= JORD Phase F (Front-End) - Mid-Term Report =
''June 7th, 2010''
== Purpose ==
This report is created some weeks before the conclusion of Phase-F in order to appraise PCA & FIATECH members and other interested parties on progress and on expectations for project deliverables and future phases.
(The agreed ''''high-level plan'''' and earlier '''''public announcement''''' are applicable.)
== Status & Deliverables ==
JORD project Phase F is well advanced, currently expected to complete in July 2010.
(High-level planning during 2009 originally intended that Phase F would be executed during 1Q10, but agreement to proceed was not achieved until 1st March 2010.)
Deliverables are detailed scopes, specifications and plans for Phases 1 & 2 and ongoing operation, and the transition to a sustainable, scalable future operation.
Also recognized at the outset was the importance of business-model considerations, and much of the effort in Phase F focused on the long term core business operational requirements. Essentially, when asking prospective members and participants to sponsor the remaining development project and subscribe to the ongoing operation, the key question is:
'''''“Before I commit to sponsor or subscribe, how is this going to be reliable, sustainable and scalable in support of my own business needs and investments in the long term.”'''''
There are therefore two supporting deliverables in Phase F:
* a business-model description of the sustained RD Operation, and
* a prospectus for future participation.
The '''''Business-Model''''' describes the sustained organization, resources and funding, as well as governance aspects. This necessarily includes forecast costs and market sensitivity aspects.
The '''''Prospectus''''' is an invitation to participate, through funding (project sponsorship, operational subscriptions and other fees), through resources or as a supplier of tools and services. This prospective will describe specifically what is being proposed and address other possibilities and considerations through FAQ’s.
= PCA & FIATECH Announce JORD - Joint Operational Reference Data =
''AUSTIN, TX and OSLO, Norway, February 24th, 2010''
POSC Caesar Association (PCA) and FIATECH have agreed on a single “Joint
Operational Reference Data” project plan to create in 2010 a stable,
scalable and commercially-viable operation of the ISO15926 reference data
system and associated services.
Boards of both member organizations have already agreed funding for the
front-end phase to start in March, with a governance board and project
manager already in place.
A key deliverable of this phase is the business model for the remainder of
the investment project and the sustainable longer term operation, providing
industry with free access to reference data in perpetuity. Existing and new
members will be able to provide further investment in the implementation
phases in the remainder of 2010.
“So much of what ISO15926 promises is already proven, and what industry now
demands is a flexible, scalable and sustainable reference data operation on
which business interoperability can depend. This joint FIATECH and PCA
project will deliver that operation,” explains Ric Jackson, Director,
FIATECH.
Nils Sandsmark, General Manager, PCA adds “the existing PCA reference data
system and services have been developed over many years and were declared
operational in 2009. PCA welcomes this opportunity to work with FIATECH to
extend the global reach and scope of the joint reference data operation.”
“Come and see for yourself and share your expectations with us in ISO15926
workshops at the upcoming conferences,” adds Ian Glendinning, Joint Project
Manager.
* !DigitalPlant Conference, Houston, TX www.daratechplant.com
(1st to 3rd March),
* PCA Members Conference, Houston, TX www.posccaesar.org
(4th March), and
* FIATECH 2010 Technology Conference & Showcase, Austin, TX
www.fiatech.org (29th to 31st March)
For more information contact Ian Glendinning (`ian@glencois.com`)
ISO15926 – provides unambiguous shared reference data that enables
interoperability across disparate business and technical systems throughout
the whole energy and capital facilities industries life cycles. Reference
data comprises content as a Reference Data Library (RDL) that is an
extensible Work-in-Progress (WIP), enabled and supported by Reference Data
Services (RDS). That reference data ranges from basic dictionary terms to
sophisticated information usage patterns supporting the most advanced
semantic web uses as well as simple file exchanges.
POSC Caesar Association - PCA started as a Norwegian R&D project in 1993 to
develop open standards for information integration and interoperability and
became the international PCA members association in 1997. Having created
ISO15926, it continues to support its development and use, and currently
operates the PCA Reference Data Service. See www.posccaesar.org
FIATECH - is an industry consortium that provides global leadership in
identifying and accelerating the development, demonstration and deployment
of fully integrated and automated technologies to deliver the highest
business value throughout the life cycle of all types of capital projects.
See www.fiatech.org