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Asset Management and Financial Enlightenment

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Content Description
Original date: 
Tuesday, November 18, 2014

Asset Management is often stereotyped as being about maintenance and reliability. In truth Asset Management is more than that – Asset Management is about providing guidance and direction through the best and worst of times. This session will explore and explain how the application and adherence of recent PAS55 and ISO55000 principles can provide such guidance and deliver true enlightenment in the face of ever changing financial constraints. Learn how the boundaries of Asset Management have expanded when it comes to establishing and verifying a combined, optimized, and whole-life management system relating to your physical assets. We will discuss ideas for maintaining a focus on best practices, even in a time of cost reduction.

BoK Content Source: 
MainTrain 2014
BoK Content Type: 
Presentation Slides
Presentation Paper
Asset Management Framework Subject: 
02 Asset Management Decision Making, 2.03 Lifecycle Value Realisation
Maintenance Management Framework Subject: 
01 Business & Organization Context, 1.4 Strategic Maintenance Plan, 02 Maintenance Program Mgmt, 2.4 Maint. Budget/Cost Control
Author Title: 
Manager North America
Author Employer: 
Ausenco Rylson
Author Bio: 

Bill is highly experienced in Maintenance and Asset Management, having worked in a variety of consulting, senior management and staff positions relating to Operations, Maintenance and Asset Management over the last 30 years across aluminum smelting, coal mining and petro-chemical industry. In his career, he has gained extensive experience in most aspects of Maintenance and Reliability Improvement including: Maintenance and Asset Management Audits and Assessments, Maintenance Benchmarking, Root Cause Analysis Training and Facilitation, Reliability Centred Maintenance and PM Optimization Facilitation as well as Maintenance Work Management Process Improvement. Don’t miss Bill’s session: Asset Management and Financial Enlightenment taking place Tuesday at 09:45.