SlideShare a Scribd company logo
Maximize asset
utilization
Enhance
quality
for users
Reduce
O&M costs
Mitigate
externalities
Extend
asset
life
Reinvest with a
life cycle view
1.1
1.2
1.31.4
1.5
1.6
Enablers
2.1
Ensure
funding
Build
capabilities
Reform
governance
2.2
2.3
Figure 1: O&M Best Practice Frame
Increase
utility
1.1 Maximize
asset utilization
Enhance peak capacity
and effective throughput
Apply demand
management
Optimize availability/
reduce downtime
1.2. Enhance
Quality for users
Adopt a customer-centric
operating model
Enhance the end-to-end
user experience
Use smart technologies to
refine user performance
Decrease
total cost
1.3. Reduce
O&M costs
Implement lean and
automated processes
Optimize procurement
costs and outsourcing
Rightsize management
and support functions
1.4. Mitigate
Externalities
Arrange comprehensive
sustainability/HSE plans
Embed sustainability/HSE
into routine operations
Cooperate with relevant
stakeholders
Increase
Lifetime
value
1.5. Extend
Asset life
Invest in preventive and
predictive maintenance
Control excessive asset
consumption and stress
Enhance disaster
resilience
1.6. Reinvest with
a life cycle view
Prioritize project options
with whole life cycle CBA
Select contracting mode
for best value for money
Prepare for efficient
project delivery
Enable O&M
Best practice
2.1. Ensure
funding
Dedicate user taxes via
maintenance funds
Apply inclusive
user charges
Capture ancillary
business opportunities
2.2. Build
capabilities
Introduce asset
management planning
Apply data, benchmarks
and tools
Conduct training and
develop talent
2.3. Reform
governance
Corporatize and profes-
sionalize public agencies
Foster cooperation
between agencies
Consider private-sector
participation & competition
Figure 2: Checklist of O&M Best Practices/Critical Success Factors
Note: HSE = Health Safety Environment; CBA = Cost-Benefit Analysis
Figure 14: Types of Requirements for Infrastructure Users
Advanced
requirements
Basic
requirements
Essential
requirements
Ancillary Services
Comfort/courtesy/aesthetics
Information
Ease of use
Availability and reliability
Performance
Safety/security
Affordability
Accessibility
Three strategies should be followed to assure asset longevity
Asset
condition
New asset
in perfect
condition
Improved asset condition
due to regular maintenance
Slower asset deterioration
due to well-closed usage/loads
Reduced disaster impact
due to enhanced resilience
Lifetime extension
due to intervention
Baseline of asset
deterioration
Asset deterioration
after intervention
Invest in preventive
and predictive
maintenance
Control excessive
asset consumption
and stress
Enhance
disaster
resilience
1 2 3
Figure 21: Overview of Lifetime Extension Strategies
Figure 22: Overview of Maintenance Strategies
Scheduled
maintenance
Maintenance based
on fixed time or
usage intervals
Reliability-centred
maintenance
Maintenance based
on steady, intense
condition monitoring
and anticipated failure
impact
Condition-based
maintenance
Maintenance when
required based on
continuous or
occasional monitoring
Maintenance strategy needs to be customized for each asset
Appropriate for components with low
failure risk, but high failure impact
For components with low failure risk
and impact, or where preventive
maintenance is not feasible
Recommended for the most
vulnerable and critical components
Recommended for components
with high failure risk
Vulnerability/Risk
Criticality/Impact
Corrective/reactive
maintenance
No inspection or
maintenance until
breakdown
Low
Low High
High
Different types
of preventive
maintenance
Figure 23: Optimization of Maintenance Spending
Maintenance strategy involves trade-offs between preventive
maintenance costs and total breakdown costs
Cost
Asset life and availability
Under-
maintained
Optimal Over-
maintained
Direct breakdown cost +
Indirect breakdown cost.
Total costs
Preventive
Maintenance
costsOptimum
operating
range
The optimal operating range is at higher availability
levels under consideration of the indirect economic
costs of breakdowns (e.g. congestion) relative to
when only direct financial costs (e.g. repair, lost,
revenue) are considered
Standards can provide guidance for asset management systems
Figure 31: Example of an Asset Management Framework
Management
review
Asset
management
policy
AM strategy,
objectives
and plans
AM enablers
and controls
Implement-
ation of AM
plans
Performance
assessment
and
improvement
General
requirements
Plan
DoCheck
Act
7 2
3
45
6 1 - AM strategy
- AM objectives
- AM plans
- Contingency planning
- Structure, authority & responsibilities
- Outsourcing of AM activities
- Training, awareness & competence
- Communication, participation & consultation
- AM system documentation
- Information management
- Risk management
- Legal & other requirements
- Management of change
- Life-cycle activities
- Tools, facilities and
equipment
- Performance and
condition monitoring
- Investigation
of failures, incidents,
nonconformities
- Evaluation of
compliance
- Audit
- Improvement actions
- Records
Example:
BSI PAS 55
Note: BSI = British Standards Institution; PAS = Publicly Available Specification; AM = Asset Management
Source: PAS 55-1 Asset Management in The Institute of Asset Management: 2008
Governments need to evaluate and benchmark their O&M maturity
Maximize asset utilization
Enhance peak capacity and
effective throughput
Apply demand management
Optimize availability/
reduce downtime
Adopt a customer-centric
operating model
Enhance the end-to-end
user experience
Use smart technologies to
refine user performance
1
2
3
4
5
6
Decrease total cost
Implement lean and
automated processes
Optimize procurement costs
and outsourcing
Rightsize management and
support functions
Arrange comprehensive
sustainability/HSE plans
Embed sustainability/HSE
into routine operations
Cooperate with relevant
stakeholders
7
8
9
10
11
12
Increase lifetime value
Invest in preventive and
predictive maintenance
Control excessive asset
consumption and stress
Enhance disaster resilience
Prioritize project options
with whole life-cycle CBA
Select contracting mode for
best value for money
Prepare for efficient project
delivery
13
14
15
16
17
18
Enable best practices
Dedicate user taxes via
maintenance funds
Apply inclusive user charges
Capture ancillary business
Introduce asset mgmt planning
Apply data, benchmarks & tools
Conduct training & develop
talent
Corporatize public agencies
Foster cooperation of agencies
Consider private-sector
participation and competition
19
20
21
24
25
27
22
23
26
Illustrative
assessment
Note: HSE = Health Safety Environment, CBA = Cost Benefit Analysis
1
O&M Maturity
6
2
5
4
3
7
8 9
10
11
1213
14
15
16
17
18
19
20
21
22
23 24
25
26
27
High priority
Low priority
Impact
Low
Low
High
High
Figure 36: O&M Evaluation Tool

