asset management solutions for energy
DESCRIPTION
TRANSCRIPT
analyses to evaluate optimal assessment, repair,
refurbishment or replacement/decommissioning
timing.
Enabling Technology to Support Energy Utilities Best Practices. In world-class asset management organizations,
technology plays a key role in supporting the
asset information needs of the organization,
capturing and maintaining continual condition
assessment information and each asset’s life
cycle costs. The Black & Veatch approach to
technology is based on our belief that
technology should be an enabler of business
performance improvement or success.
Leveraging the depth and breadth of our best
practices and utility-specific technology
experience ensures that solutions are tailored
specifically to your utility and integrated with
your business processes and people to maximize
the value from your technology investment.
Unparalleled Depth and Breadth ofInfrastructure Management Expertise.Going beyond the asset inventory and condition
assessment requires a multi-disciplinary team of
professionals to identify the value-added
activities for your specific agency—to ensure
effective implementation with the greatest value
gained. Black & Veatch has grown with the
industry, remaining on the leading edge of
strategic and tactical-level Asset Management
program development in North America,
Europe, Asia and Australia.
© Black & Veatch Holding Company 2009. All Rights Reserved. The Black &Veatch name and logo are registered trademarks of Black & Veatch HoldingCompany. Other services marks and trademarks included herein are thetrademarks or registered trademarks of their respective companies. 6/15/09
ASSET MANAGEMENT SOLUTIONS FOR ENERGY Delivering
AssetPerformance
AssetConditioningMonitoring
PerformanceManagement
System
SystemPlanning
ModelFinance/HR
System
Asset RiskManagement
AssetLifestyle
Optimization
Materialsand InventoryManagement
Work Management
CIP andOperationalBudgeting
CapacityAnalysis
Customer Careand Billing
SCADA
OutageManagement
System
CustomerInformation
System
Meter DataManagement
Systems
GIS
EAM/CMMS
Mobile Dispatching
and Response
For more information on Asset Management, call(913) 458-3440, email [email protected] or visit uson the Web at www.bv.com/consult.
BUILDING A WORLD OF DIFFERENCE® BUILDING A WORLD OF DIFFERENCE®
One of the fundamental elements of a Utility of the Future is the ability to optimize
assets and operate efficiently. Maximizing the use and performance of infrastructure
assets, while ensuring that quality and reliability of service are not compromised, has
become increasingly critical to utilities around the globe. Critical questions to tackle
when initiating an Asset Management Program include:
�� Which Asset Groups are most critical to
delivering value to the Triple Bottom Line
(Environment/Social/Economic)?
�� What Program Elements will provide the
greatest value in the short term and in the
long run?
�� Which Asset Management Program is best
for my Organization?
�� How do we prioritize our Asset Management
investment options?
�� What are the long-term implications of
my asset investment decisions in generation
transmission and distribution?
By leveraging our decades of experience, Black & Veatch’s Asset Management
Solutions Team, provided through our Enterprise Management Solutions (EMS)
division, can help answer these and other critical questions to jump start your Asset
Management Program.
Energy utilities looking to
implement a smart grid first
need to find ways to optimize
their current expenditures,
reduce risk exposure, and build
confidence in their asset-related
decision making. Black & Veatch
Asset Management can help.
� Global Leadership in Asset Management Practices
� Value Developed Early through Practical Improvements
� Intelligent, Integrated Utility Information Technology Solutions
� Structured Enterprise Asset Management Framework and Program Development Approach
The Black & Veatch Difference:
ASSET MANAGEMENT SOLUTIONS FOR ENERGY
The selection and implementation process for youroptimum technology solution ensures the best
functional match and mitigates the risks inherent inlarge-scale implementation projects.
Asset Management involves a broad spectrum
of systems, technologiesand processes
within your utility.
BV-107 Asset Mgmt Electric.qxd 6/12/09 1:26 PM Page 1
One of the fundamental elements of a Utility of the Future is the ability to optimize
assets and operate efficiently. Maximizing the use and performance of infrastructure
assets, while ensuring that quality and reliability of service are not compromised, has
become increasingly critical to utilities around the globe. Critical questions to tackle
when initiating an Asset Management Program include:
�� Which Asset Groups are most critical to
delivering value to the Triple Bottom Line
(Environment/Social/Economic)?
�� What Program Elements will provide the
greatest value in the short term and in the
long run?
