physical Asset Management, Maintenance and Reliability Engineering


The philosophy of Physical Asset Management and control is to develop an Asset Management Policy and Strategy as a starting block. The policy and strategy cover all aspects of Physical Asset Management from specification, procurement, operations, outages, right through to a decommissioning plan, in accordance with Health, Safety and Environmental best practices and statutory regulations for the disposal of assets.

The Maintenance/Reliability Basis Strategy development identifies and protects critical plant assets from failure, by specifying and utilising the most cost-effective methods to manage their failure mechanisms. Templates are generated for all components using International Best Practices. Templates are utilized to identify specific failure modes, and optimal repair frequencies for components. This is in essence a master plan for the management of all preventive maintenance activities (inspections, tests, condition monitoring, overhauls, interventions and input to operator rounds) for the life of the plant. A detailed Spares Management Strategy is ideally incorporated to the Maintenance/Reliability Basis Strategy however can also be performed as an add-on function.

Equipment/system failure studies associated with reliability and availability or risk studies is best performed in the compilation of the Maintenance/Reliability Basis Strategy.

PAS 55 has been replaced by ISO 55000. Companies with major assets are seeking to be ISO 55001 certified in order for the assurance that they have the required processes to manage their assets. We provide support to achieve ISO 55001 certification and ISO 9001 certifications.

 We provide the following services in Asset Management, Maintenance and Reliability Engineering:

  • Coaching in Maintenance and Equipment Reliability Optimisation (RCM II, FMECA,  Nuclear AP913 application, etc).
  • International Asset Management Evaluation System (ARINT Protocol based on International Best Practises and Integrated Management Systems for Asset Management).
  • Maintenance Optimisation studies (Development of Process, Facilitation and Management of Projects for Pro-Active Maintenance, Predictive maintenance, Preventive Maintenance, and Corrective Maintenance programmes.
  • Maintenance Programme Implementation (Strategy into physical work completion regarding Task development, Maintenance Schedules, Work Planning and Scheduling, Resource Requirements, Bill of Materials, Spares Analysis, Operating Procedures, Plant Inspections, History, Cost Benefit Analysis, Permit to Work, SHEQ requirements and Quality Control Procedures).
  • Plant Codification, Spares Cataloguing and Materials Management.
  • Risk-Based Inspection (RBI), Maintenance and Testing programme development and implementation.

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