More Related Content

What's hot

Maintenance Performance delivery improvement process
Maintenance Performance delivery improvement process Maintenance Performance delivery improvement process
Maintenance Performance delivery improvement process
Neeraj Kumar
 
Maintenance management
Maintenance managementMaintenance management
Maintenance management
Tripti Mittal
 
Maintenance management...
Maintenance management...Maintenance management...
Maintenance management...
regaassaakoo
 
Boost Equipment Performance, Save Money With Proactive Maintenance
Boost Equipment Performance, Save Money With Proactive MaintenanceBoost Equipment Performance, Save Money With Proactive Maintenance
Boost Equipment Performance, Save Money With Proactive Maintenance
James Fitzgerald
 
Intro to maintenance
Intro to maintenanceIntro to maintenance
Intro to maintenance
SUneel Gupta
 
Sustainability through cost containment
Sustainability through cost containmentSustainability through cost containment
Sustainability through cost containment
Israt Mustafa
 
Standard costing
Standard costingStandard costing
Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...
Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...
Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...
Teaganer
 
How To Improve Your Maintenance Spare Parts Management
How To Improve Your Maintenance Spare Parts ManagementHow To Improve Your Maintenance Spare Parts Management
How To Improve Your Maintenance Spare Parts Management
SMGlobal Inc.
 
