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Running an Effective Data Cleansing Project - Flipbook

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<strong>Running</strong> <strong>an</strong><br />

<strong>Effective</strong><br />

<strong>Data</strong> Cle<strong>an</strong>sing <strong>Project</strong>


The Effects of Bad <strong>Data</strong><br />

on your Org<strong>an</strong>ization<br />

Drastically<br />

increased<br />

mainten<strong>an</strong>ce<br />

costs<br />

Critical &<br />

unexpected<br />

downtime<br />

Decreased<br />

mainten<strong>an</strong>ce<br />

productivity<br />

Exposure to<br />

EH&S risks<br />

Parts overages<br />

Time lost<br />

searching for<br />

information<br />

Let's look at 5 best practices for fixing bad data


Prioritize <strong>Data</strong><br />

What Should be Fixed First?<br />

You c<strong>an</strong>not fix everything all at once: focus on problems that have the largest<br />

impact on revenue <strong>an</strong>d expenses<br />

Solving problems that increase production achieves the greatest ROI<br />

Continuously test your results after syncing back into your EAM to measure ROI<br />

Evaluate which subsystems provides the greatest ROI<br />

Reuse work across other similar subsystems


Measure<br />

Progress<br />

Design 10-15 key KPIs around master data completeness,<br />

accuracy <strong>an</strong>d suitability in accord<strong>an</strong>ce with achieving your<br />

desired objectives<br />

Use a staging solution where you c<strong>an</strong> easily visualize data<br />

completeness through intuitive dashboards <strong>an</strong>d reports that c<strong>an</strong><br />

be configured around specific metrics <strong>an</strong>d KPIs


Adopt <strong>an</strong>d Set<br />

St<strong>an</strong>dards<br />

St<strong>an</strong>dards should be properly documented <strong>an</strong>d readily available<br />

M<strong>an</strong>age data in a solution that includes <strong>an</strong> approval process to ensure all<br />

stakeholders are well informed <strong>an</strong>d able to comment on proposed ch<strong>an</strong>ges<br />

Use a solution that comes with out-of-the-box features such as reporting, KPIs,<br />

<strong>an</strong>d ISO 14224 compli<strong>an</strong>ce libraries


Oversee<br />

the <strong>Project</strong><br />

Use a staging area that allows you to easily<br />

find, search, filter, <strong>an</strong>d visualize your data<br />

Permit a wide r<strong>an</strong>ge of stakeholders to view,<br />

comment on, <strong>an</strong>d approve work-in-progress<br />

If staffing projects with external engineering<br />

contractors, ensure the work is being done in<br />

the most efficient <strong>an</strong>d effective way possible<br />

Use a solution that allows you to oversee <strong>an</strong>d<br />

provide feedback to external contractors


Leverage Existing<br />

Legacy <strong>Data</strong><br />

When Replacing a Legacy EAM system:<br />

Use a solution that allows you to load legacy<br />

data <strong>an</strong>d create new sites mapped to your new<br />

EAM<br />

Reuse legacy data when appropriate<br />

Use a solution that c<strong>an</strong> automate the parsing<br />

<strong>an</strong>d creation of multiple fields, <strong>an</strong>d allow you to<br />

easily drag/drop <strong>an</strong>d copy/paste data to save<br />

signific<strong>an</strong>t <strong>an</strong>d costly third-party contractor time


Additional Ways to<br />

Work Efficiently<br />

Avoid doing low-value tasks entirely<br />

Reuse existing high-quality master data<br />

Use a solution that will allow you to st<strong>an</strong>dardize data<br />

<strong>an</strong>d ensure consistent best practices across multiple<br />

assets<br />

Use <strong>an</strong> automated solution to avoid retyping,<br />

copying <strong>an</strong>d pasting <strong>an</strong>d checking referential<br />

integrity m<strong>an</strong>ually


Reasons Why You Should Use<br />

NRX AssetHub for <strong>Data</strong> Cle<strong>an</strong>sing<br />

Easily prioritize data based on maximizing ROI<br />

<strong>Effective</strong>ly measure progress. View data completeness results<br />

through intuitive dashboards, pie charts <strong>an</strong>d summary tables.<br />

Configure dashboards <strong>an</strong>d reports around your comp<strong>an</strong>y KPIs <strong>an</strong>d<br />

metrics<br />

Leverage out-of-the-box features including reporting, KPIs, <strong>an</strong>d<br />

st<strong>an</strong>dards compli<strong>an</strong>ce<br />

Easily find, search, filter, <strong>an</strong>d visualize your data<br />

Easily load <strong>an</strong>d reuse legacy data, make bulk ch<strong>an</strong>ges, <strong>an</strong>d<br />

automate the parsing <strong>an</strong>d creation of multiple fields


We help you get your EAM<br />

data right.<br />

To learn more, click here!

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