Lifecycle Asset Planning

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What we offer

Asset management program governance & strategy

We don't just hand you a binder; we help you build a program you ultimately manage. We help you establish the governance structures, policies, and strategic frameworks needed to make asset management a permanent way of doing business so that service levels are met or exceeded, risks are understood and managed, and planning and maintenance are proactive.

Our experience has shown the rebuilding or starting a program from scratch must balance the strategic with the tactical In that vein, we often recommend starting with defining your asset management objectives and developing your inaugural Asset Management Plan (AMP) that includes a roadmap of initiatives, and as you mature, facilitate development of your Strategic Asset Management Plan and Asset Management Policy. All of these documents follow the ISO-55000 standard for asset management.

Asset Management Plan Development
Strategic Asset Management Plan Development
Asset Management Policy Development

Inventory & condition assessments

You can't manage what you don't know. We help you build comprehensive asset registers that not provide equipment attribute information, but also locational information and parent-child relationships necessary for a robust asst hierarchy.

We help you formulate condition assessment programs that relate to your lifecycle asset strategies and equipment failure modes and failure frequencies, and, combined with an array of available mobile technologies, permit you to make the appropriate and timely capital and a maintenance interventions. For instance, some assets may only require visual assessments whereas more critical assets may require on-condition or continuous condition monitoring.

Develop comprehensive asset registers.
Design and execute risk-based condition assessment programs
Incorporate condition data directly into maintenance and capital planning

Risk & capital planning frameworks

Turn data into defensible decisions. We develop risk frameworks that calculate the criticality of every asset, allowing you to prioritize maintenance and capital improvement projects based on actual risk.

Determine likelihood and consequence of failure to assess asset risk and criticality
Prioritize capital projects by asset risk; determine asset care strategies based on criticality
Create defensible long-term capital plans that target the assets and systems most important to meeting service level goals, thereby mitigating risk and optimizing lifecycle costs

Discover the real-world benefits of our work

We have helped many different organizations through their digital journeys. Take a look at the case studies below to see examples of our work and how we could help your organization take the next step.