a simple introduction to asset management

A simple explanation of effective Asset

Management10 May 2015

Ivan Winter BE HonSenior Asset & Engineering Consultant Ingenia

This Presentation and Asset Management Model is the IP and copyright © of Ingenia Pty Ltd 2009 and must not be reproduced without permission.

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Mr. Fix ItAll maintenance teams “Execute Work”.

When a piece of equipment fails, they figure out what went wrong

and then they fix it.

They usually do some regular services to care

for the assets.

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Most organisations have a maintenance work list

“The Backlog”.

They do some planning and scheduling,

They source parts and labour,

Service Generator

and some routine preventative Jobs

are generated.This is what most EAM

or CMMS computer systems are designed

to manage.

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Most organisations see the need to make a list of work that needs to be done “The Backlog” and they do some planning and scheduling of the work.

Parts and services must be sourced for the work.

Most EAM or CMMS computer systems are designed to manage these activities.

These systems are getting more

sophisticated - but are they effective?

Image – Elate Wiki

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“The Backlog” is important.

Service Generator

But where do the jobs come from?

and how do you know they are going to

effectively care for the assets?

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Service Generator

These processes are designed to

efficiently deliver tactics.

But are they the right tactics?

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The first step for developing the right tactics is to study why

each asset fails,

Remember failure study requires resource and proper

processes to get results.

Failure patterns - Nowlan, F. Stanley, and Howard F. Heap. Reliability-Centered Maintenance. Report Number AD-A066579

A different tactic is

required for each failure

pattern.

If you do more overhauls for this

failure pattern then reliability will get

worse!

and it is critical to know when

it fails.

For wear out failure condition monitoring is

the best tactic

For “wear out” failure condition monitoring is

the best tactic.

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We recommend RCA to get up to 85% availability,

and RCM / FMECA to get to > 90%

availability.Failure Study Process

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Once the failure is fully understood, the best tactic is selected

and if the failure cannot be managed

then a design change may be required.

Proper tactics and design changes form

a better backlog.

The best tactic may be to change the

operating procedure.

This should improve the tactics delivered

because they are based on real failures.

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Doing these processes properly will improve

asset performance.

But they are not enough to ensure

success.

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It is important to check that the tactics are

working

and make improvements if

they are not.

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Also success is not possible without effective

management of safety and employee skills.

ISO 55000 expects employees to be

competent and safe.

Improving skills alone gives the most significant improvement in

reliability by reducing failure Pattern F

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This ensures the cost of Asset Care is linked to the

Organisation's expected outcomes(another ISO 55000 aim).

The Asset Management System should be aligned

with the Organisation’s Policies / Strategy and

Plans.

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Finally for the best result the organisation should forecast

asset requirements over their entire life to meet its

objectives

and measure how the asset performs

against these plans.

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Commitment to these processes and principles

should give the right asset performance.

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Thank youIngenia Pty Ltd

Chris MalcolmChris.Malcolm@Ingenia.com.auwww.Ingenia.com.au+61438 820 147

Ivan WinterIvan.Winter@Ingenia.com.auwww.Ingenia.com.au+61408 844 932