Comparing Asset Management ideal Process with Realistic Implementation
This comparison aims to highlight the gap between best-practice frameworks and the practical realities faced during actual asset management system deployments.
| Category | Activities | Actual Activities |
|---|---|---|
| Maintenance Strategy Definition | Develop Overall Maintenance Philosophy | Define Asset Integrity Strategy |
| Maintenance Strategy Definition | Define Site-Specific Maintenance and Integrity strategy | Define Asset Integrity Strategy |
| Maintenance Strategy Definition | Define KPI (Key performance indicator) | Define Asset Integrity Key Performance Indicator |
| Equipment Strategy Development | Develop Asset Register & Define Criticality | Risk Studies & Risk Level Mapping |
| Equipment Strategy | Conduct Mechanical Integrity Analysis | Design Engineering Review |
| Equipment Strategy Development | Develop Equipment Maintenance Strategies | Fitness for Services |
| Equipment Strategy Development | Execute Root Cause and Failure Analysis | Root Cause Problem Solving |
| Equipment Strategy Development | Optimize Maintenance Strategies | Create FMCA, ECA, EDD |
| Maintenance Planning & Scheduling | Identify Asset Maintenance Requirements | Master Data Creation & SECE Identification |
| Maintenance Planning & Scheduling | Select & Prioritize Work | Create Master Plan |
| Maintenance Planning & Scheduling | Develop Maintenance Plans | Create Maintenace Program & Inspection Program |
| Maintenance Planning & Scheduling | Prepare Task List and BoMs Allocation | Create Task List, Material Requirement, Resource Allocation and Sub Order |
| Maintenance Planning & Scheduling | Schedule Maintenance Work | Create Work Order |
| Maintenance Sourcing & Contractor Management | Define Maintenance Sourcing Strategy | Resources Planning |
| Maintenance Sourcing & Contractor Management | Procure Maintenance Services | External Services Procurement, Material Procurement |
| Maintenance Sourcing & Contractor Management | Manage Contracts and Contractors | Contractor Management System: Pre Qualification, tender, Invitation to Bid and Evaluation |
| Maintenance Execution | Approve Maintenance Work | Permit Approval |
| Maintenance Execution | Manage Work Permit | Create Job Ticket & Control Ticket |
| Maintenance Execution | Execute Maintenance Work | Execute Maintenance Work, Workshop Management |
| Maintenance Execution | Document and Close Out Work | Service Acceptance |
| Work & Asset Performance Monitoring | Monitor Equipment Condition and Health | Condition Monitoring, Inspection Program, Basic of Care (BOC), |
| Work & Asset Performance Monitoring | Monitor and Manage Threat and Vulnerabilities | FFS (Fit for Services) Assesment |
| Work & Asset Performance Monitoring | Analyze Equipment Performance | Performance Monitoring |
| Work & Asset Performance Monitoring | Analyze Equipment Cost and Effectiveness | FFS Assessment |
| Work & Asset Performance Monitoring | Define and Implement Improvements | Management of Change |
