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 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.
Asset Decision Framework for Optimal ValueBoK Content Type:WebcastBoK Content Source:Practitioner ProducedOriginal date:Monday, April 16, 2018Most organisations have implemented processes and tools to collect data to facilitate informed decision-making. Often, they will seek out best practices and measures to assist in decisionmaking or rely on technology to guide the basis of decisions. However, in many cases these same organisations approach a gap in tactical deployment and the ability to draw a connection to the follow-up or pre-emptive actions required to derive value from assets. This presentation will review the processes for establishing a framework for alignment and priority setting, while looking at the techniques employed for resiliency and risk management using a technology agnostic approach. We will review potential data sources which can be leveraged for decision-making and which reflect the needs and current state of the business environment. Further, we will discuss the relationship and application to the decision-making process. An overview of the fundamental outcome of key performance indicators and visualized metrics will be demonstrated. Finally, we will investigate the influence on decision making and the level of data confidence.