Applying whole of life principles in physical asset management. Applications and concepts.

1. Whole-of-Life Asset Management Integrating financial and physical asset management Daryl Mather [email_address]

2. Where does the information come from? YR1 YR2 YR3 YR4 YR5 Today [email_address]

3. Where does the information come from? YR1 YR2 YR3 YR4 YR5 Today Routine maintenance forecast from CMMS / SAP / EAM… [email_address]

25. The problem is obvious…(cont’d) “ One of the most important contributions of the Reliability-Centered Maintenance Program is its explicit recognition that certain types of information … are, in principle ,as well as in practice, unobtainable .” Mathematical Aspects of Reliability Centered Maintenance H.L. Resnikoff My experience (not a fact, my personal anecdote) is that 70% of information for reliability analyses comes from knowledge – not from data!

26. The problem is obvious…(cont’d) “ This means … the policy must be designed without using experiential data which will arise from the failures the policy is meant to avoid.” Mathematical Aspects of Reliability Centered Maintenance H.L. Resnikoff [email_address]

27. The problem is obvious…(cont’d) Great…??!!??? Now what ! [email_address]

31. Codify Knowledge Routine Corrective Preventive Restoration Preventive Replacement Predictive Maintenance Detective Maintenance [email_address]

32. Codify Knowledge Routine Corrective Preventive Restoration Preventive Replacement Predic tive Maintenance Run to Fail Detective Maintenance Predic ted Maintenance Detec ted Maintenance [email_address]

33. 8 types of maintenance [email_address] Unplanned / Reactive Reactive Reactive Planned / Proactive Corrective Run to failure Planned / Proactive Corrective Detec ted Maintenance Planned / Proactive Routine Detec tive Maintenance Planned / Proactive Routine Preven tive Replacement Planned / Proactive Routine Preven tive Restoration Planned / Proactive Corrective Predic ted Maintenance Planned / Proactive Routine Predic tive Maintenance Mode Maintenance Type Maintenance Task

34. Impacts of 8 maintenance types High confidence Net Present Value decisions on physical assets Framework for proactive data collection Ability to use techniques for higher confidence decisions Codifying Knowledge to data [email_address] Analysis (RCM / RBI / SIL etc) CMMS Higher technologies Higher confidence

35. Impacts of 8 maintenance types High confidence Net Present Value decisions on physical assets Framework for proactive data collection Ability to use techniques for higher confidence decisions Codifying Knowledge to data A process that occurs naturally , through accurate failure management strategies. [email_address]

36. Whole-of-Life Asset Management By Daryl Mather [email_address]