Академический Документы
Профессиональный Документы
Культура Документы
Who is involved?
Anglesey Aluminium
Asset Performance Tools
Brown & Root Energy Services*
Det Norske Veritas
ICI Eutech
Target Areas
Institute of Asset Management
Project Evaluation, Asset Replacement Intevep
& Life Cycle Costing; National Power
Cost/benefit evaluation and prioritising of Railtrack
modifications, project screening, capex/opex Sector
trade-off, repair versus replacement, life extension
Shell Norway
& refurbishment options.
The National Grid Company*
Operating, Maintenance & The Woodhouse Partnership*
Inspection Strategies; UK Government (DTI)*
Shutdown programming, inspection, test and Yorkshire Electricity*
maintenance intervals, optimisation of efficiency,
* Core Sponsors
Cost/Risk Trade-Off Decisions Asking The Right Questions
All the target MACRO areas involve some sort of cost/risk The MACRO project is developing practical and
trade-off. There are competing pressures to spend less comprehensive guidance on a wide range of decision
types: identifying the optimal cost/risk/performance
and yet achieve more (reliability, performance, safety etc).
combination for project investments, maintenance,
The resulting compromise is usually determined by inspection, shutdown and materials strategies.
subjective judgement or "he who shouts loudest".
As MACRO companies have discovered, however, the The project results for each of the decision types are
available as a combination of training courses, analysis
optimum combination of costs and risks lies in surprising
software tools and procedural guidance to ensure that the
areas - and the value of finding this optimum is enormous. correct total cost/risk factors are considered and total
Investments in better cost control, work control, resource cost/risk impact is quantified.
management and project management might improve
Such guidance includes:
performance by 10, 20 or even 30%. MACRO methods,
in contrast, determine what work is worth doing in • what questions need to be asked, and why.
the first place. If we make mistakes in this area, we risk • how opinions, experience and expectation can be
doing the wrong work 10/20/30% faster! quantified and used to supplement any hard data.
• the identification of cost and risk optimal solutions,
and quantifying the penalties for over and under
Cost / Risk Trade-Off expenditure.
15 Total
• the cost of data uncertainty, and identification of
Current Interval
Impact
specific factors that are worth more detailed
Optimal Interval
Preventive
Costs investigation or collection in the future.
10 Risk
Exposure
• quantifying the performance/cost/risk impact of
£K/Month
cost/risk improvements).
Operating, Maintenance & Resource Strategies: Project Phase Decisions: Evaluating Alternative
Solutions:
What maintenance is worthwhile, when? Capex vs. Opex, life cycle
Preventive maintenance and inspection / cost, design alternatives, Cost/benefit/risk analysis,
monitoring intervals, condition reaction points, operating, maintenance and changes to design, maintenance
operating and shutdown strategies, performance spares requirements. or inspection intervals,
/ reliability / lifespan trade-off. Making decisions with no operating procedures; ‘what if?’
Spares requirements, supply chain options, history data available. evaluation, comparisons and
contractor services. combinations of solutions.
EVALUATION OF
SOLUTIONS
RESOURCE ESTIMATING
& TASK ASSIGNMENT
PROBLEM/OPP'TY
INVESTIGATION
WORK PROGRAMME
SCHEDULING INSPECTION
WORK & CBM LOOP
CONTROL
PROBLEM/OPP'TY
IDENTIFICATION
PREVENTIVE, DETECTIVE
DATA
& CORRECTIVE WORK
COLLECTION
COST
CONTROL
What Data To Collect, And Why? Inspection / CBM Strategy: Problem Identification &
Investigation:
Condition monitoring and predictive Optimal monitoring and testing
maintenance, inspection / testing to intervals, condition reaction Key Performance Indicators,
detect hidden failures, performance points, alternative monitoring Top-10 reports, Criticality
indicators, reliability statistics, costs methods, cost / risk Assessment, Root Cause Failure
and lost opportunities, safety and optimisation. Analysis, trending,
environmental effects, trends pattern-finding, Statistical
and patterns. Process Control
Cost/Risk Evaluation Case Studies & Field Experience
ASSET PERFORMANCE TOOLS
Tools
Projects and Asset Replacements
APT-LIFESPAN • Over 400 proposals screened in 6 week period,
Life cycle analysis, asset replacement timing, repair eliminating £2.5 Million of unjustifiable expenditure
versus replacement, life extension options, alternative and prioritising business, safety, environmental and
designs, Capex/Opex combinations. welfare investments.