SKF Reliability Systems - Library

Vol 23 No 3 AMMJ 27
What Is Asset Management
Training and development.
“We never get enough training!”, “How can we do what you want when we haven’t been trained?” Do these
comments sound familiar? Training must be based on needs of the business and competencies have to be
assessed in real situations, and reassessed within regularly time frames to ensure the skill is not lost. For
Example - all electricians will be trained in brand X PLC programming and software. How many really need to
be programmers. What they most likely need is the training around using the software for diagnostics. This is
a skill they are likely to use regularly. Complete a skills gap analysis and understand your requirements, then
ensure there is enough money in the budget followed by effective timing scheduling of the training.
In all there are almost 40 elements briefly described above, all of which have significant importance that will
be at different levels for individual businesses. It is highly unlikely that all of these elements need immediate
attention so the trick is to understand where the biggest bang for your buck lies.
Selecting the Eight Most Critical Elements.
To improve your performance in asset management all of the above elements will need some attention,
however with nearly 40 elements, not all can be addressed at once. Using the 80/20 rule will highlight the Eight
elements that are the most critical for your business. The selection process should be based was based on the
lowest scoring elements that would give the greatest benefit if they were focussed on and improved. Identifying
areas of improvement is acknowledging your current reality is the first step in improving your physical asset
management.
References:
Asset Maintenance Council Website. “Definition of asset management”
http://www.amcouncil.com.au/wiki/index.php/Asset_Management Viewed 1/08/09
PAS 55-1:2004. “Asset Management. Part 1: Specification dor the optimized management of physical
infrastructure assets. British Standards Institution
Van Dullemen, R, Comment on, “Preview survey results from the eight critical elements of asset management”.
Reliabilityweb. Viewed 9-8-2009.
http://reliabilityweb.com/index.php/articles/preview_survey_results_from_the_eight_critical_elements_of_
asset_management/
Engineers Without Borders Australia
Engineers Without Borders Australia works with disadvantaged
communities to improve their quality of life through education
and the implementation of sustainable engineering projects.
To achieve our vision, we need your support.
EWB invites all Australians to join EWB and help us to work with communities,
companies, organisations, and international bodies, to secure a more just future for
all global citizens.
EWB relies on the support of members, other organisations, engineering
companies and the Australian public. It is through the support of our donors,
partners and volunteers that we can achieve our goals.
engineers
Water & sanitation education, Cambodia
without borders
“Partnerships built on respect create an environment where all parties have positive experiences.
Please visit www.ewb.org.au to find out how you can get involved or to make a
donation.
The learning and sharing of knowledge whether it is cultural, historical or skills based requires
commitment, accountability, responsibility and flexibility from all of the people involved. Already
this formal agreement with EWB, is proving that Aboriginal and non Aboriginal people in a
climate of change, can make a difference.”
Cheryl Buchanan, KTOAI Chairperson & EWB Community Partner
engineers
without borders
AUSTRALIA
engineering a better world
Construction of an amenities block, Australia
AUSTRALIA
Renewable energy, rural Nepal
PO Box 79, Elsternwick, Victoria, 3185 | P: +61 (0)3 9696 9040 | E: info@ewb.org.au | W: www.ewb.org.au