City Scape

2.6 Asset Criticality Analysis

  • Debunking Risk Resiliency by Implementing a Risk-Based Maintenance Strategy

    BoK Content Type: 
    Presentation Slides
    Presentation Paper
    BoK Content Source: 
    MainTrain 2017
    Original date: 
    Tuesday, April 18, 2017
    Due largely to the release of ISO55000x:2014 family of standards, Asset Management is gaining worldwide acceptance as a valid business practice for asset-intensive organizations. The challenge that organizations now face is how to operationalize the principles and move it from “being understood in theory” to being “the way that we work”, to truly distill effective asset management practices and principles to the nooks and crannies of the organization. One key tenet of ISO55000x is the management of asset risk at all levels of asset interaction. On the other side, one area that has been struggling to understand asset management beyond maintenance management is the traditional Maintenance Department. This paper will capture the steps that Veolia North America is taking one of its Municipal Clients through to understand risk at the more granular levels and build risk resilience into its maintenance strategy.Yet for the average Maintenance Manager, the challenge of interpreting asset risk for the organization is still uncharted waters. There are several ways in which the traditional Maintenance Manager can understand the wide breadth of risks facing the asset, determine appropriate responses and communicate them to the appropriate stakeholders. In fact, one or more of these may already be in place in the organization but may not be seen as building risk resilience. This presentation will explore one methodology used by Veolia to develop an asset-centric, risk-based Maintenance Strategy at the City of Winnipeg’s, Waste Water Treatment Plants using a Maintenance Management Maturity Assessment.The City of Winnipeg’s Waste Water Department is at a very interesting juncture in its history, in that there are several major capital upgrades being undertaken, whilst the plants continue to run. The goal of the Maintenance Strategy is therefore two-fold. To maintain the existing levels of service at least whole life cost with risk balanced against the cost of meeting objectives, whilst ensuring that there is a plan to maximise maintenance for the future asset base to realise the benefit of the investment over the whole life of the assets. As a result, in 2016, in collaboration with its selected O&M improvement partner, Veolia North America, the City of Winnipeg’s Waste Water Treatment Plants, went on a path of discovery. Two significant tools of investigation were employed: 1. An Asset Management Maturity Assessment was conducted and 2. The City participated in the National Waste Water Benchmarking Initiative (NWWBI) Maintenance Task Force Survey implemented by AECOM. The Asset Management Maturity Assessment examined 8 fundamental areas of Maintenance Management and outlined positions of excellence that the City hoped to achieve both at the 1-year and 3-year mark from the date of assessment with 2017 being Year 1. The NWWBI Maintenance Task Force Survey examined 42 granular yet, over-lapping areas of Maintenance Management, with 18 of them reporting significant gaps for the City’s Waste Water Treatment Plants. The results of the two analyses were combined into eight (8) key Objectives and the underlying activities required to achieving them over the next three (3) years. These eight (8) Objectives are: 1. Implementation of Asset Condition Assessment Plan (ACAP) 2. Inventory Management Optimization Plan (IMOP) 3. Work Organization Improvement Plan (WOIP) 4. Implementation of Maintenance Quality Strategy (MQS) 5. Financial Capability Improvement Plan (FCIP) 6. Asset Registry Improvement Plan (ARIP) 7. Implementation of Document Management (DM) 8. Revision and Implementation of Asset Criticality Model (ACM)This presentation will examine the detailed plans for each objective, the inter-connectivity and alignment of the Objectives, the Road Map for the next 3 years, the processes for monitoring and continual improvement and the benefits of implementing this approach. Presented at MainTrain 2017 
  • Asset Risk and Governance

    BoK Content Type: 
    Presentation Slides
    Presentation Paper
    BoK Content Source: 
    MainTrain 2016
    Original date: 
    Thursday, September 22, 2016
    Organizations are under increased pressure to demonstrate due diligence in upholding H&S and protecting the environment.  With this, challenges exist in managing risk for new equipment/technology; where operating context specific maintenance requirements have not had the opportunity to be demonstrated or identified, in prioritizing future capital, and re-evaluation of the organization's risk exposure.This presentation will provide an overview of the development of the risk model, prefaced with a brief review of foundational elements which were required to implement the risk model at the Ontario Clean Water Agency.  The strategy employed uses a common matrix approach to probability and consequence of failure ranking, however, application of this approach has been defined to support rapid deployment for new infrastructure while providing an effective base for analysis.Topics covered will include establishing the end goals used for framework development and how these facilitate deployment within the agency.  This model allows the organization to support effective project identification and prioritization, while including mechanisms for continuous evolution of the method as well as the organization's asset and maintenance management program.
  • Nova Scotia Power Equipment Integrity Through PdM and RBI

