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Asset Design and Maintenance

   

Added on  2023-06-11

16 Pages753 Words407 Views
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Asset Design and
Maintenance
Name
Institution
Asset Design and Maintenance_1

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
Asset Design and Maintenance_2

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.
Asset Design and Maintenance_3

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
Asset Design and Maintenance_4

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