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Simple Explanation of excellent Asset Management

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This presentation explains Ingenia's approach to Asset Management. We use this as our guiding principles for coaching, training, auditing and setting up asset systems.

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Simple Explanation of excellent Asset Management

  1. 1. A simple explanation of effective Asset Management 10 May 2015 Ivan Winter BE Hon Senior 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.
  2. 2. Simplified Asset Management Model © Ingenia 2009 2 Mr. Fix It All maintenance teams “Execute Work”.
  3. 3. Simplified Asset Management Model © Ingenia 2009 3 Mr. Fix It All maintenance teams “Execute Work”. When a piece of equipment fails, they figure out what went wrong
  4. 4. Simplified Asset Management Model © Ingenia 2009 4 Mr. Fix It All maintenance teams “Execute Work”. When a piece of equipment fails, they figure out what went wrong and then they fix it.
  5. 5. Simplified Asset Management Model © Ingenia 2009 5 Mr. Fix It All 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.
  6. 6. Simplified Asset Management Model © Ingenia 2009 6 Most organisations have a maintenance work list “The Backlog”. Service Generator
  7. 7. Simplified Asset Management Model © Ingenia 2009 7 Most organisations have a maintenance work list “The Backlog”. They do some planning and scheduling, Service Generator
  8. 8. Simplified Asset Management Model © Ingenia 2009 8 Most organisations have a maintenance work list “The Backlog”. They do some planning and scheduling, They source parts and labour, Service Generator
  9. 9. Simplified Asset Management Model © Ingenia 2009 9 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.
  10. 10. Simplified Asset Management Model © Ingenia 2009 10 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.
  11. 11. Simplified Asset Management Model © Ingenia 2009 11 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
  12. 12. Simplified Asset Management Model © Ingenia 2009 12 “The Backlog” is important. Service Generator
  13. 13. Simplified Asset Management Model © Ingenia 2009 13 “The Backlog” is important. Service Generator But where do the jobs come from?
  14. 14. Simplified Asset Management Model © Ingenia 2009 14 “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?
  15. 15. Simplified Asset Management Model © Ingenia 2009 15 Service Generator These processes are designed to efficiently deliver tactics.
  16. 16. Simplified Asset Management Model © Ingenia 2009 16 Service Generator These processes are designed to efficiently deliver tactics. But are they the right tactics?
  17. 17. Simplified Asset Management Model © Ingenia 2009 17 The first step for developing the right tactics is to study why each asset fails, Failure patterns - Nowlan, F. Stanley, and Howard F. Heap. Reliability-Centered Maintenance. Report Number AD-A066579
  18. 18. Simplified Asset Management Model © Ingenia 2009 18 The first step for developing the right tactics is to study why each asset fails, Failure patterns - Nowlan, F. Stanley, and Howard F. Heap. Reliability-Centered Maintenance. Report Number AD-A066579 and it is critical to know when it fails.
  19. 19. Simplified Asset Management Model © Ingenia 2009 19 The first step for developing the right tactics is to study why each asset fails, 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. and it is critical to know when it fails.
  20. 20. Simplified Asset Management Model © Ingenia 2009 20 The first step for developing the right tactics is to study why each asset fails, 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.
  21. 21. Simplified Asset Management Model © Ingenia 2009 21 The first step for developing the right tactics is to study why each asset fails, 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.
  22. 22. Simplified Asset Management Model © Ingenia 2009 22 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
  23. 23. Simplified Asset Management Model © Ingenia 2009 23 Failure Study Process
  24. 24. Simplified Asset Management Model © Ingenia 2009 24 We recommend RCA to get up to 85% availability, Failure Study Process
  25. 25. Simplified Asset Management Model © Ingenia 2009 25 We recommend RCA to get up to 85% availability, and RCM / FMECA to get to > 90% availability.Failure Study Process
  26. 26. Simplified Asset Management Model © Ingenia 2009 26 Once the failure is fully understood, the best tactic is selected
  27. 27. Simplified Asset Management Model © Ingenia 2009 27 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.
  28. 28. Simplified Asset Management Model © Ingenia 2009 28 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.
  29. 29. Simplified Asset Management Model © Ingenia 2009 29 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.
  30. 30. Simplified Asset Management Model © Ingenia 2009 30 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.
  31. 31. Simplified Asset Management Model © Ingenia 2009 31
  32. 32. Simplified Asset Management Model © Ingenia 2009 32 Doing these processes properly will improve asset performance.
  33. 33. Simplified Asset Management Model © Ingenia 2009 33 Doing these processes properly will improve asset performance. But they are not enough to ensure success.
  34. 34. Simplified Asset Management Model © Ingenia 2009 34 It is important to check that the tactics are working
  35. 35. Simplified Asset Management Model © Ingenia 2009 35 It is important to check that the tactics are working and make improvements if they are not.
  36. 36. Simplified Asset Management Model © Ingenia 2009 36 Also success is not possible without effective management of safety and employee skills.
  37. 37. Simplified Asset Management Model © Ingenia 2009 37 Also success is not possible without effective management of safety and employee skills. ISO 55000 expects employees to be competent and safe.
  38. 38. Simplified Asset Management Model © Ingenia 2009 38 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
  39. 39. Simplified Asset Management Model © Ingenia 2009 39
  40. 40. Simplified Asset Management Model © Ingenia 2009 40 The Asset Management System should be aligned with the Organisation’s Policies / Strategy and Plans.
  41. 41. Simplified Asset Management Model © Ingenia 2009 41 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.
  42. 42. Simplified Asset Management Model © Ingenia 2009 42
  43. 43. Simplified Asset Management Model © Ingenia 2009 43 Finally for the best result the organisation should forecast asset requirements over their entire life to meet its objectives
  44. 44. Simplified Asset Management Model © Ingenia 2009 44 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.
  45. 45. Simplified Asset Management Model © Ingenia 2009 45
  46. 46. Simplified Asset Management Model © Ingenia 2009 46 Commitment to these processes and principles should give the right asset performance.
  47. 47. Simplified Asset Management Model © Ingenia 2009 47 Thank you Ingenia Pty Ltd Chris Malcolm Chris.Malcolm@Ingenia.com.au www.Ingenia.com.au +61438 820 147 Ivan Winter Ivan.Winter@Ingenia.com.au www.Ingenia.com.au +61408 844 932

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