Sustainable Asset Management, Second Edition

TABLE OF CONTENTS

Preface
Acknowledgements
 
Chapter 1 INTRODUCTION TO ASSET MANAGEMENT

• Overview of Asset Management
• The Asset Lifecycle
• Challenges Facing Asset Management in Industry Today
• Benefits of Implementing an Asset Management Program
• Asset Management is a Part of an Integrated Business Model
• Designing a High-Performance Organization to Support Asset Management
• Asset Management and Enabling Technologies
• Design and Implementation of a Sustainable Asset Management Program
• Manage Performance to Achieve and Sustain Effective Asset Management
• Conclusion

Chapter 2 ASSETS AND THE ASSET LIFECYCLE

• Definition of an Asset
• Detailed Review of the Asset Lifecycle
• Phase 1—Plan
• Phase 2—Do (or Service/Production Delivery)
• Phase 3—Check
• Phase 4—Act
• Stakeholders Involved in the Asset Lifecycle
• Asset Management Governance

Chapter 3 DRIVERS FOR ASSET MANAGEMENT

• Current Asset Management Practices
• Why Asset Management Now—Is the Urgency Real?
• Drivers for Strategic Asset Management

Chapter 4 MAKING THE CASE FOR ASSET MANAGEMENT

• Identifying the Need for an Asset Management Program
• Phase 1—Plan
• Phase 2—Do (or Service/Production Delivery)
• Phase 3—Check
• Conducting the AM Current-State Analysis
• The Asset Management Business Case Development
• Identify and Quantify the Benefits and Savings
• Tangible Benefits of Sustainable Asset Management Program
• Intangible Benefits of a Sustainable Asset Management Program
• Costs Associated with Developing and Implementing an Asset Management Program
• Cost Benefit Analysis (Developing the Business Plan)
• Develop a Risk Profile for the AM Program
• Preparing a Winning Proposal to Senior Management
• Appendix 4.1—Sample Maturity Assessment
• Appendix 4.2—Key Elements of a Team Charter
• Appendix 4.3—Communication Plan
• Appendix 4.4—Desk Audit/Request for Information
• Appendix 4.5—Interviews and Site Visits
• Appendix 4.6—Interviews (Questions and Topics for High Level Assessment (Focus on OEM)

Chapter 5 STRATEGIES FOR SUSTAINABLE ASSET MANAGEMENT

• Strategy 1—Whole of Business Planning
• Strategy 2—Comprehensive Risk Management
• Strategy 3—Optimized Decision Making
• Strategy 4—Level of Service Driven Performance Management
• Strategy 5—System Rationalization and Integration
• Strategy 6—Focus on Business Process Effectiveness
• Strategy 7—Focus on High Pay-Off Activities
• Strategy 8—Squeezing the Asset Value Chain
• Strategy 9—Leading Change on a Timely Basis
• Strategy 10—Formalized Innovation, Collaboration and Continuous Improvement

Chapter 6 LEADING ASSET MANAGEMENT PRACTICES

• General Asset Management Practices
• Appendix 6.1—Sample Vision and Mission Statement for Asset Management (Public Works Operations)
• Appendix 6.2—Sample Asset Management Policy (Water and Wastewater Utility)

Chapter 7 ASSET LIFECYCLE STRATEGIES

• Demand and Supply Side Management Concept
• O&M—Review of Best-in-Class O&M Concepts
• Appendix 7.1—Sample Listing of Predictive Techniques

Chapter 8 BUILDING THE ASSET MANAGEMENT PLAN (AMP)

• Five Core Asset Management Questions
• 10 Step Asset Management Planning Process

Chapter 9 ORGANIZATION DESIGN AND PEOPLE EFFECTIVENESS

• Developing a High-Performance Organization to Support Asset Management
• Appendix 9.1—Sample Municipal Organization Design that Supports Sustainable Asset Management
• Appendix 9.2—Typical Roles that Supports Sustainable Asset Management
• References

Chapter 10 ENTERPRISE ASSET MANAGEMENT SOLUTION (EAMS)

• Enabling Technologies for Sustainable Asset Management
• Selecting and Implementing the Components of the ITS
• Selecting Business Applications for the ITS
• ITS Implementation Process
• System Development Lifecycle
• The ITS Drives Asset Management Related Decision Making
• Appendix 10.1— Business Applications Around the Asset Lifecycle
• Appendix 10.2—Sample Key Business Capabilities for an Enterprise Asset Management System (EAMS)
• Appendix 10.3—Sample Key Technical Requirements for an Enterprise Asset Management System

Chapter 11 ASSET MANAGEMENT STANDARDS

• International or Global Standards
• Managing Internal Standards
• Appendix 11.1—Sample Asset Management Standards

Chapter 12 DESIGN OF AN ASSET MANAGEMENT PROGRAM

• Outsourcing Versus using In-House Resources
• Project Teaming Arrangements for an Asset Management Program
• Appendix 12.1—Sample Change Readiness Assessment
• Appendix 12.2—Sample Strength Weakness Opportunity and Threat (SWOT) Analysis
• Reference

Chapter 13 FUNDING STRATEGIES FOR ASSET MANAGEMENT

• Funding Strategies Based on Type of Business—Public or Private
• References

Chapter 14 IMPLEMENTING AN ASSET MANAGEMENT PROGRAM

• Implementing an Asset Management Program (Phase 2—Pilot and Rollout)
• Phase 2—Implementation
• Project’s Work Breakdown Structures (WBS) and Deliverables
• Appendix 14.1—Template for a Communication Plan

Chapter 15 MANAGING PERFORMANCE OF AN ASSET MANAGEMENT PROGRAM

• What Is Performance Management?
• Example Performance Measures
• Asset Management Dashboards

Chapter 16 FUTURE PROOFING YOUR ASSET MANAGMENT PROGRAM

• The Future of Asset Management
• References

Chapter 17 ASSET MANAGEMENT CASE STUDIES

• Introduction
• Case Study # 1—Water Operations
• Case Study # 2—Oil and Gas
• Case Study # 3—Public Works (Large City)
• Case Study # 4—Small Municipality
• Case Study # 5—Manufacturing

Glossary of Terms
Index