Track 2 Tuesday Michael Rose and Chris Gould- pres.
Track 2 Tuesday Michael Rose and Chris Gould- pres.Track 2 Tuesday Michael Rose and Chris Gould- pres.
Track 2 Tuesday Michael Rose and Chris Gould- pres.
Mike Poland, CMRP
 
Introduction to maintenance
Introduction to maintenanceIntroduction to maintenance
Introduction to maintenance
Dr. Munthear Alqaderi
 
Maintenance management- Production Management
Maintenance management- Production ManagementMaintenance management- Production Management
Maintenance management- Production Management
shrinivas kulkarni
 
Why a Forecast is Not a Plan
Why a Forecast is Not a PlanWhy a Forecast is Not a Plan
Why a Forecast is Not a Plan
Ben Bradley
 
market cost
market cost market cost
market cost
barbhuiya
 
Managing costs & mcs by bhawani nandan prasad iim calcutta
Managing costs & mcs by bhawani nandan prasad iim calcuttaManaging costs & mcs by bhawani nandan prasad iim calcutta
Managing costs & mcs by bhawani nandan prasad iim calcutta
Bhawani N Prasad
 
Maintenance Strategy, Types of Maintenance
Maintenance Strategy, Types of MaintenanceMaintenance Strategy, Types of Maintenance
Maintenance Strategy, Types of Maintenance
Dhanesh S
 
Quality Improvement And Cos Reduction
Quality Improvement And Cos ReductionQuality Improvement And Cos Reduction
Quality Improvement And Cos Reduction
Henmaidi Alfian
 

What's hot (17)

Maintenance Performance delivery improvement process
Maintenance Performance delivery improvement process Maintenance Performance delivery improvement process
Maintenance Performance delivery improvement process
 
Maintenance management
Maintenance managementMaintenance management
Maintenance management
 
Maintenance management...
Maintenance management...Maintenance management...
Maintenance management...
 
Boost Equipment Performance, Save Money With Proactive Maintenance
Boost Equipment Performance, Save Money With Proactive MaintenanceBoost Equipment Performance, Save Money With Proactive Maintenance
Boost Equipment Performance, Save Money With Proactive Maintenance
 
Intro to maintenance
Intro to maintenanceIntro to maintenance
Intro to maintenance
 
Sustainability through cost containment
Sustainability through cost containmentSustainability through cost containment
Sustainability through cost containment
 
Standard costing
Standard costingStandard costing
Standard costing
 
Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...
Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...
Managing for Quality and Performance Excellence 8th Edition Evans Solutions M...
 
How To Improve Your Maintenance Spare Parts Management
How To Improve Your Maintenance Spare Parts ManagementHow To Improve Your Maintenance Spare Parts Management
How To Improve Your Maintenance Spare Parts Management
 
Track 2 Tuesday Michael Rose and Chris Gould- pres.
Track 2 Tuesday Michael Rose and Chris Gould- pres.Track 2 Tuesday Michael Rose and Chris Gould- pres.
Track 2 Tuesday Michael Rose and Chris Gould- pres.
 
Introduction to maintenance
Introduction to maintenanceIntroduction to maintenance
Introduction to maintenance
 
Maintenance management- Production Management
Maintenance management- Production ManagementMaintenance management- Production Management
Maintenance management- Production Management
 
Why a Forecast is Not a Plan
Why a Forecast is Not a PlanWhy a Forecast is Not a Plan
Why a Forecast is Not a Plan
 
market cost
market cost market cost
market cost
 
Managing costs & mcs by bhawani nandan prasad iim calcutta
Managing costs & mcs by bhawani nandan prasad iim calcuttaManaging costs & mcs by bhawani nandan prasad iim calcutta
Managing costs & mcs by bhawani nandan prasad iim calcutta
 
Maintenance Strategy, Types of Maintenance
Maintenance Strategy, Types of MaintenanceMaintenance Strategy, Types of Maintenance
Maintenance Strategy, Types of Maintenance
 
Quality Improvement And Cos Reduction
Quality Improvement And Cos ReductionQuality Improvement And Cos Reduction
Quality Improvement And Cos Reduction
 

Viewers also liked

Love Someone Today 1
Love Someone Today 1Love Someone Today 1
Love Someone Today 1
Lois Buno
 
Love Someone Today 2
Love Someone Today 2Love Someone Today 2
Love Someone Today 2
Lois Buno
 
Love Someone Today 3
Love Someone Today 3Love Someone Today 3
Love Someone Today 3
Lois Buno
 
How I enabled a Saudi company to do business with Aramco
How I enabled a Saudi company to do business with AramcoHow I enabled a Saudi company to do business with Aramco
How I enabled a Saudi company to do business with Aramco
Catarina Alexon
 
Saudi Arabia Power Sector Growth Opportunities
Saudi Arabia  Power Sector Growth OpportunitiesSaudi Arabia  Power Sector Growth Opportunities
Saudi Arabia Power Sector Growth Opportunities
TanuChopra
 
