As utility assets age and come under increasing regulatory pressure, asset owners will need to have clear long-term plans in place for managing asset condition, costs and service level outcomes across all phases of an assets lifecycle. Deferring or avoiding new CapEx is likely to be a significant aspect of this process.
Utility Consultants can provide asset management advice in the following areas....
Asset management plans
- Preparation of asset management plans.
- Peer reviewing of asset management plans against compliance standards and best applicable practice.
- Auditing of asset management processes.
Asset lifecycle management
- Identification of asset lifecycles.
- Migration of time-based renewal programs to condition-based.
- Development of condition based maintenance strategies.
Capital development planning
- Development of capital development programs.
- Integration of capital development programs into asset management frameworks.
Establishing service levels
- Identifying required service level outcomes.
- Determining asset and process requirements to deliver service level outcomes.
- Resolving conflicting service level requirements.