Mutual Energy achieve Global Standard for Asset Management through ISO 55001 certification
Mutual Energy has been recognised for effective asset management of critical infrastructure by achieving ISO 55001 certification.
Realizing significant value for both company and customers
David Curtis, Director, Engineering Talent Management at Hydro One talks us through their experience with the Woodhouse Partnership and benefits of refining their asset management practices.
Using SALVO to determine what interventions are really worthwhile and when
With asset management systems, including risk management, relating to assets with a replacement value of over GBP 40 billion, Scottish Water used SALVO & Decision Support Tools (DST) to make significant savings.
Optimizing shutdown intervals yields significant savings
SABIC Innovative Plastic’s management realised that their shutdown strategy was incurring high costs and downtime losses, and subsequent system instabilities which was compounded by an increasingly competitive market.
PAS 55 / ISO 55000 Implementation; the first in the Gulf Region
We provided a systematic review of existing capabilities and maturity across both water and electricity network operations and the core expertise for the introduction and implementation of PAS 55 / ISO 55000 certification
Optimization of a major shutdown strategy and capital investment practices.
The first pilot studies of component activities (maintenance tasks, spares requirements, problem-solving/root cause analysis) revealed scope for multi-million dollar potential savings or performance improvements.
Delivering an Asset Management Mandate meeting the requirements of ISO55000:2014
This project provided ATCO with decision making capability, sustainable processes and associated performance and condition metrics which are required to meet the challenges it faced
Sydney Trains finds the best time to renew assets with an innovative process for Life Cycle Optimisation.
By adapting SALVO to establish an innovative cost, risk and performance optimisation process, Sydney Trains have demonstrated individual decision benefits of A$20 + million NPV.
Remote working proves intensive but extraordinarily successful as workshops are forced to abandon.
Challenged to find further efficiencies in the capital programme for end-of-life asset replacements, with a deadline set within less than 2 months, to identify these
efficiencies, this was ambitious planning.
Delivering and demonstrating value-for-money in the management of the asset portfolio.
A major transformation programme to introduce asset management concepts and business processes, including new competencies, culture and tools, simply ‘because it is the right thing to do.’