Engineering Asset Management

About this title

Ian Barnard's unique book, Engineering Asset Management an Insurance Perspective, is a compilation of experiences and observations in the fields of asset management, engineering consulting and insurance. He has been exposed to asset management systems from all parts of the world and from all types of industry. His book presents the best of the best in asset management systems and highlights common pitfalls which prevent these systems from achieving excellence. The underlying theme of the book is that it is not technology that defines an effective asset management system, but rather people. While this book presents an insurance perspective on engineering asset management systems, a central tenet of insurance is that if it saves the insurance company money, it will save the client money.

Contents

1. Why Care About Insurance?
   • 1.1 A bit of History
   • 1.2 The Insurance Industry Now
   • 1.3 Insurance Capacity
   • 1.4 Typical Policy Structure
   • 1.5 Reinsurance
   • 1.6 Deductibles (Excess)
   • 1.7 The Engineering Review
   • 1.8 Plant Insurance Types
2. Loss Determination
   • 2.1 Loss Probabilities
   • 2.2 Risk Ratings
3. The Insurance Survey and Report
   • 3.1 Insurance Brokers
   • 3.2 The Survey
   • 3.3 Final Notes
4. Insurance Standards
   • 4.1 Equipment Protection Standards
5. Plant and Equipment
   • 5.1 Standard Nature of Equipment
   • 5.2 Equipment Condition
   • 5.3 Suitability of Equipment
   • 5.4 Production Levels
   • 5.5 Production Support
   • 5.6 Structures
6. General Systems
   • 6.1 Management of Critical Recommendations
   • 6.2 Management of Contractors
   • 6.3 Funding
   • 6.4 Management of Statutory Obligations
   • 6.5 Management of Change
   • 6.6 Incident Reporting
   • 6.7 Continuous Improvement
   • 6.8 Workplace Hazard Identification
7. Maintenance
   • 7.1 Minimum Maintenance Requirements
   • 7.2 The Maintenance Spectrum
   • 7.3 Maintenance System Design
   • 7.4 Maintenance System Requirements
   • 7.5 Maintenance Improvement
   • 7.6 Maintenance Performance Measurement
   • 7.7 Contingency Planning for Equipment Failure
   • 7.8 Equipment Repairs
   • 7.9 Plant Condition Monitoring
   • 7.10 Statutory Maintenance Requirements
8. Fire Systems
   • 8.1 Some Fire Facts
   • 8.2 The Emergency Manual
   • 8.3 Site Emergency Response Team (ERT)
   • 8.4 Staff Training
   • 8.5 Detection and Warning Systems
   • 8.6 Sprinklers
   • 8.7 Hydrants and Fire Water Supplies
   • 8.8 Testing and Auditing
   • 8.9 Management of Hot Work
9. Human Elements
   • 9.1 Operating and Maintenance Procedures
   • 9.2 Employee Relations
   • 9.3 Safety Management
   • 9.4 Staff Training
   • 9.5 Organizational Structure
   • 9.6 Staffing
   • 9.7 Turnover of Personnel
10. Asset Management Observations
    • 10.1 Plant Failures
    • 10.2 Impacts for Asset Management System Design
    • 10.3 Human Element of Asset Management
    • 10.4 The Social Responsibilities of Asset Managers
    • 10.5 The Future of Asset Management