LCE’s Asset Management System Implementation Framework
To explain how asset management systems work, LCE has developed an implementation framework model that helps companies visualize the intersection of their business processes.
The Asset Management System Framework incorporates the key features of the ISO 55000 Asset Management standard. These include a demonstrated link between a company’s overall leadership and strategic planning and the resulting asset management policy, strategy, and objectives; and the ability to define how the system works. The competency and proficiency of an asset management system is largely defined through the effectiveness of the asset management capabilities. It is here where the processes, procedures and knowledge are defined and applied across all stages of the asset lifecycle.
In these nine workstreams, LCE helps you develop the processes, procedures and knowledge required to manage the asset life cycle.
Actions and processes required to create asset management policy, strategy and objectives.
Processes for improving the total cost of ownership while optimizing the value the assets produce.
Processes for deploying capital and delivering assets, optimizing cost of ownership across the life cycle.
Best practices for planning and scheduling that lower costs and improve productivity.
MRO and storeroom best practices that yield lower maintenance costs and improved productivity.
Processes for optimizing the value of assets by focusing on the development of standard work.
Best practices for managing shutdowns, turnarounds and outages.