Life Cycle Excellence offers diagnostic services that are both scalable and customizable. Our clients rely on assessments for benchmarking financial performance as well as performance against proven best practices. Assessments commonly precede holistic, transformational initiatives while also serving as an information platform for building a ROI-based business case. They can also be used to determine root cause for specific underperforming areas or processes.
Our diagnostic tools include:
Asset management capabilities assessment - A comprehensive diagnostic tool for understanding the foundation of your asset management system. The on-line tool assesses the effectiveness of more than 80 key processes across nine knowledge domains and integrates the key requirements of the ISO 55000 Asset Management standard.
Reliability Excellence (Rx) assessment - The diagnostic is built off of our proprietary, holistic 29-element Rx model. The assessment scores 29 performance centers linked to Principles, Culture, Processes, Optimization and Sustainability. A calculated score rates the organization on a reactive to proactive scale. We have conducted more than 300 Rx assessments and maintain an extensive experience base for applying this model.
Tactical workstream assessments - Our flexible and scalable workstream assessments can be customized to client-specific needs. Our assessments cover these areas:
- ISO 55000 / Asset Management
- Industry 4.0 Readiness
- Leadership and Strategy
- Organizational Change Management
- Capital Delivery / Design for Reliability
- Operational Risk (evaluating risks to operational readiness for new plants and facilities)
- Reliability Engineering
- Operator-Driven Reliability
- Work Management
- Materials Management (MRO)
- Shutdowns, Turnarounds and Outages
- CMMS - SAP
- Facility Condition
- Financial Performance Benchmark