Asset Performance Management for Utility OptimizationOUUG 2020

Align Your Agency

UnderstandYour Utility

Balance Performance, Cost and Risk

BuildYour Asset ManagementProgram

+ Project Resource ProfilesJohn Clow -

• Co-Founder & COO of MentorAPM

• Co-Founder & CEO of Process Solutions Assurance (PSA)

• Former Utilities Practice Lead for Oracle WAM & MWM• Certified Reliability Leader (CRL) from

Association of Maintenance Professionals

• 20+ years implementing CMMS systems and asset management field

• Experience in asset management, maintenance management, work management, CMMS/EAM, GIS and ERP system design

Project Team Member Profiles

+ Project Resource ProfilesTacoma Zach• Co-Founder & CEO of MentorAPM

• CEO of Uberlytics

• Formerly Area Manager and Vice President with Veolia with P&L West

• Author “Criticality Analysis Made Simple”• Risk Based Decision Support and Criticality Analysis

• Certified Reliability Leader (CRL) from Association of Maintenance Professionals

• Senior Fellow of the Asset Leadership Network and Training Provider Co.

• Institute of Asset Management Certified Training Provider Co.

• Expert in ISO55000 and Asset Management

Project Team Member Profiles

+ Asset Management Foundations

n Asset Management:

n “the coordinated activity of an organization to realize value from assets”n ISO 55000, 2014 (3.3.1)

n Assets:

n An asset is an item, thing or entity that has potential or actual value to an organization".n ISO 55000, 2014 (3.2.1)

n What you write a work order against…T. Nelson (Former Dir. AM West, Veolia)

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4 Pillars of Asset Management

n Risk Based Decisionsn LOS Assurance

n Derive maximum value from assetsn Lowest Spend for LOS

n Have corporate line of sight to the field leveln Alignment (often misunderstood)

n Have executive support and sponsorshipn Leadership

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Asset Management software is only as good as the Asset Management Plan it supports.

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MentorAPM EAM BoostersSolutions to transform your utility enterprise asset management.

MentorAPM EAM Boosters

MentorAPM EAM Boosters

MentorAPM EAM Boosters

TRANSFORMATIONMentorAPM EAM Boosters

Millions have been slashed out of maintenance budgets.

Millions in misdirected resources have been identified for reallocation towards mission-critical assets and strategies.

Workforce efficiency has been dramatically improved through the Infield Mobile platform.

Significant risks have been identified and potential catastrophes have been averted.

MentorAPM EAM Boosters

Asset Performance Management Booster

Criticality Analyzer (CA)

MCES St. Paul250 MGD plant3 Fluidized bed reactors, boilers, steam turbines, power gen

Asset Performance Management Booster

Criticality Analyzer (CA)

+ Alignment !

n Big Utility in the Midwest, incl. huge fluidized bed reactors

n Initial Criticality: only to “Process Significance”

n Revised Criticality Analysis: Aligned to All Core Values and Objectives: n Staff Safetyn Public Healthn Regulatory and Environmentaln Production and Financialn PR and Customer Servicen +Levels of Service

+ Feeding Impact & Risk to WAM

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0

200

400

600

800

1000

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3 4 5 6 7 8 9

# As

sets

Criticality Before Aligned

Old vs Aligned Criticality

71% Risk was undiscovered and unmanaged

44% significant waste in resources

67% Misallocation of Resources

A LOOK AT COSTS

+ Preventative and Corrective Cost by Risk

$-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

3 4 5 6 7 8 9

Risk

PM Cost Corr Cost

What you are doing isn’t working

Too much focus

+ Immediate Result?

n Rethink PM / CM Analysis – are we spending effort in the right places?

n Have we been doing the right things in our PMs (recent PM optimization roll-out)

n Drill into Outliers: Cost of parts? Hard to access? Other reasons for heavy resource drain? Training needs?

+ BIG Opportunity

n Re-allocate resources (20% of Budget - $5MM)

n Rationalize spend where matters most (20% savings)

n Focus PM better on Critical Assets to Drive Condition

n Address ratio of emergency to PM ratio

MentorAPM EAM Boosters

Work Management Booster

Mobile Applications

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+ Advanced Asset Failure Filtering

+ Multi-Level Asset Condition Definition

+ Mapping in the Field & Office