Asset Management Stage
Asset Information Management
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Asset Information Models (AIM)

On-site verification

Organizational Information Requirements

Asset Information Requirements

Asset Management Standards & Guidelines

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O&M Documentation

 O&M Manual

T&C Reports

Product Catalogue

Statutory Records

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Handover to End Users

Operations & Maintenance

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Block Chains

Purpose of the Information Management Process:
  • Defining asset management strategies and plans
  • Implementing asset management plans
  • Managing the asset life-cycle
  • Acquiring and managing asset knowledge
  • Managing the organization and its human resources
  • Managing and reviewing risk
Benefits of Asset Management:
  • Optimizing and prioritizing asset management strategies and plans for future projects
  • Assessing the financial benefits (CAPex and OPex)
  • Determining the operational and financial impacts of asset unavailability or failure
  • Making life-cycle cost comparatives of alternative capital investments
  • Identifying expiry of warranty periods
  • Determining the end of an asset's economic life
  • Obtaining asset maintenance / replacement values
  • Undertaking financial analysis of planned income and expenditure