City Scape

4.00 Asset Information General

  • Asset Management - A Tale Of Two Deployments

    BoK Content Type: 
    Presentation Slides
    Webcast
    Presentation Paper
    BoK Content Source: 
    MainTrain 2021
    Original date: 
    Thursday, April 15, 2021
    This presentation will describe Nova Scotia Power Inc.’s (NSPI’s) Asset Management journey – comparing the progression for our Power Production division, with that current in play in support of our Transmission, Distribution and Delivery (T&D) division. NSPI has deployed a fully-integrated, technology-enabled Asset Management approach for its Power Production fleet of assets. The journey to undertake that development was staged, with key components of the asset management approach integrated in a step-wise fashion, each building up on the other. Carefully designed visuals were used to communicate and gain asset owner (plant management and field-level) support for the initiative, and resources from the organization migrated to the centralized asset management team over time, providing centralized, fleet-level support vs. plant-level support. Over approximately 8 years, the “Asset Management Office” team grew from 3 to 10, including dedicated operational technology resources, technical subject matter experts focused on generation assets and performance, and field level support resources. Major programs were deployed such as condition-based monitoring, predictive analytics and digital Operator rounds. There was room for trial-and-error, and continuous improvement with significant field engagement. A very bottom-up approach. In 2017, the Asset Management team’s mandate expanded to include NSPI’s T&D assets. The mandate included an organizational change, which gave the Enterprise Asset Management (TEAM) division (which includes Asset Management, but also Capital Management and Planning) elevated status via Sr. Director leadership. Some resources from the T&D division of the organization changed their reporting point to the AM team “en masse”. An EAM Integration Management position was created to have consistent leadership over the integration of the asset management approach across T&D, including integration into existing Asset Performance Management systems and framework, ensuring alignment with, and building on successful work completed for Power Production. The expectation for successful transition at a higher level, with minimal bumps along the way, was very different. A very top-down approach. Each approach has its highs (“…the best of times..”, and lows (“…the worst of times…”). But while different, there are common learnings and lessons that can be applied. Each approach can be effective – and in fact has been effective for NS Power. Perhaps you are starting small…. Or perhaps you are starting big… or somewhere in between. In any case, our Tale of Two Deployments will share with you NSPI’s experiences, and share of the benefits and challenges of each.Originally presented at MainTrain 2021 
  • Alignment and a Culture of Excellence

    BoK Content Type: 
    Presentation Slides
    Video
    Presentation Paper
    BoK Content Source: 
    MainTrain 2021
    Original date: 
    Sunday, April 11, 2021
    In operating large or multisite portfolios, there are significant resource constraints which result in limited or a misallocated application of financial and time investment; this in turn, provides either unanticipated or high risk results. I will guide session attendees through the process of developing a decision making model for initiative prioritization - whether it is capital works projects, maintenance activities, continuous improvement initiatives, or potentially the day to day routines already established. We will begin with the journey of defining operational context in the view of the customer, the levels of service and focus areas for maintenance teams and capital teams. It becomes challenging with fiscal constraints, and the charge to implement continuous improvement often doesn’t result in value; how do we prevent ourselves from reacting to the latest trend or quick solution? How do we identify everything that needs to happen vs everything we want to happen? Understanding where you are is key in being able to define how you get to where you want to be. However, prioritizing the purpose of what you do is paramount to focus efforts on activities which add value to not only the organization but the customer, and to form a strong culture of positive support for our people. The decision making model you use and the role as a facilitator amongst the varying stakeholders and opinions is key to achieving success.
  • The Role of the MRO Lifecycle and Advanced Analytics in Making Better Asset Management Decisions

    BoK Content Type: 
    Presentation Slides
    Video
    Presentation Paper
    BoK Content Source: 
    MainTrain 2021
    Original date: 
    Tuesday, March 30, 2021
    Asset intensive companies continue to rapidly advance their thinking regarding Enterprise Asset Management – including through the influence of connected assets and remote condition monitoring. These advancements, among others, have shifted focus from reactive to predictive maintenance practices based on real time failure data. Yet, despite the direct impact that spare part availability has on timely maintenance and Asset Health, the approach to spare part management has often lagged in asset heavy industries. The disconnect between asset decisions and supporting spare parts (MRO) inventory through the Asset Management Lifecycle contributes to stock outs, obsolescence, and unplanned downtime. The objective of this paper is to introduce the concept of the MRO Lifecycle as a complementary framework to the lifecycle management of assets. And to explore how actions and decisions made at each stage of the MRO Lifecycle correlates and contributes to more robust decisions throughout the Asset Management Lifecycle. The session will also introduce how software solutions are helping uncover and drive improvements in MRO Inventory Management to enhance the quality of Asset Management decisions, encompassing spare parts and the role that availability plays in improving overall Asset Health. Drawing from more than 20 years of industry experience and leveraging examples across sectors such as food & beverage, automotive and mining, Xtivity will share approaches, solutions and results from global industry.
  • The Magic CPR Triangle

