Asset Performance Presentation – The future of Asset Management Plan Optimisation

LogiCamms’ Asset Performance specialist Peter Nichols presented at the AMPEAK Asset Management Conference in Sydney during May. Peter’s presentation on the topic of “The Future of Asset Management Plan Optimisation and Control” reviewed the commonly applied methodologies and systems used in asset management plan optimisation, control and execution. Focusing specifically on where and why these systems fail to deliver an optimal, business aligned result it proposed a solution to these challenges that can ensure the approved asset management plan remains optimal to the business objectives.

Peter is a highly experienced and qualified specialist in the field of asset management, with over 20 years of experience. With a strong background in resources and energy, Peter’s expertise lies in site operations.

For a full copy of Peter’s white paper, please email marketing@logicamms.com.au

ABSTRACT

Since the advent of proactive maintenance, there has always existed a gap between an approved maintenance plan and the maintenance activities actually conducted on equipment. Just as common and concerning is the gap between the organisational objectives or strategic asset management plan and the approved asset management plan. These disparities mean that rarely is plant and equipment maintained in practise in a way that effectively and optimally contributes to the business objectives at any point in time, let alone as business objectives and business context change.

This paper reviews the commonly applied methodologies and systems used in asset management plan optimisation, control and execution, focussing specifically on where and why these systems fail to deliver an optimal, business aligned result. Further it will propose a solution to these challenges that can ensure the approved asset management plan remains optimal to the business objectives and provide assurance that this plan directly and immediately affects the maintenance activity executed in the field.