Asset performance management leverages cross-functional data from enterprise asset management and other related applications to enable organizations effectively manage their assets, processes and people.
Asset performance management includes:
Manage Goals & Targets
• Increase Reliability & Availability of asset
• Optimize Asset Performance
• Reduce TCO
• Increase RONA
Monitor Strategies
• Create awareness & culture of RCM
• Leverage Asset related data efficiently
• Increase visibility of corporate goals & performance
• Built corporate culture of decision making based on comprehensive data analysis & use data analysis as an additional management tool
Perform advance statistical analysis based on…
• Large no o assets & Verity of asset classes
• Large volume of asset related data from disparate sources
• Built reporting repository for asset data
• Create Reporting & analytics framework for APM
• Construct statistical analysis & forecasting models
Make Results Visible
• Benchmarking & performance monitoring matrices
• Subject matter scorecards & dashboards
• Alerts for timely action
• Escalate problems
• Broadcast information vis-à-vis corporate asset performance goals
• Deliver reports & analysis to everyone involved in asset management
