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Asset Management Leading Practices

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Presenation by JFC & Associates at the annual Facilities Management Maximo User Group Conference, San Francisco California, April 29th, 2015

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Asset Management Leading Practices

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  9. 9. Visibility Control Automation THE BUSINESS
  10. 10. Visibility Visibility is about understanding the what/where and how of business operations. What do I need to deliver as a service, where are all those components (whether people, assets or technology) and what is the expectation from the end user. Control Control ensures that checkpoints and validation are implied on all interactions (whether people, process or asset configurations) to ensure the most optimal and safest delivery of the business goals. Automation Automation is about driving efficiencies and selecting the most cost efficient, optimal deliver method to achieve the desired result. Through the ability to perform system integrations, establishing standard procedures, the goal is to provide seamless transparency.
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  13. 13. Process Re-Design Reliability / Autonomous Maintenance Tactics / Data Management / Measures / Planning & Scheduling / Materials Management Strategy / Management Quantum Leaps Continuous Improvement Control Leadership
  14. 14. • Maintenance is about preserving physical assets • Maintenance is about preserving the functions of assets • Preventative maintenance is about preventing failures • The primary objective of the maintenance function is to optimize asset reliability at minimum cost • The maintenance department on its own can develop a successful, lasting maintenance program • Preventative maintenance is about avoiding, reducing or eliminating the consequences of failures • Maintenance affects all aspects of business effectiveness and risk – safety, environmental integrity, energy efficiency, and customer service, not just asset reliability • A successful, lasting maintenance program can only be developed by the technicians and managers working together FMMUG 2015 JFC & ASSOCIATES
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  19. 19. AssetManagementMaturityLevel Asset ManagementElements “I know where I want to be” “I know what I have” “I know where I am against my objectives ” “I know how to optimally manage across the lifecycle “I use asset lifecycle information in my budgeting processes.” Level1 • Asset Inventory • Condition Inspection Level2 • Policy & Strategy • Level of Service (LOS) Objectives • Business Plan Level3 • Condition Assessment • Performance Assessment • Risk Analysis Level4 • Capital Programming • O&M Budgeting Level5 • Performance modeling • Data-Driven Lifecycle Management Planning and Models
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  34. 34. Facility Parent Asset Child Asset Component Sub Component Spare X 1.0 X 1.7 X 2.5 X 4.5 Cost Factor for obtaining asset data increases with increasing depth in the hierarchy. FMMUG 2015 JFC & ASSOCIATES
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  55. 55. John Gould JFC & Associates jgould@jfc-associates.com 617-963-3590 FMMUG 2015 JFC & ASSOCIATES

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