Asset Management


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Asset Management

  1. 1. What if… There was a way to know when an asset needed repair or was in danger of imminent failure?
  2. 2. Asset Management is not a fad
  3. 3. Methodology Service Levels Risk Condition Supply Chain Repair Frequency Total Life Cycle Cost
  4. 4. Provide Strategic Insight Where and How to Invest System Maintenance Asset Rehabilitation Asset Replacement
  5. 5. Asset management is a tool that integrates business processes within the SFPUC to effectively manage the utility assets while optimizing their useful life and performance to meet prescribed service levels
  6. 6. Asset Management Where WWE is today
  7. 7. History We have been doing Asset Management all along! 30 years ago it was Maintenance Management 15 years ago it was Equipment Management Today we call it Enterprise Asset Management
  8. 8. Asset management has transformed from a largely paper based process to a methodology where organizations look at entire asset lifecycles and align asset management to strategic goals. In the near future, management technology can be integrated into the assets themselves.
  9. 9. Two Year Plan March 09
  10. 10. Task 1 Select AMP lead and team Define Roles and Reporting Asset Management Vision and Policy Statement Levels of Service targets Asset Data Framework
  11. 11. AMP Guiding Policies Strategic Planning Risk Management Defensible Decision Making Cost Effective Service Delivery Information Management Performance Measures and Continuous Improvement
  12. 12. Strategic Planning Clear Implementation Strategy Clear Levels of Service Targets Clear Funding Strategy
  13. 13. Risk Management Risk Scoring Implement Risk Based Planning Considering Consequence of Failure
  14. 14. Defensible Decision Making Asset Planning and renewal decisions based on risk, cost and services delivery
  15. 15. Cost Effective Service Delivery Define Key Business Processes Ownership and Accountability
  16. 16. Information Management Improving data access, transparency and technical defensibility Data needs driven by customer service level targets Technology needs driven by requirements that enable and accelerate business processes
  17. 17. Performance Measurement and Continuous Improvement Implement Performance Measures Monitor Business Effectiveness Clear metrics established for Business Effectiveness Performance measured against prescribed service levels
  18. 18. Levels of Service Only Measures Service Not Cost Not Productivity From the Customer’s Perspective
  19. 19. What are Levels of Service? Stated commitments to deliver service at a specified level of quality and reliability Four Categories Reliability- failure limits, emergency response Quality- odors, backups Customer Service- response times, complaint handling Regulatory- mandates, compliance
  20. 20. Benefits Informs, educates and sets expectations Guides daily activities and routine decisions Focus business strategy on common objectives Provides basis for measuring performance Justify investments and resources
  21. 21. Levels of Service Criteria L.O.S. to Measure Risk Risk Consequence
  22. 22. Develop a Data Framework Develop an asset hierarchy and classification for WWE asset types Define a comprehensive set of data needs/attributes for each asset type, and prioritize in terms of importance Determine and define data location/system of record for each asset attribute/data element Determine and define data default values Design and document processes for updating databases for existing and new assets Document the data Framework Link the Framework
  23. 23. The Data Framework The Data Framework is a listing of information relating to various aspects of an asset portfolio, in a form that allows data to be Service CMMS Strategy cross-referenced and retrieved Condition Asset PIMS GIS as required Assessment Strategy The Data Framework contains Asset LIMS Maintenance CADD Disposal History data relating to one or more Data Data Framework Framework asset category including: physical properties Capital Maintenance CIS PCS Works Planning service delivery functions technical data E-Mail Reporting FIS Operations key operational data maintenance data performance reports
  24. 24. Establishing the Asset Hierarchy The effectiveness of an asset management system depends Facility Facility on its ability to allow users to quickly and easily store, recall, sort, analyze and evaluate Process Process different types of information about assets Asset Asset Components Components Sub Components Sub Components
  25. 25. INTEGRATION OF EXISTING EFFORTS Risk Model for WWE Facilities Linear Asset Management Project- LAMP CSAMP - Collection System Asset Management Program Risk modeling Condition Assessment
  26. 26. Asset Management Not just infrastructure and technology Education & professional development Integration and verification of information Prudent financial management Adoption of business processes aligned with your mission and goals
  27. 27. Asset Management is a shared vision