CONNECTING ASSET CARE PLANS TO
CAPITAL PLANS TO MAXIMISE ROI
Jason Apps – ARMS Reliability
JASON APPS
CEO, ARMS Reliability
As CEO of ARMS Reliability, Jason Apps oversees a global team
focused on helping clients be safe and successful by making
reliability a reality. ARMS provides continuous value through a
unique blend of innovative technology, advisory services and
decades of reliability engineering experience. Jason is the author
of Asset Strategy Management ASMx: A Leader’s Guide to
Reliability Transformation in the Digital Age.
PROCESS DRIVEN
WHOLE OF LIFE
TRADITIONAL SILOS
ASSET MAINTENANCE ASSET WORK SUSTAINING PORTFOLIO
SELECTION BUILD INTEGRITY MANAGEMENT CAPITAL MANAGEMENT
© ARMS Reliability 2020
TYPICAL ENVIRONMENT
Integrity program Initial asset life as
Asset selected, OEM or maintenance
implemented often determined at
installed and build completed and
managed outside selection is not
commissioned loaded to EAM
EAM recorded
Asset ages, Asset deteriorates,
operations change, condition is Sustaining capital
Approved or deferred
maintenance plans compromising cost, requested
slowly adjusted performance or safety
Asset nursed through
life extension
© ARMS Reliability 2020
TACTICAL
ASSET
PORTFOLIO
TACTICAL DECISIONS
▪ Routine maintenance
▪ Some failure modes are “end of life”
▪ Routine maintenance changes over time
– Operational context
– Asset age
▪ “Integrity” damage mechanisms typically linked to end of life
© ARMS Reliability 2020
ASSET DECISIONS
▪ Age to replace or perform major rectification
▪ Based on current condition
– Generally from integrity program
– But not linked to capital program
▪ Obsolescence is often a key driver
© ARMS Reliability 2020
PORTFOLIO
▪ Capital requests for all asset replacements/rectification
▪ Overlay constraints (typically $’s)
▪ Prioritise/Optimise project schedule
– Results in life extensions
© ARMS Reliability 2020
PROCESS DRIVEN
▪ Current condition of the asset ▪ If sustaining capital
should be used to adjust prioritisation/optimisation
replacement/rectification date results in life extension
- Effective Age vs. Actual age – gives - Determine is routine
“remaining life” maintenance/integrity tasks need to
change
- Asset condition – worst
mode/mechanism, weighted average, - Identify key failure modes/degradation
sum mechanisms and resulting risks
- Mitigate risks
TACTICS SET BASED ON OPERATING CONTEXT
✓ Asset
✓ Environment
✓ Duty
✓ Operating context
✓ Resources
✓ Location
✓ Materials & Logistics
© ARMS Reliability 2020
FORECASTING REPLACEMENT DATE
PORTFOLIO
© ARMS Reliability 2020
PORTFOLIO PRIORITISATION
APPROVED
Prioritisation / Optimisation
PORTFOLIO
DEFERRED
© ARMS Reliability 2020
TACTICS SET BASED ON OPERATING CONTEXT
DEFFERED
✓ Asset
✓ Environment
✓ Duty
✓ Operating context
✓ Resources
✓ Location
✓ Materials & Logistics
© ARMS Reliability 2020
FORECAST
T RIGGERS ANALYSIS & EVALUAT ION REVIEW & APPROVE IMPLEMENT &
WORKF LOW EXECUT E
EVENTS RCA
& DATA RISK
COST
R EVIEW R OU TIN E
FA ILURE TASKS
PLA NNED HRS
REPA IR TIME EAM
R EPAIR /R EPL AC E
INTERV A L
C APEX ASSET HEALT H
PR IOR ITIZATI ON
MONIT ORING
D EGR AD ATION
AGE
D ETER IOR ATION , C ON D ITION , H EAL TH , D ATA
ASSET, WOR K OR D ER , C OST, MATER IAL S & D ATA
ASSET STRATEGY MANAGEMENT
A best practice approach to managing
asset strategies, organisation-wide.
A process, enabled by people, technology
and data, to ensure the optimal strategy
is on every asset, all the time.
QUESTIONS?
REMOTE SERVICES AND TRAINING
© ARMS Reliability 2020