    BoK Content Type: 
    Presentation Slides
    Video
    BoK Content Source: 
    MainTrain 2021
    Original date: 
    Saturday, February 27, 2021
    To deliver value from our assets means organizations must manage cost, performance, and risk simultaneously. In practice, this is no easy task. Are there trade-offs? Sure, but seeking to balance breeds mediocrity. Can we optimize? Yes, the aim is to achieve higher service at a lower cost and acceptable risk. The magic CPR triangle provides a simple representation of a complex dynamic system that is constantly resolving itself to produce the results the organization deserves based on how well its assets are managed, or not. Join Paul Daoust as we challenge our perceptions of the fascinating relationship between cost, performance, and risk. Together we will apply the magic CPR triangle as a basis for crucial first principles thinking leading to more, better decisions, vastly improved business plans, and higher-value business outcomes from the same assets with fewer resources.
  • When a "Solution" is not a Solution

    BoK Content Type: 
    Presentation Slides
    Webcast
    Presentation Paper
    BoK Content Source: 
    MainTrain 2021
    Original date: 
    Tuesday, January 26, 2021
    Most asset owning and operating organizations managing maintenance activities use a computer system – either a CMMS, or an EAM, or possibly a module in their ERP. Usually they want to sustain reliable performance of their assets to deliver high availability to their operations or production groups. These systems are often sold under the moniker, “solution”. Implied in that is the solution to some sort of a problem, one might imagine that it will deliver high reliability, or better maintenance practices, yet they don’t and can’t. Many have fallen victim to slick marketing, buzz words, and promises of functionality that are little more than dreams – vapourware. To get those practical business results you need to change what you are doing and how you are doing it, not how you are tracking it and managing the activities. Those systems do provide some help with data storage, reports, keeping organized and work flows, but they don’t help you define what work to do, nor how often, nor who should do it, they don’t do anything to ensure you actually do the work, and then record what you did with any accuracy. The result is often a system that is riddled with inaccurate, incomplete, or otherwise unfit data that can actually make work for, and be misleading to the system’s users. Interestingly, after seeing hundreds of different instances of different systems in a large variety of organizations, there are some common problems. If you are a supplier of these systems, you can probably relax now. Very few of the problems m have anything at all to do with the software itself. This presentation will explore the reasons for those disappointments and some of the possible solutions.
  • More than Sustainable, the Benefits of Asset Management are Intergenerational

    BoK Content Type: 
    Article / Newsletter
    BoK Content Source: 
    Practitioner Produced
    Original date: 
    Tuesday, October 1, 2019
    Sustainability is an important objective these days, and many organizations are working to develop and implement policies that consider the long-term impact of their operations. Given its focus on “whole-of-life”, Asset Management has an important role to play in efforts to continuously improve sustainability efforts
  • Case Study: Asset Integrity Program Rollout and Training – Lessons Learned

    BoK Content Type: 
    Presentation Slides
    Video
    Presentation Paper
    BoK Content Source: 
    MainTrain 2020
    Original date: 
    Friday, July 3, 2020
    We’re currently rolling out an Asset Integrity Management System (AIMS) across our terminal network, which consists of nine terminals across Canada and the U.S. We’re publishing 27 new standards as part of this initiative that cover a variety of topics such as risk assessment, inspection planning, recordkeeping, data management, and relevant codes, standards, and regulations. This presentation will focus on the training and rollout of this program and will highlight some of the lessons learned. Some of the challenges include providing training to a group that spans a large geographical area, having a wide variety of stakeholders who require different levels of knowledge about the program (operations, project management, document control, contractors, management), and ensuring training is effective and leads to a smooth adoption of the changes that come with the new standards. Some of the topics we’ll cover include using the ADKAR model of change management to evaluate how effective your training will be; awareness of the need to change; desire to support and participate in the change; knowledge of how to change; ability to implement required skills and behaviours; reinforcement to sustain the change; tailoring presentations to specific groups; creating short and long versions of modules—building blocks for presentations; tailoring presentations to each group based on required knowledge; having a one-hour “crash course” presentation to give a quick overview to certain groups (upper management, those not directly impacted by standards); giving several opportunities for questions to ensure any potential issues are identified early (standard review, training, pre-publishing); and some tips on encouraging engagement: examples and exercises (real world), visual aids (flowcharts, photos, graphics over text), handouts (quick reference guide, poster, contact sheet, acronym list), and summaries (standard review sheets, single-page overviews).
  • Using Digital Transformation in Asset Health to Drive Real Time Decision Support and Reduced Maintenance

