What is Physical Asset Management?
Asset Management is the coordination of activities of an organisation to realise value from its assets by translating organisational objectives into asset related decisions, plans and activities using a risk based approach
What We Do
ISO 55000 Awareness
Introduction of the ISO 55000 standard to relevant stakeholders.
Self Assessment
We facilitate your team to assess where they are relative to the ISO55000 standard based on a maturity matrix for both processes and KPIs.
Gap Analysis
Once the team has established their current maturity level, we help them determine what gap exists to achieve the level of competency.
Strategy Formulation
Armed with the gap analysis we help the client to come up with the strategy to close the gap.
Action Planning
Detailed action plan with roles, responsibilities and deliverables to close the gap in performance.
ISO 55000 Implementation
Step by step process for implementation through training, coaching and capability buildingFeatures
- Asset Management Policy and Strategy Development
- Digitalisation and Technology Integration
- Technical Asset Register
- Asset Identification, Verification & Valuation
- Work Management (Planning, Scheduling and Resourcing)
- Asset Management Plans and Developments
- Asset Life Cycle Management
- Organisation Development
- Financial & Materials Management
- Risk Management
- Health, Safety, Environment and Quality
- Defect Elimination and Focused Improvement
- Contractor Management
- Maintenance Facilities & Tools Management
- Shut Downs & Outage Management
- Performance Monitoring and Evaluation
Benefits of Working with Us
Improved Equipment Performance
Improved equipment availability, reliability and utilisation
Operational Risk Reduction
Mitigation against business risk and enhanced safety of operations
Reduction in Unit Cost
Improved reliability and availability, leads to reduction in opex and capex caused by failures with their impact on production & costs
Improved Return on Assets
Better availability, utilisation and productivity of Assets results in increased ROA and reliability of processes