Improving Rotating Equipment Reliability and Machinery Health
Improving Rotating Equipment Reliability and Machinery HealthImproving Rotating Equipment Reliability and Machinery Health
Improving Rotating Equipment Reliability and Machinery Health
Mexxusts
 
Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...
Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...
Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...
Ricky Smith CMRP, CMRT
 
GSM BASED PREPAID ENERGY METER BILLING VIA SMS
GSM BASED PREPAID ENERGY METER BILLING VIA SMSGSM BASED PREPAID ENERGY METER BILLING VIA SMS
GSM BASED PREPAID ENERGY METER BILLING VIA SMS
SRINIVAS REDDY
 
Smart energy meter (Updated)
Smart energy meter (Updated)Smart energy meter (Updated)
Smart energy meter (Updated)
Dnyanesh Patil
 
Calibration & Testing of Electronic Meters
Calibration & Testing of Electronic MetersCalibration & Testing of Electronic Meters
Calibration & Testing of Electronic Meters
Snehpal Singh
 

Viewers also liked (10)

Love Someone Today 1
Love Someone Today 1Love Someone Today 1
Love Someone Today 1
 
Love Someone Today 2
Love Someone Today 2Love Someone Today 2
Love Someone Today 2
 
Love Someone Today 3
Love Someone Today 3Love Someone Today 3
Love Someone Today 3
 
How I enabled a Saudi company to do business with Aramco
How I enabled a Saudi company to do business with AramcoHow I enabled a Saudi company to do business with Aramco
How I enabled a Saudi company to do business with Aramco
 
Saudi Arabia Power Sector Growth Opportunities
Saudi Arabia  Power Sector Growth OpportunitiesSaudi Arabia  Power Sector Growth Opportunities
Saudi Arabia Power Sector Growth Opportunities
 
Improving Rotating Equipment Reliability and Machinery Health
Improving Rotating Equipment Reliability and Machinery HealthImproving Rotating Equipment Reliability and Machinery Health
Improving Rotating Equipment Reliability and Machinery Health
 
Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...
Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...
Reliability and Maintenance Conference - 7-9 April 2014, Al Khobar, Kingdom o...
 
GSM BASED PREPAID ENERGY METER BILLING VIA SMS
GSM BASED PREPAID ENERGY METER BILLING VIA SMSGSM BASED PREPAID ENERGY METER BILLING VIA SMS
GSM BASED PREPAID ENERGY METER BILLING VIA SMS
 
Smart energy meter (Updated)
Smart energy meter (Updated)Smart energy meter (Updated)
Smart energy meter (Updated)
 
Calibration & Testing of Electronic Meters
Calibration & Testing of Electronic MetersCalibration & Testing of Electronic Meters
Calibration & Testing of Electronic Meters
 

Similar to Fm study

132 whole life costing (2)
132 whole life costing (2)132 whole life costing (2)
132 whole life costing (2)
Dr Fereidoun Dejahang
 
Maintenance strategies
Maintenance strategiesMaintenance strategies
Maintenance strategies
SHIVAJI CHOUDHURY
 
LECTURE maintenance management is important 1.pptx
LECTURE maintenance management is important 1.pptxLECTURE maintenance management is important 1.pptx
LECTURE maintenance management is important 1.pptx
shahzadnasim3
 
Strategic Cost Management
Strategic Cost ManagementStrategic Cost Management
Strategic Cost Management
Augustin Bangalore
 
Electrical maintenance and utility engineer copy
Electrical maintenance and utility engineer   copyElectrical maintenance and utility engineer   copy
Electrical maintenance and utility engineer copy
Ashish Sojaliya
 
Introduction to maintenance
Introduction to maintenanceIntroduction to maintenance
Introduction to maintenance
Hashim V tkmce
 
Operation Management - MBA
Operation Management - MBAOperation Management - MBA
Operation Management - MBA
Sandip Kuril
 
3...maintenance management
3...maintenance management3...maintenance management
3...maintenance management
DEVIKA ANTHARJANAM
 
3..maintenance management
3..maintenance management3..maintenance management
3..maintenance management
DEVIKA ANTHARJANAM
 
POM: maintenance and system reliability
POM:  maintenance and system reliabilityPOM:  maintenance and system reliability
POM: maintenance and system reliability
Kishor Tayade
 