�� Which Asset Management Program is best
for my Organization?
�� How do we prioritize our Asset Management
investment options?
�� What are the long-term implications of
my asset investment decisions in generation
transmission and distribution?
By leveraging our decades of experience, Black & Veatch’s Asset Management
Solutions Team, provided through our Enterprise Management Solutions (EMS)
division, can help answer these and other critical questions to jump start your Asset
Management Program.
Energy utilities looking to
implement a smart grid first
need to find ways to optimize
their current expenditures,
reduce risk exposure, and build
confidence in their asset-related
decision making. Black & Veatch
Asset Management can help.
� Global Leadership in Asset Management Practices
� Value Developed Early through Practical Improvements
� Intelligent, Integrated Utility Information Technology Solutions
� Structured Enterprise Asset Management Framework and Program Development Approach
The Black & Veatch Difference:
ASSET MANAGEMENT SOLUTIONS FOR ENERGY
Asset Mgmt Electric 2009REV.qxd 6/11/09 11:05 AM Page 1
Sustaining Value through Asset Management.The level of awareness of a utility’s aging assets
and the critical need to manage them in a more
efficient and effective way has increased with
the utilities themselves, their customers and
governing bodies. Through most of the past
century, most of the focus was on making new
infrastructure investments, with little attention
being given to the impact of
environmental or political
decisions, or to the fact that
the existing infrastructure
was reaching the end of its
useful life.
Today many utilities have
embarked on the initial
“assessment” stage of Asset
Management, conducting
system-wide asset inventories and assessing of
the condition of their assets to help understand
the magnitude of the near-term capital
rehabilitation and replacement needs. Other
utilities have recognized the value gained by
developing a continuous improvement model
through their asset management program.
Enterprise Asset Management Strategic Framework.The Black & Veatch Team applies our proven
approach to developing your asset management
solution by integrating each of the
core elements of improvement:
Strategic Planning, Organizational
Development, Business Process
Improvement, Performance
Management/Monitoring,
Technology and Information. This
standard approach is tailored for
each unique project, taking into
consideration our client’s overall
objectives for the AM program
and their current business model.
Getting Started. Black & Veatch’s proven
Comprehensive Asset
Management Readiness
Assessment (CAMRA) approach,
led by our industry-experienced
asset managers, and armed with a
robust toolbox, will help you
jump start your Asset Management
Program (AMP).
Our professionals will work
closely with a cross-section of
key members of your
organization to efficiently assess the current
state of your AM set of practices. We help you
establish a vision and strategy for your
improved AMP and compare your current state
Over the next 10 years,billions of dollars will beneeded in North Americaalone to refurbish orreplace assets nearing theend of their lifecycle. Isyour organization ready to meet the challenge?
AssetLifecycle
RETIREPlan
Improve
Monitor Operate
Construct
STRATEGY
Our Asset Management approach maximizes asset value through all the lifecycle phases.
Asset Mgmt Electric 2009REV.qxd 6/11/09 11:05 AM Page 4
and desired state, using our comprehensive
Enterprise Asset Management (EAM)
Framework, to quickly understand which
improvement areas will provide the most
returned value.
No matter where you choose to start in the
development of an Asset Management Program,
the Asset Management
Solutions Team from
Enterprise Management
Solutions (EMS) puts you in
control. Early in each of our
engagements, we develop an
in-depth understanding of
your business goals and
provide the tools and expertise
to develop your agency’s
strategy and a tailored
implementation plan that
maximizes the value you
receive from the investment in
your asset management program. One of our
team’s key focuses is to identify and implement
early wins.
Early wins designed in every asset management program.Early wins are established in the development
of your Asset Management Program in a very
practical manner. These “wins” are based on our
philosophy, derived from years of experience in
the industry, that our clients will realize over
90% of their savings from their AM Program
through one of the following three areas:
1. Improvement of operations and
maintenance processes.
Black & Veatch’s Asset Management solution is a holistic program that covers Strategy, People, Process and Technology.
Build AM Plan
Determine Funding Strategy
Optimize Capital Investment
Optimize O&M Investment
Determine Business Risk (”Criticality“)
Set Target Level of Service (LOS)
Determine Lifecycle & Replacement Costs
Determine Residual Life
Assess Condition Failure Modes
Develop Asset Registry
Change Management
Strategy 5
4
3
2
1
0
Our comprehensive Asset Management Readiness Assessmentwill help you jump start your Asset Management Program.
