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Deliver service levels. Manage cost and risk.

Improve performance across your asset base.

Service and asset availability, cost, efficiency, safety and environmental impact are all key drivers to ensure the successful provision of power and water. One of the biggest controllable variables in delivering performance is equipment availability and capacity. The challenge is to determine and deliver the best balance of risk, cost and performance from all assets.

 

Are you experiencing any of these problems?

  • Escalating or unpredictable asset management costs
  • Lower capital yet increasing service level requirements
  • Requirement to more rigorously justify asset strategies
  • Unknown levels of major failure risk
  • Unplanned service outages

We specialize in supporting regulatory submissions through to system availability optimization, and maintenance strategy review and development. Our solution based approach will help you overcome your challenges and ensure your reliability improvement initiatives to be aligned, and delivering against, business performance goals.

How ARMS Reliability Helps

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Build Reliability into Design

RAMS studies conducted in the early phases of the Front-end Engineering Design (FEED) process enables you to verify design decisions, including redundancy levels and equipment type selection, identify critical reliability issues, and assess the impact of maintenance outages on production availability and capacity.

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Improve Performance

Ensure optimal whole of life asset strategies are deployed to all your assets, identify bottlenecks, assess shutdown intervals and establish how to extend them.

Forecast expected levels of system availability and production levels, and cost / resource requirements to maintain equipment, as well as high risk areas and items.

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Manage Risk

Identify areas of risk proactively by developing insight into the disparity between what’s getting executed and approved asset strategies. Assess risk of high severity, low likelihood events and determine appropriate mitigation strategies.

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Reduce Costs

Determine asset strategies yielding the best balance of risk, cost and performance to ensure delivery of corporate objectives at minimal costs. Implement an ongoing cost, risk and performance management process.

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Increase Productivity

Utilize a structured equipment knowledge base and corporate endorsed master data standards to ensure similar equipment and maintenance activities are managed from one source to eliminate duplication, confusion, and inconsistent performance.

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The solution - delivered by ARMS Reliability - supports our business as it is designed specifically for the complexity found in asset management. It is particularly useful because it can handle the high volume of assets we manage.

Other stand-out features include its ability to provide a long-term strategic view of investment needs; its ability to optimise investment portfolios to multiple constraints; and to model multiple alternatives for each investment and the risks in our asset base.

Adam Causley, Manager Network Strategy & Risk
Essential Energy