One of the unique features of PIP is that each Member benefits from the collective efforts of the other Members. The cost, schedule and operability benefits, coming from the use of PIP Practices, increase as the number of users increase. The PIP value is created by active use, contributions, and participation from member companies.

Members Reported Recent Successes:

• Up to 70% reduction in costs for generating and maintaining internal company standards.
• Reduced valve inventory by 10% using PIP Practices.
• Piping Practices save up to 1.6% of total installed cost and 2 weeks on schedule.
• PIP davits cost 7% less than others.
• Estimated potential 6% savings in total installed cost for project.
  (See PIP Paper Measuring the Value below)

Position Paper PDF (318 KB)
"PIP - A Way to Achieve up to 6% Savings on Your Capital Projects."

PIP Paper - Measuring the Value" PDF (32 KB)
This paper was presented at the April 1999 General Meeting and is now available for downloading.