Asset Design and Maintenance

This presentation discusses the concept of asset design and maintenance, its importance, key areas, processes involved, and determinants of success. It also covers prior knowledge requirements and design criteria. The success of an asset design and maintenance process is based on the process, data and information, qualified personnel, and the right technology.

Asset Design and
Maintenance
Name
Institution

Scope of the Presentation
In addressing the concept of asset design and
maintenance, focus will be given to;
 Introduction of the concept
 Importance of asset design and maintenance
(ADM)
 Key areas of ADM
 Prior knowledge requirements and process
involved
 Design criteria and determinants of success
 Conclusion and recommendation

Introduction
In the aspect of asset design and
maintenance (ADM)have definition changes
Definition: is a continuous improvement
strategy process of systems, processes,
facilities, and equipment (Dwight, & Zhang,
2014).
Aim: improving the safety, reliability,
availability, and longevity of a physical asset.

Importance of ADM
Like any other constructions process, asset
design and management is essential in;
 Knowing the assets an organization owns for
proper monitoring and maintenance
 Evaluating the design criteria and the conditions
of their operation
 Developing the asset programs and maintenance
care to ensure reliable performance of each asset
Importance: these activities help in cost
optimization in the asset operation

Key areas of ADM
The implementation and
design of the overall
asset process is based
on four main areas
 Strategy and reliability
improvement
 Reliability planning and
maintenance
 Control and execution
 Monitoring and
improvement

Maintaining a Hotel Facility
This success of the above process based on;
 performance
 capacity of the assets
 Performance reliability
 Product quality based on the functionality of
the asset
 Understanding of the cost and associated
risks

Prior Knowledge Requirements
To achieve an effective process of ADM, an
individual requires knowledge on;
- The current state of the assets (Dwight, &
Zhang, 2014).
 Model development in target
 The business case calculation of the assets
 The implementation and sustenance changes

Processes Involved

Cont..
The effectiveness of the above process
requires the organization to;
 Prioritize capital assets on the basis of the
strategic objectives
 Forecast asset replacement, expansion, or
renewal
 Funding requirements for the maintenance

Cont.….
Benefits of continued
maintenance of the
design;
 Better engineering design
levels can be achieved
 Creation of high
reliability components
 Elimination of failures
 Evaluation of powerful
methodology for failure
cause removal and defect
elimination

Determinants of Success
The successful execution of asset design and
maintenance depends on;
- Timely execution
- Thorough planning and analysis
 Adoption of most effective data-driven
decision-making
 Optimum delivery (Gilmore, 2009)

Design Criteria
Organizations are pushed
beyond their asset design
capacity due to;
 Increased customer
demands
 Modification and diversity
 Technological
advancement and
adoption
 Stiff competition and
increased customer
preferences

Conclusion
The success of an asset design and
maintenance process is based on the process,
data and information, qualified personnel,
and the right technology
An effective Design and maintenance of an
asset should bring together the above factors

Recommendation
Achieving an effective ADM process requires;
 Adoption of an effective organizational
structure (Lorusso & Colizzi, 2017)
 Qualified staff with clear responsibilities and
roles (Pietri, 2017)
 Using the right technology
 Timely execution of the maintenance process.

References
Dwight, R., & Zhang, T. (2014). Managing maintenance resources
for better asset utilisation. Australian Journal Of Multi-
Disciplinary Engineering, 11(2), 123-134.
Feng, L. (2018). Parental perceptions toward and practices of
heritage language maintenance: Focusing on the United States
and Canada. International Journal Of Language Studies, 12(2), 65-
86.
Gilmore, S. (2009). The Importance of Asset Maximisation in
Football: Towards the Long-Term Gestation and Maintenance of
Sustained High Performance. International Journal Of Sports
Science & Coaching, 4(4), 465-478.
Lorusso, S. s., & Colizzi, L. l. (2017). DESIGN BETWEEN ART,
TECHNOLOGY AND SCIENCE. Conservation Science In Cultural
Heritage / Quaderni Di Scienza Della Conservazione, 17211-221.

Cont.
KPMG (2011). Asset Maintenance and
Reliability. Retrieved from
https://home.kpmg.com/ru/en/home/services/
advisory/risk-consulting/sustainability/sustain
able-operations/asset-maintenance-and-reliabi
lity.html
Pietri, A. (2017). The Science of Maintenance
will Revolutionized Asset Management.
https://www.aspentech.com/en/blog/blog/Scie
nce_of_Maintenance