Shared Learning Library
Welcome to PEMAC's Shared Learning Library, a growing body of community created knowledge, built up and maintained by the PEMAC member community. Explore a range of articles, presentations and webcasts covering a wide range of maintenance, reliability and asset management subject areas. You can even find presentations from past MainTrain conferences and PEMAC Lunch & Learn webcasts.
To easily find what you are looking for the content of the Shared Learning Library can be filtered by both Maintenance Management and Asset Management subject areas using the options in the menu to the left of the screen.
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BoK Content Type:Presentation SlidesWebcastPresentation PaperBoK Content Source:MainTrain 2020Original date:Thursday, April 2, 2020In our isolated world of maintenance and asset management, we often struggle to make a solid case for improvements we know will be of value to our organizations. Our managers and executives often don’t “get it,” and our best arguments just don’t hit the mark. Communicating what we know to be true is our responsibility; we cannot expect our audience to understand our knowledge domain as we do. We need to send clear, unambiguous messages that will be understood by the listener. This presentation will focus on ways to communicate the value that arises with good maintenance, and operational and asset management practices, throughout the lifecycle of physical assets. “Value” is often misinterpreted to mean “low cost,” especially in the accounting community. To them, value comes from minimizing any and all costs. Operations managers often interpret “value” as the ability to deliver more and avoid any downtime on any machine involved in production. To them, denying downtime for maintenance is a good thing to do. Maintainers tend to interpret value to mean fewer failures. Yet the avoidance of all failures may actually expend needless resources where there’s no need. Engineers often think of value deriving from the delivery of projects on time and on budget—even better if delivered earlier or at lower-than-estimated costs. Spending less upfront, however, can lead to high operating and maintenance costs for years to come. To an extent, they’re all correct, but they’re all missing the true meaning. We’ll speak to value, what it is, how our organizations can ensure it’s delivered, and how we can make a case to our managers and executives so they’ll understand. This presentation is based on Paying Your Way (2020), which will be used as a text for all participants, summarizing several case studies. Originally presented at MainTrain 2020, September 15, 2020. Webcast presented January 12, 2021
Super-Productivity - AB Chapter Online Symposium (Part 5 of 7)BoK Content Type:Presentation SlidesWebcastBoK Content Source:Practitioner ProducedOriginal date:Thursday, May 28, 2020Organizations have a performance metric for productivity measured as cost per unit produced, or sometimes called unit cost or cost of service. In operations, we recognize we can affect the numerator with how well we manage our costs, and we can affect the denominator with how much we can produce. What is Super-Productivity? We define Super-Productivity as the sum of all the bad over the sum of all the good. As a leader, if you really want agency over all your organization’s activities and you desire operationally excellent results, then you must reflect all the opportunity costs your organization has been blind to in the measure of productivity. Is your organization courageous enough to see yourself in that light? Few are. Here’s what it takes. Join Paul Daoust as we challenge our perceptions on the fascinating relationship between cost, performance and risk. Together we will apply these concepts to asset-intensive organizations to enable more, better decisions, vastly improved business plans and higher value business outcomes from the same assets with fewer resources.
Creating an Asset Management Roadmap Using Process Improvement Methodology: Joint webcast with PEMAC & SMRPBoK Content Type:Presentation SlidesWebcastBoK Content Source:Practitioner ProducedOriginal date:Monday, January 22, 2018Asset Management Roadmaps aren’t always perfect. Often they are a work in progress. In this webcast participants will see the journey that EPCOR Water Services Inc. (EWSI) undertook when developing its Asset Management Roadmap/Framework, and learn that even with challenges along the way, the organization overall ended up with a greater understanding and acceptance of asset management.EWSI’s initial framework, developed in 2011, was closely aligned with BSI PAS 55 and later revised to reflect ISO 55000 standards. Participants will learn more about the organization’s first attempt at a typical management system development process that took place over the next 24 month period, and see how this initial approach was unsuccessful.With lessons learned, the organization revised its approach in 2013, looking at asset management related gaps with EWSI operations and used process improvement methodology to develop procedures and tools to resolve those gaps. One of the major gaps identified was lack of asset management plans. The next year, a pilot project focusing on the 10-Steps of asset management (SIMPLE) was completed.Participants will see how this pilot project demonstrated the start-to-finish development of an asset management plan, and the development and field testing of several standards, procedures and tools that would become part of EWSI’s asset management framework. This approach demonstrated the value of asset management, resulting in greater understanding and acceptance of asset management throughout EWSI.
Webcast: Asset Management and ISO 5500x - The Asset Management System StandardBoK Content Type:WebcastBoK Content Source:Practitioner ProducedOriginal date:Friday, February 14, 2014Overview:What is Asset Management?History of Asset ManagementAsset Management TodayDefinitions from ISO 55000Core QuestionsWho will adopt?Strategic BenefitsTactical Benefits