Maintenance engineering
Maintenance engineeringMaintenance engineering
Maintenance engineering
Anirudh Goyal
 
Life Cycle Costing Critical Evaluation Report
Life Cycle Costing Critical Evaluation ReportLife Cycle Costing Critical Evaluation Report
Life Cycle Costing Critical Evaluation Report
Ankur Aggarwal
 
Maintenance module 1 ppt number 1
Maintenance module 1 ppt number 1Maintenance module 1 ppt number 1
Maintenance module 1 ppt number 1
Dhanesh S
 
Lecture-3-Introduction to Maintenance Management.ppt
Lecture-3-Introduction to Maintenance Management.pptLecture-3-Introduction to Maintenance Management.ppt
Lecture-3-Introduction to Maintenance Management.ppt
Thushan9
 
Maintenance
MaintenanceMaintenance
Maintenance
Rachmat Sudrajat
 
ABB RCM.pdf
ABB RCM.pdfABB RCM.pdf
ABB RCM.pdf
SamuelMB2
 
Maintenance utility and engineering in process engineering
Maintenance utility and engineering in process engineeringMaintenance utility and engineering in process engineering
Maintenance utility and engineering in process engineering
FarooqGondal2
 
Energy Management Systems: Recommendations for decision makers
Energy Management Systems: Recommendations for decision makersEnergy Management Systems: Recommendations for decision makers
Energy Management Systems: Recommendations for decision makers
Gimélec
 
Maintenance Strategies.ppt
Maintenance Strategies.pptMaintenance Strategies.ppt
Maintenance Strategies.ppt
Nazeeh11
 
Lecture 1 introduction to ME AND ME TYPES
Lecture 1 introduction to ME AND ME TYPESLecture 1 introduction to ME AND ME TYPES
Lecture 1 introduction to ME AND ME TYPES
sshoaib1
 

Similar to Fm study (20)

132 whole life costing (2)
132 whole life costing (2)132 whole life costing (2)
132 whole life costing (2)
 
Maintenance strategies
Maintenance strategiesMaintenance strategies
Maintenance strategies
 
LECTURE maintenance management is important 1.pptx
LECTURE maintenance management is important 1.pptxLECTURE maintenance management is important 1.pptx
LECTURE maintenance management is important 1.pptx
 
Strategic Cost Management
Strategic Cost ManagementStrategic Cost Management
Strategic Cost Management
 
Electrical maintenance and utility engineer copy
Electrical maintenance and utility engineer   copyElectrical maintenance and utility engineer   copy
Electrical maintenance and utility engineer copy
 
Introduction to maintenance
Introduction to maintenanceIntroduction to maintenance
Introduction to maintenance
 
Operation Management - MBA
Operation Management - MBAOperation Management - MBA
Operation Management - MBA
 
3...maintenance management
3...maintenance management3...maintenance management
3...maintenance management
 
3..maintenance management
3..maintenance management3..maintenance management
3..maintenance management
 
POM: maintenance and system reliability
POM:  maintenance and system reliabilityPOM:  maintenance and system reliability
POM: maintenance and system reliability
 
Maintenance engineering
Maintenance engineeringMaintenance engineering
Maintenance engineering
 
Life Cycle Costing Critical Evaluation Report
Life Cycle Costing Critical Evaluation ReportLife Cycle Costing Critical Evaluation Report
Life Cycle Costing Critical Evaluation Report
 
Maintenance module 1 ppt number 1
Maintenance module 1 ppt number 1Maintenance module 1 ppt number 1
Maintenance module 1 ppt number 1
 
Lecture-3-Introduction to Maintenance Management.ppt
Lecture-3-Introduction to Maintenance Management.pptLecture-3-Introduction to Maintenance Management.ppt
Lecture-3-Introduction to Maintenance Management.ppt
 
Maintenance
MaintenanceMaintenance
Maintenance
 
ABB RCM.pdf
ABB RCM.pdfABB RCM.pdf
ABB RCM.pdf
 
Maintenance utility and engineering in process engineering
Maintenance utility and engineering in process engineeringMaintenance utility and engineering in process engineering
Maintenance utility and engineering in process engineering
 
Energy Management Systems: Recommendations for decision makers
Energy Management Systems: Recommendations for decision makersEnergy Management Systems: Recommendations for decision makers
Energy Management Systems: Recommendations for decision makers
 
