The Road to a Fully Integrated Asset Management Strategy Applied to Rotating Equipment
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Date
2011
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Turbomachinery Laboratory, Texas A&M Engineering Experiment Station
Abstract
Today most companies around the world are very much
aware of the benefits of improved plant reliability and
the elements necessary to achieve this, such as the
development and implementation of risk-based
equipment maintenance strategies and spares parts
optimisation. However, because these projects require a
significant investment of time and effort, most
companies either do not complete them or reduce their
scope along the way.
The other important aspect of an integrated asset
management strategy is that it integrates all the elements
together and establishes systems and procedures to
sustain and continuously improve them. This paper
mainly focuses on how companies can overcome the
challenges during the journey from development to
implementation of a fully integrated asset management
strategy.
Description
Lecture