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!