Maintenance Strategies.ppt
Maintenance Strategies.pptMaintenance Strategies.ppt
Maintenance Strategies.ppt
 
Lecture 1 introduction to ME AND ME TYPES
Lecture 1 introduction to ME AND ME TYPESLecture 1 introduction to ME AND ME TYPES
Lecture 1 introduction to ME AND ME TYPES
 

Recently uploaded

An Introduction to the Compiler Designss
An Introduction to the Compiler DesignssAn Introduction to the Compiler Designss
An Introduction to the Compiler Designss
ElakkiaU
 
Advanced control scheme of doubly fed induction generator for wind turbine us...
Advanced control scheme of doubly fed induction generator for wind turbine us...Advanced control scheme of doubly fed induction generator for wind turbine us...
Advanced control scheme of doubly fed induction generator for wind turbine us...
IJECEIAES
 
Applications of artificial Intelligence in Mechanical Engineering.pdf
Applications of artificial Intelligence in Mechanical Engineering.pdfApplications of artificial Intelligence in Mechanical Engineering.pdf
Applications of artificial Intelligence in Mechanical Engineering.pdf
Atif Razi
 
Engineering Drawings Lecture Detail Drawings 2014.pdf
Engineering Drawings Lecture Detail Drawings 2014.pdfEngineering Drawings Lecture Detail Drawings 2014.pdf
Engineering Drawings Lecture Detail Drawings 2014.pdf
abbyasa1014
 
132/33KV substation case study Presentation
132/33KV substation case study Presentation132/33KV substation case study Presentation
132/33KV substation case study Presentation
kandramariana6
 
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024
Sinan KOZAK
 
Data Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason WebinarData Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason Webinar
UReason
 
原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样
原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样
原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样
ydzowc
 
Computational Engineering IITH Presentation
Computational Engineering IITH PresentationComputational Engineering IITH Presentation
Computational Engineering IITH Presentation
co23btech11018
 
Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...
Prakhyath Rai
 
People as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimalaPeople as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimala
riddhimaagrawal986
 
一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理
一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理
一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理
ecqow
 
AI assisted telemedicine KIOSK for Rural India.pptx
AI assisted telemedicine KIOSK for Rural India.pptxAI assisted telemedicine KIOSK for Rural India.pptx
AI assisted telemedicine KIOSK for Rural India.pptx
architagupta876
 
CEC 352 - SATELLITE COMMUNICATION UNIT 1
CEC 352 - SATELLITE COMMUNICATION UNIT 1CEC 352 - SATELLITE COMMUNICATION UNIT 1
CEC 352 - SATELLITE COMMUNICATION UNIT 1
PKavitha10
 
Software Quality Assurance-se412-v11.ppt
Software Quality Assurance-se412-v11.pptSoftware Quality Assurance-se412-v11.ppt
Software Quality Assurance-se412-v11.ppt
TaghreedAltamimi
 
ITSM Integration with MuleSoft.pptx
ITSM  Integration with MuleSoft.pptxITSM  Integration with MuleSoft.pptx
ITSM Integration with MuleSoft.pptx
VANDANAMOHANGOUDA
 
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
IJECEIAES
 
Curve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods RegressionCurve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods Regression
Nada Hikmah
 
Certificates - Mahmoud Mohamed Moursi Ahmed
Certificates - Mahmoud Mohamed Moursi AhmedCertificates - Mahmoud Mohamed Moursi Ahmed
Certificates - Mahmoud Mohamed Moursi Ahmed
Mahmoud Morsy
 
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
shadow0702a
 

Recently uploaded (20)

An Introduction to the Compiler Designss
An Introduction to the Compiler DesignssAn Introduction to the Compiler Designss
An Introduction to the Compiler Designss
 
Advanced control scheme of doubly fed induction generator for wind turbine us...
Advanced control scheme of doubly fed induction generator for wind turbine us...Advanced control scheme of doubly fed induction generator for wind turbine us...
Advanced control scheme of doubly fed induction generator for wind turbine us...
 
