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EA Technology Limited 2012

Review
CBRM
Condition
Performance
Consequences
Risk
EA Technology Limited 2012
Asset management
Performance & improvement
EA Technology Limited 2012
PAS 55 contents
This
session
EA Technology Limited 2012
Topics
Performance assessment & improvement
Performance & condition monitoring
Investigation of asset-related failures, incidents &
nonconformities
Evaluation of compliance
Audit
Improvement actions
Records
Management review
IAM assessment methodology
EA Technology Limited 2012
Performance monitoring
PAS 55:2008-1 4.6.1
The organisation shall establish, implement and
maintain process(es) and / or procedure(s) to
monitor and measure the performance of the
asset management system and the performance
and / or condition of the assets and / or asset
systems.
EA Technology Limited 2012
Organizational
values, functional
standards,
required
processes
Acquire/create
Utilize
Maintain
Renew/dispose
Portfolio of asset systems and assets
(diversity of types, criticalities,
condition and performance)
Performance
and condition
monitoring
Continual
improvement
Asset management enablers and controls
Asset management strategy
Asset management objectives
Asset management plans
Asset management policy
Organizational
strategic plan
PAS 55 Asset
management
system
Other organizational
requirements and systems
Legal and stakeholder requirements and expectations
(customers, shareholders, regulators, employees, suppliers, society)
EA Technology Limited 2012
Asset management strategy
Asset management objectives
Asset management plans
Asset management policy
Organizational
values, functional
standards,
required
processes
Acquire/create
Utilize
Maintain
Renew/dispose
Portfolio of asset systems and assets
(diversity of types, criticalities,
condition and performance)
Performance
and condition
monitoring
Continual
improvement
Asset management enablers and controls
Other organizational
requirements and systems
Legal and stakeholder requirements and expectations
(customers, shareholders, regulators, employees, suppliers, society)
Organizational
strategic plan
EA Technology Limited 2012
Organizational
values, functional
standards,
required
processes
Acquire/create
Utilize
Maintain
Renew/dispose
Portfolio of asset systems and assets
(diversity of types, criticalities,
condition and performance)
Performance
and condition
monitoring
Continual
improvement
Asset management enablers and controls
Asset management strategy
Asset management objectives
Asset management plans
Asset management policy
Other organizational
requirements and systems
Legal and stakeholder requirements and expectations
(customers, shareholders, regulators, employees, suppliers, society)
Organizational
strategic plan
KPIs
Regulatory
Cost
Performance
Outcomes
Improvements
Valueofassetmanagement
EA Technology Limited 2012
KPI case study
* NEDL and YEDL Standards of Service and Remuneration 1996
http://epr.ofgem.gov.uk/document_fetch.php?documentid=10144
EA Technology Limited 2012
More monitoring
Investigation of asset-related failures,
incidents and non-conformances
Evaluation of compliance
Audit
Improvement actions
Records
Management review
EA Technology Limited 2012
Performance
How do I know how well I am doing?
EA Technology Limited 2012
IAM assessment
Identify opportunities to improve
Provide framework for long-term improvement
plan
Demonstrate competency to stakeholders
Something that works across industry sectors
Preparation for certification to PAS 55:2008
Track improvements in asset management
capability
Enable benchmarking with other organisations
EA Technology Limited 2012
IAM assessment
29 UK and overseas sponsors
Available to IAM members
Based on an Excel spreadsheet
121 structured questions
Introduces maturity levels
Enables progression beyond PAS 55
Endorsed Assessor scheme
EA Technology Limited 2012
IAM PAS Assessment Methodology
EA Technology Limited 2012
IAM PAS Assessment Methodology
Endorsed Assessor scheme
http://theiam.org/EA
Excel tool is available to download for IAM
members
http://theiam.org/products-and-services/pas55-
methodology
EA Technology Limited 2012
Any further questions:-