Asset Performance Technologies, Inc. (APT) approach is firmly founded on Reliability Centered Maintenance (RCM) principles, but benefits from the greater analysis efficiency of PM Template methods developed over a 20 year period by the US Nuclear Power Industry.
APT has developed the world’s most extensive Asset Strategy Library (ASL) of reliability and preventive maintenance (PM) information documenting failure modes and effects (FEMA) and lessons learned for over 700 equipment types. The ASL is used extensively in the Electric Power, Oil and Gas, Mining, heavy Manufacturing, and other industries.
Using content from the ASL, APT’s exclusive software solution, Preventance, analyzes PM plans to the task and interval level, based on the equipment type, its functional importance, and operating context. Preventance leverages the information in the ASL along with user economic inputs to aid in determining the most cost effective maintenance strategy for any given component.
APT can provide training on the use of Preventance and development of maintenance strategies using Value Based Maintenance principals to deliver required reliability for the least cost.
Analysis of current performance and recommendations for new, cost effective, maintenance strategies.
APT’s experts can also work with your team to imbed value based principals into your existing processes, ensuring sustainability.
Development of new equipment types as needed, which then allows for a thorough value based analysis.
|Determine consequence of failure based on functional impact only||Determine consequences of failure based on total consequences and cost of equipment failure|
|Determine cost savings based on PM reductions only||Determine cost saving based on the total impact of the maintenance strategy|
|Apply blanketed maintenances strategies across component groups based on criticality, duty, and service only||Develop component strategies based on the cost benefit analysis for individual components or groups of components|
|Develop maintenance strategies based on recommended template frequencies or comparison to industry practices||Develop maintenance strategies by understanding the applicable degradation mechanisms and the strategies ability to mitigate them for the least cost|
|Assume non functionally important can be run to failure as a means to reduce cost||Preform a cost benefit analysis to ensure running a piece of equipment to failure is the most cost effective strategy|
|Focus mainly on non-critical components for cost reductions||Understand that critical component strategies can be optimized to reduce costs while still maintaining high required levels of reliability|
|Perform analysis to understand actual cause of component performance issues and develop strategies to specifically mitigate those issues|
|Develop effectiveness indicators to monitor the effectiveness of changes|
How can I access the ASL? The ASL is the technical basis for APT’s maintenance optimization tools at Preventance.com. It is also available in the GE Digital APM and Bentley APM products.