Applications of artificial Intelligence in Mechanical Engineering.pdf
Applications of artificial Intelligence in Mechanical Engineering.pdfApplications of artificial Intelligence in Mechanical Engineering.pdf
Applications of artificial Intelligence in Mechanical Engineering.pdf
 
Engineering Drawings Lecture Detail Drawings 2014.pdf
Engineering Drawings Lecture Detail Drawings 2014.pdfEngineering Drawings Lecture Detail Drawings 2014.pdf
Engineering Drawings Lecture Detail Drawings 2014.pdf
 
132/33KV substation case study Presentation
132/33KV substation case study Presentation132/33KV substation case study Presentation
132/33KV substation case study Presentation
 
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024
 
Data Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason WebinarData Driven Maintenance | UReason Webinar
Data Driven Maintenance | UReason Webinar
 
原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样
原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样
原版制作(Humboldt毕业证书)柏林大学毕业证学位证一模一样
 
Computational Engineering IITH Presentation
Computational Engineering IITH PresentationComputational Engineering IITH Presentation
Computational Engineering IITH Presentation
 
Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...Software Engineering and Project Management - Introduction, Modeling Concepts...
Software Engineering and Project Management - Introduction, Modeling Concepts...
 
People as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimalaPeople as resource Grade IX.pdf minimala
People as resource Grade IX.pdf minimala
 
一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理
一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理
一比一原版(CalArts毕业证)加利福尼亚艺术学院毕业证如何办理
 
AI assisted telemedicine KIOSK for Rural India.pptx
AI assisted telemedicine KIOSK for Rural India.pptxAI assisted telemedicine KIOSK for Rural India.pptx
AI assisted telemedicine KIOSK for Rural India.pptx
 
CEC 352 - SATELLITE COMMUNICATION UNIT 1
CEC 352 - SATELLITE COMMUNICATION UNIT 1CEC 352 - SATELLITE COMMUNICATION UNIT 1
CEC 352 - SATELLITE COMMUNICATION UNIT 1
 
Software Quality Assurance-se412-v11.ppt
Software Quality Assurance-se412-v11.pptSoftware Quality Assurance-se412-v11.ppt
Software Quality Assurance-se412-v11.ppt
 
ITSM Integration with MuleSoft.pptx
ITSM  Integration with MuleSoft.pptxITSM  Integration with MuleSoft.pptx
ITSM Integration with MuleSoft.pptx
 
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...
 
Curve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods RegressionCurve Fitting in Numerical Methods Regression
Curve Fitting in Numerical Methods Regression
 
Certificates - Mahmoud Mohamed Moursi Ahmed
Certificates - Mahmoud Mohamed Moursi AhmedCertificates - Mahmoud Mohamed Moursi Ahmed
Certificates - Mahmoud Mohamed Moursi Ahmed
 
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...
 

