The document outlines a simplified asset management model that progresses from reactive maintenance to a more proactive reliability-centered approach. It advocates understanding asset failure patterns through processes like failure analysis and reliability-centered maintenance to determine the best tactics. Once failures are understood and tactics selected, a feedback loop is needed to check the tactics' effectiveness and make improvements. The model stresses aligning asset management with organizational objectives and measuring asset performance against plans. Commitment to these principles can deliver the right level of asset performance.

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.

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Mr. Fix It
All maintenance teams
“Execute Work”.

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Mr. Fix It
All maintenance teams
“Execute Work”.
When a piece of equipment
fails, they figure out what
went wrong

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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.

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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.

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Most organisations have a
maintenance work list
“The Backlog”.
Service
Generator

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Most organisations have a
maintenance work list
“The Backlog”.
They do some
planning and
scheduling,
Service
Generator

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Most organisations have a
maintenance work list
“The Backlog”.
They do some
planning and
scheduling,
They source parts and
labour,
Service
Generator

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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.

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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.

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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

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“The Backlog” is
important.
Service
Generator

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“The Backlog” is
important.
Service
Generator
But where do the jobs
come from?

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“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?

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Service
Generator
These processes
are designed to
efficiently deliver
tactics.

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Service
Generator
These processes
are designed to
efficiently deliver
tactics.
But are they the right
tactics?

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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

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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.

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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.

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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.

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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.

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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

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Failure Study
Process

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We recommend
RCA to get up to
85% availability,
Failure Study
Process

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We recommend
RCA to get up to
85% availability,
and RCM / FMECA
to get to > 90%
availability.Failure Study
Process

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Once the failure is
fully understood, the
best tactic is selected

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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.

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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.

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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.

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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.

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Doing these processes
properly will improve
asset performance.

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Doing these processes
properly will improve
asset performance.
But they are not
enough to ensure
success.

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It is important to check
that the tactics are
working

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It is important to check
that the tactics are
working
and make
improvements if
they are not.

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Also success is not possible
without effective
management of safety and
employee skills.

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Also success is not possible
without effective
management of safety and
employee skills.
ISO 55000 expects
employees to be
competent and safe.

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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

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The Asset Management
System should be aligned
with the Organisation’s
Policies / Strategy and
Plans.

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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.

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Finally for the best result the
organisation should forecast
asset requirements over
their entire life to meet its
objectives

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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.

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Commitment to these
processes and principles
should give the right
asset performance.

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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