July 18, 2019, 4:40 pm

General

Asset Performance Management (APM) – Key implementation issues and how to avoid them

Written by Gary West.   

This is the second article of series of four articles that we will publish on Asset Performance Management Systems.

In our first article we noted increasing levels of interest in Asset Performance Management systems across capital intensive industries.  We discussed the typical capabilities supported by APM systems including Asset Health and Condition Monitoring, Maintenance Strategy Development, Asset Integrity Management, Defect Elimination, Modelling (Reliability and Lifecycle Cost) and finally Reliability Analytics.

We also looked at where APM systems fit within the overall ecosystem of Asset Management information systems and the types of data shared within that ecosystem.

Finally, we looked at what most businesses hope to achieve by implementing an APM systems.

As noted in the first article, at Assetivity we have supported various clients in developing and refining their APM business requirements, testing the market for suitable solutions, and then proceed to implementation.  We are also actively using client APM systems to develop and optimise equipment maintenance strategies for greenfield and brownfield assets.

In this article, we want to share with you the challenges that we have observed our clients struggle with as they have implemented their APM solutions, and share with you our thoughts on some things you might do to avoid falling for these same traps.

 

Asset Performance Management (APM) – What is an Asset Performance Management system?

Written by Gary West.   

Over recent years, Assetivity has seen an increasing uptake of Asset Performance Management (APM) Systems in capital intensive industries.  We have supported clients to develop and refine their APM business requirements, test the market for suitable solutions, and then proceed to implementation.  We are also actively using client APM systems to develop and optimise equipment maintenance strategies for greenfield and brownfield assets.

Given the increasing interest in APM systems, we want to share with you our observations and perspectives on Asset Performance Management and will cover what Asset Performance Management Systems do, where they fit within the Asset Management information systems landscape, what businesses hope to achieve by implementing APM solutions, the most common challenge we see to successful uptake, and how to avoid them, and finally the things that you can do to ready yourself for implementation.

This is the first in a series of four articles relating to Asset Performance Management and will focus in the first three points – what is an APM system, where does it fit in the Asset Management information system landscape, and the what businesses hope to achieve through implementation.

In subsequent articles, we will explore:

  • What are the key issues we see in APM implementations, and how to avoid them;
  • The importance of driving action from insights; and
  • APM Systems – are you ready.
 

Enterprise Asset Management (EAM) and Asset Performance Management (APM) Systems - Making sense of your data

Can you make sense of your asset related data? Can you use this data to optimise your business? Can you connect data from the various asset related systems that you use to gain new insights and wisdom?

At Assetivity, we often work with clients to help build out asset strategy and related data into their Asset Performance Management (APM) systems by teasing apart and making sense of their Enterprise Asset Management (EAM) data. This process provides a real insight into the completeness and usefulness of EAM data.

 

Availability vs Reliability – Which is more important?

Written by Sandy Dunn.   

There is often confusion amongst those new to Maintenance and Reliability regarding the difference between Availability and Reliability. This article discusses the difference between the two, and also considers the relative importance of each when setting goals and targets for operational improvement.

 

Putting a value on maintenance and reliability improvement

Written by Gary West.   

Given that Assetivity’s business model is all about delivering value to our clients through improvements in asset management, maintenance management and reliability engineering, it is not surprising that we are often asked how best to put a value on maintenance and reliability improvements project.

The answer of course is ‘that depends on the nature of the project’.

In this article, we will consider the three levers of value in any maintenance and reliability improvement project, explore five approaches that we commonly apply to estimate the likely value from the improvement projects, and discuss methods for measuring and monitoring whether the project is actually delivering on its promise.

 

Managing Human Error in Maintenance

Written by Sandy Dunn.   

Human-ErrorNumerous research studies have shown that over 50% of all equipment fails prematurely after maintenance work has been performed on it. In the most embarrassing cases, the maintenance work performed was intended to prevent the very failures that occurred. Building on the latest academic research, and based on practical experience, this paper outlines the key things that maintenance managers can do to reduce or eliminate the impact of human error in maintenance.

 

Improving Equipment and People Productivity in the Mining Industry

Written by Sandy Dunn.   

Here is a copy of a presentation given by Sandy Dunn at the IMARC conference in September 2014.  In this presentation he talks about

  • past trends in multifactor productivity in the mining industry,
  • what mining companies are currently doing to improve productivity (and the appropriateness of those actions), and
  • a suggested pathway for future, sustainable improvements in productivity of mining equipment and people.
 

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