Fm study

  • 1. Maximize asset utilization Enhance quality for users Reduce O&M costs Mitigate externalities Extend asset life Reinvest with a life cycle view 1.1 1.2 1.31.4 1.5 1.6 Enablers 2.1 Ensure funding Build capabilities Reform governance 2.2 2.3 Figure 1: O&M Best Practice Frame
  • 2. Increase utility 1.1 Maximize asset utilization Enhance peak capacity and effective throughput Apply demand management Optimize availability/ reduce downtime 1.2. Enhance Quality for users Adopt a customer-centric operating model Enhance the end-to-end user experience Use smart technologies to refine user performance Decrease total cost 1.3. Reduce O&M costs Implement lean and automated processes Optimize procurement costs and outsourcing Rightsize management and support functions 1.4. Mitigate Externalities Arrange comprehensive sustainability/HSE plans Embed sustainability/HSE into routine operations Cooperate with relevant stakeholders Increase Lifetime value 1.5. Extend Asset life Invest in preventive and predictive maintenance Control excessive asset consumption and stress Enhance disaster resilience 1.6. Reinvest with a life cycle view Prioritize project options with whole life cycle CBA Select contracting mode for best value for money Prepare for efficient project delivery Enable O&M Best practice 2.1. Ensure funding Dedicate user taxes via maintenance funds Apply inclusive user charges Capture ancillary business opportunities 2.2. Build capabilities Introduce asset management planning Apply data, benchmarks and tools Conduct training and develop talent 2.3. Reform governance Corporatize and profes- sionalize public agencies Foster cooperation between agencies Consider private-sector participation & competition Figure 2: Checklist of O&M Best Practices/Critical Success Factors Note: HSE = Health Safety Environment; CBA = Cost-Benefit Analysis
  • 3. Figure 14: Types of Requirements for Infrastructure Users Advanced requirements Basic requirements Essential requirements Ancillary Services Comfort/courtesy/aesthetics Information Ease of use Availability and reliability Performance Safety/security Affordability Accessibility
  • 4. Three strategies should be followed to assure asset longevity Asset condition New asset in perfect condition Improved asset condition due to regular maintenance Slower asset deterioration due to well-closed usage/loads Reduced disaster impact due to enhanced resilience Lifetime extension due to intervention Baseline of asset deterioration Asset deterioration after intervention Invest in preventive and predictive maintenance Control excessive asset consumption and stress Enhance disaster resilience 1 2 3 Figure 21: Overview of Lifetime Extension Strategies
  • 5. Figure 22: Overview of Maintenance Strategies Scheduled maintenance Maintenance based on fixed time or usage intervals Reliability-centred maintenance Maintenance based on steady, intense condition monitoring and anticipated failure impact Condition-based maintenance Maintenance when required based on continuous or occasional monitoring Maintenance strategy needs to be customized for each asset Appropriate for components with low failure risk, but high failure impact For components with low failure risk and impact, or where preventive maintenance is not feasible Recommended for the most vulnerable and critical components Recommended for components with high failure risk Vulnerability/Risk Criticality/Impact Corrective/reactive maintenance No inspection or maintenance until breakdown Low Low High High Different types of preventive maintenance
  • 6. Figure 23: Optimization of Maintenance Spending Maintenance strategy involves trade-offs between preventive maintenance costs and total breakdown costs Cost Asset life and availability Under- maintained Optimal Over- maintained Direct breakdown cost + Indirect breakdown cost. Total costs Preventive Maintenance costsOptimum operating range The optimal operating range is at higher availability levels under consideration of the indirect economic costs of breakdowns (e.g. congestion) relative to when only direct financial costs (e.g. repair, lost, revenue) are considered
  • 7. Standards can provide guidance for asset management systems Figure 31: Example of an Asset Management Framework Management review Asset management policy AM strategy, objectives and plans AM enablers and controls Implement- ation of AM plans Performance assessment and improvement General requirements Plan DoCheck Act 7 2 3 45 6 1 - AM strategy - AM objectives - AM plans - Contingency planning - Structure, authority & responsibilities - Outsourcing of AM activities - Training, awareness & competence - Communication, participation & consultation - AM system documentation - Information management - Risk management - Legal & other requirements - Management of change - Life-cycle activities - Tools, facilities and equipment - Performance and condition monitoring - Investigation of failures, incidents, nonconformities - Evaluation of compliance - Audit - Improvement actions - Records Example: BSI PAS 55 Note: BSI = British Standards Institution; PAS = Publicly Available Specification; AM = Asset Management Source: PAS 55-1 Asset Management in The Institute of Asset Management: 2008
  • 8. Governments need to evaluate and benchmark their O&M maturity Maximize asset utilization Enhance peak capacity and effective throughput Apply demand management Optimize availability/ reduce downtime Adopt a customer-centric operating model Enhance the end-to-end user experience Use smart technologies to refine user performance 1 2 3 4 5 6 Decrease total cost Implement lean and automated processes Optimize procurement costs and outsourcing Rightsize management and support functions Arrange comprehensive sustainability/HSE plans Embed sustainability/HSE into routine operations Cooperate with relevant stakeholders 7 8 9 10 11 12 Increase lifetime value Invest in preventive and predictive maintenance Control excessive asset consumption and stress Enhance disaster resilience Prioritize project options with whole life-cycle CBA Select contracting mode for best value for money Prepare for efficient project delivery 13 14 15 16 17 18 Enable best practices Dedicate user taxes via maintenance funds Apply inclusive user charges Capture ancillary business Introduce asset mgmt planning Apply data, benchmarks & tools Conduct training & develop talent Corporatize public agencies Foster cooperation of agencies Consider private-sector participation and competition 19 20 21 24 25 27 22 23 26 Illustrative assessment Note: HSE = Health Safety Environment, CBA = Cost Benefit Analysis 1 O&M Maturity 6 2 5 4 3 7 8 9 10 11 1213 14 15 16 17 18 19 20 21 22 23 24 25 26 27 High priority Low priority Impact Low Low High High Figure 36: O&M Evaluation Tool