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

results

ISO 55000 Awareness

Introduction of the ISO 55000 standard to relevant stakeholders.
recommendations

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.
integrated

Gap Analysis

Once the team has established their current maturity level, we help them determine what gap exists to achieve the level of competency.
speed

Strategy Formulation

Armed with the gap analysis we help the client to come up with the strategy to close the gap.
training

Action Planning

Detailed action plan with roles, responsibilities and deliverables to close the gap in performance.
training

ISO 55000 Implementation

Step by step process for implementation through training, coaching and capability building

Features

  • Asset Management Strategy
  • Information Management Systems
  • Technical Asset Register
  • Asset Identification, Verification & Valuation
  • Work Planning & Control
  • Asset Management Plans
  • Life Cycle Management
  • Organisation Development
  • Financial & Materials Management
  • Risk Management
  • Health, Safety and Environment
  • Operator Asset Management
  • Contractor Management
  • Support Facilities & Tools
  • Shut Downs & Outage Management
  • Performance Measurement & Improvement

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

Extended Asset Life


The increased focus on Asset Life Cycle results in longer useful asset life