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Troy Schwartz, PE, CMRP, CRE, CSP
Principal Engineer
Life Cycle Engineering, Houston, TX
linkedin: www.linkedin.com/in/troyschwartz
e-mail: tschwartz@LCE.com
www.LCE.com
“You have to maintain your investment
and focus on your long-term purpose,
but you must focus in on three key
things: being bolder, faster and smarter.” Steve Bolze
President and CEO
GE Power & Water
Limited R&M resources
“Fire-fighting” resulting in costly process downtime
Rapid technological growth with advanced diagnostic tools
Maintaining outdated aging equipment in service alongside newer more modern equipment
Incomplete / inaccurate asset and maintenance data
Identifying the “bad actors”
Inability to predict the types of failures that can occur
Lack of equipment-specific strategies
Collecting and presenting historical reliability and maintenance (RM) data that is accurate and accessible
2015 Reliability & Maintenance Conference Page 3
Free from pretense or deceit
Easily detected or seen through
Readily understood
Characterized by visibility or accessibility of
information especially concerning business
practices
2015 Reliability & Maintenance Conference Page 4
Asset Management Standardization ◦ ISO 55000 released 2014
◦ Asset policies, objectives, and strategies
Reliability Tools ◦ FMEA, FTA, RBD, etc.
◦ Data collection and analysis
Communication ◦ Visual Dashboards
Real-Time (or near Real-Time)
◦ Field instrumentation
◦ Building in diagnostic capabilities
2015 Reliability & Maintenance Conference Page 5
ISO 55000 series of standards released in 2014
Benefits of an Asset Management System ◦ Improved regulatory compliance
◦ Sustainable culture change
◦ Capital project avoidance
◦ Reduced material cost
◦ Reduced labor costs
◦ Increased availability
◦ Reduced injuries
Allows for structured,
traceable continuous
improvement
2015 Reliability & Maintenance Conference Page 6
Business Case Create / Acquire Operate / Maintain Replace / Dispose
Page 7 2015 Reliability & Maintenance Conference
Consider using streamlined reliability tools during all asset life cycle phases (and as early as possible) to optimize value!
2015 Reliability & Maintenance Conference Page 8
Dashboards can transform data into visually rich charts and
graphs, providing insight to make quick and informed plant-wide
or fleet-wide decisions
Visibility at all Levels
◦ Executives
◦ Managers
◦ Operators
◦ Technicians
Access to data and easily communicated
Dashboards can help users to identify trends, sort out issues,
and measure the impact of their maintenance actions
Real-time analytics and reporting of plant
health can provide management with answers regarding assets
in complex systems
2015 Reliability & Maintenance Conference Page 9
The goal of R&M transparency is to encourage
positive collaboration over an asset’s life cycle
– and to have the best possible roadmap.
Building trust, visibility and transparency in an
R&M organization must be done not only with
stakeholders vertically and horizontally but also
externally.
2015 Reliability & Maintenance Conference Page 10
How is reliability and maintainability considered
early in the design phases within your
organization?
Do you think R&M transparency and visibility is
achievable in your organization? What are
some of the roadblocks?
Others?
2015 Reliability & Maintenance Conference Page 11
Troy Schwartz, PE, CMRP, CRE, CSP
Principal Engineer
Life Cycle Engineering, Houston, TX
linkedin: www.linkedin.com/in/troyschwartz
e-mail: tschwartz@LCE.com
www.LCE.com
Thank you!
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