    BoK Content Type: 
    Presentation Slides
    Presentation Paper
    BoK Content Source: 
    MainTrain 2016
    Original date: 
    Wednesday, September 21, 2016
    A practical and efficient condition based maintenance (CBM) program is built of two fundamental elements-one for rotating and dynamic assets in the adopted term of a (PdM) or Predictive Maintenance program and one for static assets known as Risk Based Inspection (RBI) program. This presentation will highlight these NSPI asset management programs for monitoring the state and reporting condition based (CBM) deficiencies on our physical assets. The discussion will review the development, management, integration and day-to-day application of our PdM/RBI programs including tools and techniques for VA, IR, MCA, HEP/FAC inspections and more. Participants will also discuss the general journey to condition monitoring for equipment over the thermal fleet. NSPI consciously chose innovative vendors, technologies and techniques. The audience will learn what challenges it faced internally and externally. The differences between how the CBM programs are integrated into our business today as opposed to piecemeal prior to AM program implementation starting in 2012.
  • Reliability: Solving the Mystery and Breaking Paradigms

    BoK Content Type: 
    Presentation Slides
    Presentation Paper
    BoK Content Source: 
    MainTrain 2016
    Original date: 
    Tuesday, September 20, 2016
    Reliability is a powerful concept that applied properly makes the difference between success and failure of installations, processes and systems; nevertheless, reliability does not need to be difficult, complex and overwhelming. Quite the opposite: reliability applications  are more likely to succeed if they are easily understood by the different levels of the organization from trades to CEO. This is achieved by explaining reliability concepts easily understood by everyone within the organization.The general objective of the workshop is to provide theory and practical guidelines to the audience for identifying and addressing reliability issues that are impacting the productivity and profitability the assets they are responsible for.The workshop will provide basic knowledge and understanding regarding the tools and methodologies available within the reliability discipline, for the design, analysis and implementation of equipment strategies to systematically improve the performance of assets.At the end of the training the assistants will be able to:- Understand the current Reliability Engineering terminology- Understand and apply reliability concepts at all levels of the organization- Understand and overcome the typical reliability paradigms- Collect the adequate data and calculate basic maintenance and reliability Metrics- Understand the different reliability methodologies and the right application framework for each one- Combine different reliability methodologies to create an effective reliability program- Understand the role that Reliability Engineering plays within the Asset Management FrameworkThe workshop is specifically designed for current or future reliability engineers, maintenance supervisors and planners with maintenance, engineering and/or operations background that desire to be involved in improving reliability, availability and maintainability of assets through the application of modern reliability methodologies and tools.
  • Vibration Condition Monitoring Workshop for Managers Planners Engineers and Technicians

    BoK Content Type: 
    Presentation Slides
    Presentation Paper
    BoK Content Source: 
    MainTrain 2016
    Original date: 
    Monday, September 19, 2016
    Vibration condition monitoring programs play an important role in an organization's rotating equipment reliability and maintenance strategy.  While organizations may be in different stages of establishing their program, there are some common things to implement in order to get the greatest benefit from any program.  This workshop focusses on starting your program off on the right foot.  The workshop will use case histories to outline reasonable expectations, current vibration technology, and specific vibration standards for various industries.In addition to starting off on the right foot the success of a vibration condition monitoring program will depend on maintaining momentum.  This workshop will finish by addressing areas within the participants program where they can focus on improving the long term reliability of their assets instead of simply finding failures.
  • Nova Scotia Power Asset Management Journey

    BoK Content Type: 
    Presentation Slides
    Webcast
    Presentation Paper
    BoK Content Source: 
    MainTrain 2015
    Original date: 
    Tuesday, September 29, 2015
    Nova Scotia Power owns, operates and maintains the majority of its power production. This is in the form of thermal steam units, combustion turbines, hydro, tidal, wind and biomass. The age and complexity of the power production facilities and equipment ranges from 90 years in some hydro stations, 40 years in some steam turbines, 40 for many combustion turbines  and as new as 3 months old in our wind turbines. Like any business, the stakeholders expect cost efficient and reliable electricity supply. Technical people expect to understand the risks, operators and maintainers expect safe and trustworthy equipment.  A need to run leaner and more profitably is a challenge that a strong asset management program can support. This presentation will highlight NSPI's approach to building an asset management program in our power generation fleet. We consciously chose innovative technologies and techniques to get results and avoid the pitfalls when following the process "by the book". Finally participants will discuss what we learned along the way and will discuss how to improve as we move forward in the never ending journey of asset management.