November 28 - 30, 2018

Supportability Optimization? Advanced Asset Management Techniques

29 Nov 2017
11:00 am - 11:45 am

Supportability Optimization? Advanced Asset Management Techniques

Supportability Optimization is the process of maximizing the effectiveness of the support system for physical assets in terms of cost and asset performance (output and availability) within given constraints such as available personnel or infrastructure. To truly optimize something, it has to be quantitatively measured. It is also necessary to understand how its value changes as modifications to equipment, support systems, and processes are applied. Until now, Supportability was not easily measured.

Many asset management elements must be addressed to fully examine overall asset supportability. How can we ensure that we are attacking the right problem? How do you obtain the best ROI? How do you truly know whether the best benefit would be gained by applying RCM, investing in operator training, optimizing spare parts, or incorporating design changes to improve reliability? Each of these “solutions” has a cost and return in terms of reliability and availability and is the focus of the process.

This presentation will provide an overview of the supportability analysis process, a methodology used to measure supportability, and the application of asset management processes on complex physical assets. Finally, the group will review a case study describing the application to a very comprehensive and complex project to magnify the value of the Supportability Optimization methodologies on Life Cycle Costs.

Track Name: Maintenance & Repair Day
Session Date: Nov 29 2017 11:00 am – 11:45 am
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