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Safety Driven Performance Conference 2013 The future of managing asset- intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services 10 October 2013

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Page 1: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Safety Driven Performance Conference 2013

The future of managing asset-intensive businesses

John Keefe

APM/RBMI Technical Manager

Asset Integrity Services

10 October 2013

Page 2: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Learning objectives

To understand…•the scope and intent of ISO standards for asset management •the “dimensions” of asset management; risk, asset and lifecycle •a 7-element framework to ensure all requirements are addressed

Page 3: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Context of Asset Management

Data management

Condition monitoring

Risk management

Quality management

Environmental management

Systems and software engineering

Life cycle costing

Dependability (Reliability, Availability, Maintainability, Supportability)

Configuration management

Sustainable development

Inspection

Non-destructive testing

Pressure equipment

Financial management

Value management

Shock and vibration

Acoustics

Qualification and assessment of personnel

Project management

Property and property management

Facilities management

Equipment management

Commissioning process

Energy management

ISO 55000

Page 4: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Based on PAS 55 Part 1 & 2

Developed by…•50 organizations•in 15 industries•from 10 countries•over 6 years

Page 5: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Participating Countries

1. Argentina

2. Australia

3. Belgium

4. Brazil

5. Canada

6. Chile

7. China

8. Columbia

9. Czech Republic

10. Denmark

11. Finland

12. France

13. Germany

14. India

15. Ireland

16. Italy

17. Japan

18. Korea, Rep. of

19. Mexico

20. Netherlands

21. Norway 22. Peru23. Portugal24. Russian Fed.25. South Africa26. Spain27. Sweden28. Switzerland29. UAE30. UK31. USA

Page 6: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Asset Management “Dimensions”

Risk

Assets

Asset Management

Lifecycle

Page 7: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Financial Human

Types of Assets

Physical IntangibleInformation

Page 8: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

ISO standards in development

• 55000 Asset management – Overview, principles and terminology

• 55001 Asset management – Management systems – Requirements

• 55002 Asset management – Management systems – Guidelines for the application of ISO 55001

• 17021-5 Competence requirements for auditing and certification of asset management systems

Page 9: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

55000 Overview, principles

2.5.3.3 Leadership

Top Management creates the vision and values … and actively models these ….

Leaders … ensure alignment of the asset management system to other management systems …

1. Context of the organization

2. Leadership

3. Planning

4. Support

5. Operation

6. Performance evaluation

7. Improvement

Seven Elements:

Page 10: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

55001 Requirements

5.1 Leadership and commitment

Top management shall demonstrate leadership and commitment … by

−ensuring the integration of the asset management system requirements into the organization’s business processes

−promoting cross-functional collaboration within the organization

1. Context of the organization

2. Leadership

3. Planning

4. Support

5. Operation

6. Performance evaluation

7. Improvement

Page 11: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

55002 Guideline

5.1 Leadership and commitment

Top management commitment … can be demonstrated by:

−establishing a strong collaborative work culture…

−using asset management related decision making criteria for capital expenditures and other decisions

1. Context of the organization

2. Leadership

3. Planning

4. Support

5. Operation

6. Performance evaluation

7. Improvement

Page 12: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

55000 Overview, principles

2.5.3.4 Planning

The asset management system supports the development of asset management plans that have specific and measurable objectives. These objectives provide the opportunity for alignment of the organization’s strategic plan and the unit level business plans and operating plans.

1. Context of the organization

2. Leadership

3. Planning

4. Support

5. Operation

6. Performance evaluation

7. Improvement

Page 13: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

55001 Requirements

6.2.1 Asset management objectives

The asset management objectives shall

−be established and updated using asset management decision making criteria

1. Context of the organization

2. Leadership

3. Planning

4. Support

5. Operation

6. Performance evaluation

7. Improvement

Page 14: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

55002 Guideline

6.2.1 Asset management objectives

It is important to consider that monitoring, measuring, analysing and evaluating is undertaken to drive and support decision-making on improvement actions. So when deciding what to measure, how to measure, analyse, etc. it is important to understand what type of behaviours and actions the organization is wanting to get out of the objective before implementing it.

1. Context of the organization

2. Leadership

3. Planning

4. Support

5. Operation

6. Performance evaluation

7. Improvement

Page 15: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

A Functional Framework

1. Leadership, Values & Culture

2. Organization

Organization’s Objectives (i.e. Business Plan)

CONTEXT

6. Knowledge Management

4. Lifecycle Activities

Decision Making

Legal & Regulatory

Requirements

Customers, Suppliers & Employees

Market Demand

Society

5. Risk Management

3. Policy, Strategy & Objectives

7. Measurement & Improvement

Page 16: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Implementation Success Factors

• Commitment

Page 17: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Implementation Success Factors

• Commitment• Measure Gap

Page 18: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Implementation Success Factors

• Commitment• Measure Gap• Value Proposition

Delivered Value

Page 19: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Implementation Success Factors

• Commitment• Measure Gap• Value Proposition• Line of Sight

Company Plan

Policy Strategy Objectives Daily Activities

Page 20: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Implementation Success Factors

• Commitment• Measure Gap• Value Proposition• Line of Sight• Change Management

Page 21: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Benefits of asset management

Improved …•financial performance•services and outputs•organizational sustainability•organizational efficiency and effectiveness

Demonstrated …•compliance•social responsibility

•Enhanced reputation•Informed asset investment decisions•Managed risk

Page 22: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Safety Driven Performance Conference 2013

Any questions?

Page 23: Safety Driven Performance Conference 2013 The future of managing asset-intensive businesses John Keefe APM/RBMI Technical Manager Asset Integrity Services

Safety Driven Performance Conference 2013