inspection services

Asset Performance Assessment

The purpose of APA is to first identify the areas of greatest need for a client to best apply their resources. The need would be directly related to the purpose and function of the facility with overall productivity improvement the goal. The APA process would evaluate present levels of performance, compare the performance to best practices or client specific performance criteria, develop a plan for moving forward to achieve expected targets, and finally recommend the best actions in each area of need to achieve a step-change performance improvement. The recommended actions would include a cost-benefit analysis and expected results.

APA is a systematic process to evaluate or assess present levels of overall asset performance within a company and compares the performance to a best practice or client specific performance criteria develop a plan for moving forward to achieve expected targets, and finally recommend the best actions in each area of need to achieve a step-change performance improvement.

    APA Project Deliverables
  • The main deliverable of an APA project is a report presenting:
    • System description, overall function, operating parameters and constraints
    • Performance assessment in up to 12 specific areas of asset management and operation
    • Ranking of performance against industry standards and best practices
    • Identification of needs to achieve Performance improvements
    • Recommendations on how best to apply resources in areas of greatest need
    • Estimate of costs and expected benefits from implementing recommendations
    The exact form of the deliverables may vary from one project to another and will be clearly defined in the contract documents.
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    Desired Outcome from an APA Project
  • The following are the desirable outcomes that should strive to deliver to the client when conducting an APA project:
    • A well prepared and structured report which is understood by the client
    • A clearly defined list of activities that will lead to asset performance improvement
    • A prioritization of activities based on cost-benefit estimates
    • A detailed plan to carryout and implement performance improvement activities
    • A firm commitment to assist the client throughout the implementation
    • A strong client relationship as the service provider of choice for risk and asset management
    Project Activities Overview
  • Overviews of the main possible tasks relevant in APA Project are shown below. Each line is covered in detail in subsequent sections. Each section has a description of the task and subtasks with the associated responsibilities followed by specific guidelines on the execution of each task.
    • System Selection and Description
    • Business Overview - Market, Revenues, Costs
    • Availability
    • Safety
    • Environmental
    • Quality/Customer Satisfaction
    • Other Risks
    • Resource Management
    • Operational Practices
    • Maintenance and Inspection
    • Documentation and Data Management
    • Process Control
    • New Projects and Management of Change