • Introduce the capabilities and features of Aspen PIMS Platinum user interface
  • Use Aspen PIMS Platinum to create and edit flowsheets
  • Workshop: Investigate Model Results in PIMS Platinum

Applying Constraints
  • Introduce the tables used within PIMS to apply constraints

Case Stacking
  • Introduce and define cases in Table CASE
  • Generate cases with PIMS-SET
  • Workshop: Case Stacking – Add Table CASE to a model with multiple cases

Aspen PIMS Data Tables and Table Format
  • Introduce the Aspen PIMS Data Tables and Table Format conventions

Valuing Streams
  • Introduce Marginal Cost and Marginal Revenue Curves
  • Discuss Marginal Value and Breakeven values

PIMS Assay Management
  • Introduce the capabilities and features of PIMS Assay Management
  • Workshop: Run Spot Crude Evaluation.

Class Problems
  • Investigate Model Results in PIMS Platinum
  • Using Table CASE
  • Evaluate a Gasoline Feedstock
  • Evaluate the Impact of Blending Specification change
  • Evaluate Varying Qualities of and Intermediate Feedstock (CatCracker)
  • Economic evaluation of a new process unit (C5/C6 Isomerization Unit)
  • Unit Shutdown Planning
  • Evaluation of a New Crude Oil
  • Crude Oil Selection
  • Spot Crude Evaluation with Assay Management

Register for a Class

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Aspen Technology, Inc. awards Continuing Education Units (CEUs) for training classes conducted by our organization. One CEU is granted for every 10 hours of class participation.