2024 Schedule

As asset managers, we focus on the lifecycle of our asset, which is dominated by the operate and maintain phase. Project managers focus on the safe, timely delivery of a project. In today’s business environment, these goals should align during the asset acquisition phase, but unfortunately often conflict in practice. How we acquire, renew, or expand our assets is most often driven by short-term and capital project management frameworks with limited influence from asset management thinking, resulting in the loss of significant value to the business and often causing conflict between project management and asset management professionals. This presentation will use the lens of “operational readiness” and case studies from recent projects combined with the learnings from the development of an operational readiness standard for a number of mining and industrial clients to educate asset managers, maintenance and operations teams, and project managers in the following: What is operations readiness and its benefits to the business? How do we integrate our asset management needs into the project lifecycle? How can we improve the alignment and communication between the project team and the operating business?