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Common Sense Asset Management Introduction Doble Engineering
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Erika Ferguson eferguson@doble.com
©2017 Doble Engineering Company. All Rights Reserved. 2
What is Asset Management?Why do we need Asset Management?
©2017 Doble Engineering Company. All Rights Reserved. 3
COMPANY wanted to be able to improve their overall investment strategy for HV assets to include transformers, breakers and batteries. To achieve this, they needed a asset management system that could prioritize maintenance and replacements in their fleet. COMPANY is progressive and well along in providing a sensor rich environment of online gas, moisture, bushing and operational performance sensors. COMPANY achieved a very high penetration of these sensors; the problem was that it became increasingly difficult to manage and track all the monitors and sensors. They needed a system that would bring together all their online data as well as their offline electrical test and inspection data in one place.
COMPANY was faced with a growing high tech industrial base with a need for highest reliability; increasing regulatory agency performance and reporting requirements for security of the grid; progressively more stringent requirements by their financial review boards to provide consistent justification methodology for capital and maintenance dollar investment. In addition – they needed a tool for their operations staff for the day to day work. Targeted expansion of online monitoring had begun and already there was stranded data, showing a clear need for a common platform to consolidate information for timely and consistent expert analysis.
©2017 Doble Engineering Company. All Rights Reserved. 4
ISO 55000 section 3.2.1 Asset: An item, thing or entity that has potential or actual value to an organization
ISO 55000 section 3.3.1 Asset management: Coordinated activities of an organization (to realize value from assets
IEC Strategic asset management of power networks, white paper Asset: A major item of electrical network equipment, such as a circuit breaker, overhead line, transformer or underground cable
What is Asset Management?
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What is Asset Management?
Non Critical Asset
Critical Asset
Reactive Asset Management Proactive Asset
Management
Many Few
Expensive High Impact
In-expensive Low Impact
©2017 Doble Engineering Company. All Rights Reserved.
Plan
Purchase
DeployOperate
Dispose
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What problem are you trying to solve?
Should I dispose or repair or refurbish? When?
What is happening to population, renewables, usage, budgets etc…? How do I best use the available budget? What about the aging workforce?
Who are the best vendors? What do I need?
Should I do some of the work, outsource? Are my customers impacted? How long time will it take?
What should my asset management approach be? What asset management system should I have? Do I really need one?
©2017 Doble Engineering Company. All Rights Reserved. 7
Which Standards govern Asset Management?Why do we need Standards?
©2017 Doble Engineering Company. All Rights Reserved. 8
ISO 55000 – Asset management - Overview, principles and terminology (11 pages) This International Standard provides an overview of asset management and asset management systems.
ISO 55001 – Asset management — Management systems — Requirements (20 pages) This International Standard specifies the requirements for the establishment, implementation, maintenance and improvement of a management system for asset management.
ISO 55002 – Asset management — Management systems — Guidelines for the application of ISO 55001 (38 pages) This International Standard provides guidance for the application of a management system for asset management, in accordance with the requirements of ISO 55001.
©2017 Doble Engineering Company. All Rights Reserved. 9
https://committee.iso.org/tc251
©2017 Doble Engineering Company. All Rights Reserved. 10
What should I do? ✓ Goto the web-site and explore
https://theiam.org/
©2017 Doble Engineering Company. All Rights Reserved.
CIM Support for Asset Health Information
Asset and its components
Nameplate
Model / Manufacturer
Test/Inspection/ Maintenance Results
Network model role
Measurements
CIM User Group has an Asset Health Focus Work Group to: ✓ Expand on templates ✓ Investigating support
for history ✓ Planning for inclusion
into IEC standards
©2017 Doble Engineering Company. All Rights Reserved. 12
Thank You for listening!
Erika Ferguson and the Doble Engineering Team eferguson@doble.com
www.doble.com
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