    BoK Content Type: 
    Presentation Slides
    Video
    Presentation Paper
    BoK Content Source: 
    MainTrain 2020
    Original date: 
    Monday, May 11, 2020
    Asset management processes are becoming more widely adopted across industrial facilities. In this presentation, we’ll examine an essential aspect of the overall process—asset health—to understand the value of using data-centric models and how asset health enables fact-based decision-making at the asset and asset class levels across the enterprise. As a part of Intelligent Operations—a new approach to achieve Operational Excellence—asset health today uses digital transformation to optimize production, minimize equipment downtime, enhance human performance, and manage operational risks. We’ll examine the key asset-related aspects of Intelligent Operations and explore an asset health strategy based on the principles of interoperability and real-time decision support. Outcomes supported include reduced maintenance costs, enhanced asset availability, changes to predictive repair and capital replacement strategies, improved production, and reduced risk.
  • Root Cause Analysis: Driving Bottom Line Improvement by Preventing One Failure at a Time

    BoK Content Type: 
    Presentation Slides
    Webcast
    BoK Content Source: 
    Practitioner Produced
    Original date: 
    Thursday, February 28, 2019
    Many maintenance and reliability staff are so busy fixing problems that they never get the chance to prevent them. In a reactive work environment, there is simply no time to spare. Root cause analysis (RCA) gives us an easy-to-implement approach to preventing failures that integrate with our current troubleshooting efforts and drives bottom-line business improvement. We can make our workplaces safer by reducing the number of unexpected failures, which will then result in improving our business performance, increasing our facility’s throughput and reducing the money spent on repairs – straight to the bottom line.
  • Reliability Centered Maintenance Re-Engineered RCM-R(r) - An Introduction

    BoK Content Type: 
    Presentation Slides
    Webcast
    Presentation Paper
    BoK Content Source: 
    Practitioner Produced
    Original date: 
    Monday, June 11, 2018
    Reliability Centered Maintenance – Reengineered, provides an optimized approach to a well established and highly successful method used for determining failure management policies for physical assets. It makes the original method that was developed to enhance flight safety, far more useful in a broad range of industries where asset criticality ranges from high to low. RCM-R® is focused on the science of failures and what must be done to enable long term sustainably reliable operations. If used correctly, RCM-R® is the first step in delivering fewer breakdowns, more productive capacity, lower costs, safer operations and improved environmental performance. Maintenance has a huge impact on most businesses whether its presence is felt or not. RCM-R® ensures that the right work is done to guarantee there are as few nasty surprises as possible that can harm the business in any way. RCM-R® addresses the shortfalls of RCM that have inhibited its broad acceptance in industry. Little new work has been done in the field of RCM since the 1990’s, yet demand for such a method, better adapted to industrial applications is higher than ever and growing. Demographics and ever more complex systems are driving a need to be more efficient in our use of skilled maintenance resources while ensuring first time success – greater effectiveness is needed. RCM-R® was developed to leverage on RCM’s original success at delivering that effectiveness while addressing the concerns of the industrial market. RCM-R® addresses the RCM method and shortfalls in its application. It modifies the method to consider asset and even failure mode criticality so that rigor is applied only where it is truly needed. It removes (within reason) the sources of concern about RCM being overly rigorous and too labor intensive without compromising on its ability to deliver a tailored failure management program for physical assets sensitive to their operational context and application. RCM-R® also provides its practitioners with standard based guidance for determining meaningful failure modes and causes facilitating their analysis for optimum outcome. It places RCM into the Asset Management spectrum strengthening the original method by introducing International Standard based risk management methods for assessing failure risks formally. RCM-R® employs quantitative reliability methods tailoring evidence based decision making whenever historical failure data is available.