asset lifecycle management

Maintenance Rebuild Decision: Reuse or Replace

An often debated subject on maintenance rebuilds is exactly which parts or components should be replaced. There are two extremes when making this decision. There is a balance in replace or reuse to achieve the proper reliability and cost balance. This article will give some considerations around decisions to reuse or replace when executing maintenance.

Asset Management

2019 Uptime Award Winner • Special Recognition Award: Innovative Champion • JLL

Ken O’Connor said, “Thank you for recognizing JLL’s innovation in successfully implementing a globally standardized Lifecycle Asset Management program, aligned with the Uptime^® Elements Reliability Framework, and designed to maximize the value of assets, mitigate risk, and operate buildings at optimal efficiency"

Asset Management

Asset Performance Management Defined

If you work for an asset intensive organization and your role involves ensuring value from assets, you are unlikely to organize the world by software applications as software marketing professionals or software analysts’ do in order to describe these applications and functions to chief information officers, IT leaders or other chief officers.

Asset Management

Reliability Improvement and Optimization: Achieving to Manage Depreciation & Wear in Assets

TRC-2018 Learning Zone 38:56
by Pedro Portillo and Gerardo Lara, Goldcorp

Peñasquito Mine, Goldcorp Asset, Ranking First for Gold Extraction in Mexico with 8 years of Operation, Managing 400 assets for Operational Continuity.

Development of a department for management of maintenance and assets.
RELIABILITY- Structure & Monitoring of KPI´S
CONMON: Activities Development
LUBRICATION SYSTEM - Management Activities
ACHIEVEMENTS
FOLLOW-UP DEVELOPMENT
NEXT STEPS

Asset Management

Bentley Systems Announces Winners of Year in Infrastructure 2018 Awards

EXTON, Pa. – October 22, 2018 – Bentley Systems, Incorporated, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure, has announced the winners of the Year in Infrastructure 2018 Awards. The annual awards program honors the extraordinary work of Bentley users advancing design, construction, and operations of infrastructure throughout the world.

Asset Management

Product Value Management: Boosting Performance Through Asset Redesign

Achain is only as strong as its weakest link. Many businesses address this issue by focusing efforts on identifying and strengthening the weakest link. But, is this the best solution? Rather than accepting the existing chain with its weaknesses as given, reconfiguring or redesigning the whole chain can potentially eliminate the weakest link altogether.

This is the reasoning behind product value management (PVM), a holistic approach that can help asset managers redesign assets to boost performance without adding lifecycle costs or complexity.

Asset Management

The Golden Rules for Machinery Reliability

You are probably familiar with life’s golden rule: Do unto others as you would have them do unto you. But have you ever wondered how any given machine, if it could express itself, would feel about this rule? What would it say? This article offers some speculative thoughts from the machine’s point of view, presented as the golden rules for machinery reliability.

asset lifecycle management

Maintenance Rebuild Decision: Reuse or Replace

2019 Uptime Award Winner • Special Recognition Award: Innovative Champion • JLL

Asset Performance Management Defined

Reliability Improvement and Optimization: Achieving to Manage Depreciation & Wear in Assets

Bentley Systems Announces Winners of Year in Infrastructure 2018 Awards

Solution enables up-to-date, as-operated digital twins

Siemens and Bentley Systems Announce Integrated Asset Performance Management Solution

Product Value Management: Boosting Performance Through Asset Redesign

The Golden Rules for Machinery Reliability