Asset Performance Assessment
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
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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
- Quality/Customer Satisfaction
- Other Risks
- Resource Management
- Operational Practices
- Maintenance and Inspection
- Documentation and Data Management
- Process Control
- New Projects and Management of Change