Asset Mgmt Electric 2009REV.qxd 6/11/09 11:05 AM Page 5
2. Establishing asset lifecycle
optimization processes.
3. Knowledge Management.
Business Process Improvements to Achieve Maximum Value.Black & Veatch’s electric industry asset
management practitioners are experienced in
reviewing business processes and
facilitating improvements resulting in more
effective inter-departmental communication
consistent application of critical asset
management work processes, and quality
information-based decision making.
Condition Assessment is a Continual Process.Effective asset management involves the
continual collection and recording of asset
condition over time as part of normal business
processes and incorporating this information
with the risk and impact of failure to dynamically
plan for replacement on a just-in-time basis.
Risk-Based Maintenance Strategies Optimize Capital and O&M Dollars and Increase Reliability.Black & Veatch’s process for condition
assessment integrates risk analyses to optimize
the condition assessment program. Through this
process, your utility gains a clear understanding
of the following critical questions through a
Failure Modes and Effects Analysis (FMEA)
that will drive the development of an optimal
condition assessment program:
� What is causing the high frequency failures?
� Which failures pose the biggest risk?
� How do I assess, predict and eliminate these
high-risk failures before they happen?
� What is the optimal replacement timing of
my assets considering budget constraints and
minimizing risk to my utility?
Black & Veatch’s Approach to Risk-Based Infrastructure Planning.Black & Veatch’s Asset Management solutions
team gives our clients high-value assessment
through risk-based planning that integrates risk
ConditionMonitoringApproachfor RULPrediction
DiscreteConditionAssessment
Phys
ical
Con
ditio
n G
rade
Potential DifferenceBetween Discrete
Assessment & Monitoring
RUL PredictionRUL
Asset Age (Yrs)20
VeryGood
Good
Moderate
Poor
VeryPoor
40 60 80 100
Effective asset management involves thecontinual collection and recording of asset
condition over time.
Our integrated approach quantifies and incorporates risk into Capital and O&M project optimization.
Asset Mgmt Electric 2009REV.qxd 6/11/09 11:05 AM Page 6
analyses to evaluate optimal assessment, repair,
refurbishment or replacement/decommissioning
timing.
Enabling Technology to Support Energy Utilities Best Practices. In world-class asset management organizations,
technology plays a key role in supporting the
asset information needs of the organization,
capturing and maintaining continual condition
assessment information and each asset’s life
cycle costs. The Black & Veatch approach to
technology is based on our belief that
technology should be an enabler of business
performance improvement or success.
Leveraging the depth and breadth of our best
practices and utility-specific technology
experience ensures that solutions are tailored
specifically to your utility and integrated with
your business processes and people to maximize
the value from your technology investment.
Unparalleled Depth and Breadth ofInfrastructure Management Expertise.Going beyond the asset inventory and condition
assessment requires a multi-disciplinary team of
professionals to identify the value-added
activities for your specific agency—to ensure
effective implementation with the greatest value
gained. Black & Veatch has grown with the
industry, remaining on the leading edge of
strategic and tactical-level Asset Management
program development in North America,
Europe, Asia and Australia.
© Black & Veatch Holding Company 2009. All Rights Reserved. The Black &Veatch name and logo are registered trademarks of Black & Veatch HoldingCompany. Other services marks and trademarks included herein are thetrademarks or registered trademarks of their respective companies. 6/15/09
Delivering Asset
Performance
AssetConditioningMonitoring
PerformanceManagement
System
SystemPlanning
ModelFinance/HR
System
Asset RiskManagement
AssetLifestyle
Optimization
Materialsand InventoryManagement
Work Management
CIP andOperationalBudgeting
CapacityAnalysis
Customer Careand Billing
SCADA
OutageManagement
System
CustomerInformation
System
Meter DataManagement
Systems
GIS
EAM/CMMS
Mobile Dispatching
and Response
For more information on Asset Management, call(913) 458-3440, email [email protected] or visit uson the Web at www.bv.com/consult.
BUILDING A WORLD OF DIFFERENCE®
The selection and implementation process for youroptimum technology solution ensures the best
functional match and mitigates the risks inherent inlarge-scale implementation projects.
Asset Management involves a broad spectrum
of systems, technologiesand processes
within your utility.
Asset Mgmt Electric 2009REV.qxd 6/11/09 11:05 AM Page 2