Asset Resource Planning

Asset-intensive companies need a more sophisticated approach to releasing the value locked away in their physical asset base, an approach that combines both the effectiveness of reliability and risk management, along with the efficiency of tight scheduling and resource management. "Asset Resource Planning" will give you the tools needed to make improvements in today's difficult climate! Written by an international professional and leading figure in the international asset maintenance discipline, it will provide readers with a range of unique tools, skills and insights that have not before been published within the field of asset maintenance. These include spreadsheet applications for immediate use within their day-to-day activities and a range of processes, techniques and concepts that have not been widely implemented or written about previously within asset maintenance. This unique resource condenses years of global experience into one value packed guide!It provides clear and practical advice on how to build an Asset Resource Plan that will deliver minimum whole-of-life costs for a given level of performance and risk.
It offers details of the eight areas of waste within asset maintenance, how these differ to standard applications of Lean thinking, and how these can be tackled through practical solutions. It provides practical tips on how to implement risk distributed budgeting to radically alter the budget submission process within any asset intensive organization. It contains advice, techniques, and practical tips for advancing the management of maintenance from a static, and high cost, process through to a probabilistic, and optimal cost, process. It provides clear and practical advice, for the first time, on the difference between hidden failures with economic consequences and those with safety or environmental consequences.It gives a clear definition of the difference between criticality and prioritization, including a detailed analysis of where to use either technique, and how they can be applied. It provides a detailed description of Analytical Hierarchical Process-a multi-criteria decision making tool that is regularly used within the financial and capital optimization fields, yet rarely used within asset maintenance. It includes a detailed overview of how to best manage asset data.
It contains five spreadsheet tools that can be used immediately for improving readers day-to-day business activities.