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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.
Simplified Asset Management Model © Ingenia 2009
2
Mr. Fix It
All maintenance teams
“Execute Work”.
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
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.
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.
Simplified Asset Management Model © Ingenia 2009
6
Most organisations have a
maintenance work list
“The Backlog”.
Service
Generator
Simplified Asset Management Model © Ingenia 2009
7
Most organisations have a
maintenance work list
“The Backlog”.
They do some
planning and
scheduling,
Service
Generator
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
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.
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.
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
Simplified Asset Management Model © Ingenia 2009
12
“The Backlog” is
important.
Service
Generator
Simplified Asset Management Model © Ingenia 2009
13
“The Backlog” is
important.
Service
Generator
But where do the jobs
come from?
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?
Simplified Asset Management Model © Ingenia 2009
15
Service
Generator
These processes
are designed to
efficiently deliver
tactics.
Simplified Asset Management Model © Ingenia 2009
16
Service
Generator
These processes
are designed to
efficiently deliver
tactics.
But are they the right
tactics?
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
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.
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.
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.
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.
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
Simplified Asset Management Model © Ingenia 2009
23
Failure Study
Process
Simplified Asset Management Model © Ingenia 2009
24
We recommend
RCA to get up to
85% availability,
Failure Study
Process
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
Simplified Asset Management Model © Ingenia 2009
26
Once the failure is
fully understood, the
best tactic is selected
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.
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.
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.
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.
Simplified Asset Management Model © Ingenia 2009
31
Simplified Asset Management Model © Ingenia 2009
32
Doing these processes
properly will improve
asset performance.
Simplified Asset Management Model © Ingenia 2009
33
Doing these processes
properly will improve
asset performance.
But they are not
enough to ensure
success.
Simplified Asset Management Model © Ingenia 2009
34
It is important to check
that the tactics are
working
Simplified Asset Management Model © Ingenia 2009
35
It is important to check
that the tactics are
working
and make
improvements if
they are not.
Simplified Asset Management Model © Ingenia 2009
36
Also success is not possible
without effective
management of safety and
employee skills.
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.
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
Simplified Asset Management Model © Ingenia 2009
39
Simplified Asset Management Model © Ingenia 2009
40
The Asset Management
System should be aligned
with the Organisation’s
Policies / Strategy and
Plans.
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.
Simplified Asset Management Model © Ingenia 2009
42
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
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.
Simplified Asset Management Model © Ingenia 2009
45
Simplified Asset Management Model © Ingenia 2009
46
Commitment to these
processes and principles
should give the right
asset performance.
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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Simple Explanation of excellent Asset Management

  • 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. Simplified Asset Management Model © Ingenia 2009 2 Mr. Fix It All maintenance teams “Execute Work”.
  • 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. 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. 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. Simplified Asset Management Model © Ingenia 2009 6 Most organisations have a maintenance work list “The Backlog”. Service Generator
  • 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. 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. 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. 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. 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. Simplified Asset Management Model © Ingenia 2009 12 “The Backlog” is important. Service Generator
  • 13. Simplified Asset Management Model © Ingenia 2009 13 “The Backlog” is important. Service Generator But where do the jobs come from?
  • 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. Simplified Asset Management Model © Ingenia 2009 15 Service Generator These processes are designed to efficiently deliver tactics.
  • 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. 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. 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. 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. 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. 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. 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. Simplified Asset Management Model © Ingenia 2009 23 Failure Study Process
  • 24. Simplified Asset Management Model © Ingenia 2009 24 We recommend RCA to get up to 85% availability, Failure Study Process
  • 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. Simplified Asset Management Model © Ingenia 2009 26 Once the failure is fully understood, the best tactic is selected
  • 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. 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. 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. 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. Simplified Asset Management Model © Ingenia 2009 31
  • 32. Simplified Asset Management Model © Ingenia 2009 32 Doing these processes properly will improve asset performance.
  • 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. Simplified Asset Management Model © Ingenia 2009 34 It is important to check that the tactics are working
  • 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. Simplified Asset Management Model © Ingenia 2009 36 Also success is not possible without effective management of safety and employee skills.
  • 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. 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. Simplified Asset Management Model © Ingenia 2009 39
  • 40. Simplified Asset Management Model © Ingenia 2009 40 The Asset Management System should be aligned with the Organisation’s Policies / Strategy and Plans.
  • 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. Simplified Asset Management Model © Ingenia 2009 42
  • 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. 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. Simplified Asset Management Model © Ingenia 2009 45
  • 46. Simplified Asset Management Model © Ingenia 2009 46 Commitment to these processes and principles should give the right asset performance.
  • 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

Editor's Notes

  1. Remember to keep it punchy Aim – ISO 55000 even if it is not as good a document as PAS 55 – It is still a good way of ensuring good asset pracice
  2. Remember to keep it punchy Aim – ISO 55000 even if it is not as good a document as PAS 55 – It is still a good way of ensuring good asset pracice
  3. Remember to keep it punchy Aim – ISO 55000 even if it is not as good a document as PAS 55 – It is still a good way of ensuring good asset pracice
  4. Remember to keep it punchy Aim – ISO 55000 even if it is not as good a document as PAS 55 – It is still a good way of ensuring good asset pracice
  5. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  6. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  7. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  8. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  9. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  10. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  11. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  12. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  13. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  14. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  15. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  16. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  17. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  18. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  19. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  20. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  21. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  22. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  23. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  24. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  25. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  26. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  27. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  28. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  29. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  30. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  31. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  32. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  33. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  34. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  35. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  36. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  37. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  38. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  39. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  40. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  41. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  42. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  43. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  44. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain
  45. Aim – quick checklist to prick their conscience about whether there practices are good Punch through the list and don’t attempt to expand or explain