Meridium APM Asset Strategy

32 Pages·2017·0.58 MB·English

by  Meridium, Inc.

MeridiumAPMAssetStrategy
Meridium APM Asset Strategy
3.6.1.4.0
Confidential and ProprietaryInformationof Meridium, Inc. • Page1of32
CopyrightandLegal
Meridium APM AssetStrategy
3.6.1.4.0
Copyright©Meridium, Inc. 2017
All rightsreserved. Printed in the U.S.A.
Thissoftware/documentationcontainsproprietary informationof Meridium, Inc.; itis
provided under alicense agreementcontainingrestrictionson use and disclosure. All
rightsincludingreproductionby photographicor electronic processand translation
into other languagesof thismaterial are fully reserved under copyrightlaws. Repro-
ductionor use of thismaterial in whole or in partin any manner withoutwrittenper-
missionfrom Meridium, Inc. is strictly prohibited.
Meridium is aregistered trademark of Meridium, Inc.
All trade namesreferenced are the service mark, trademark or registered trademark
of the respective manufacturer.
Confidential and ProprietaryInformationof Meridium, Inc. • Page2of32
AboutThisDocument
About This Document
Thisfileis provided so thatyou can easilyprintthissectionof theMeridium APMHelp
system.
You should, however, use the Help system instead of aprinted document. Thisis
becausetheHelp system provideshyperlinksthatwill assistyou in easilylocatingthe
related instructionsthatyou need. Such linksarenotavailablein aprintdocument
format.
TheMeridium APMHelp system can beaccessed withinMeridium APMitself or viathe
Meridium APMDocumentationWebsite(https://www.me-
ridium.com/documentation/WebHelp/WebHelpMaster.htm).
Note: If you do nothaveaccessto theMeridium APMDocumentationWebsite, con-
tactMeridium Global SupportServices.
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TableofContents
Table of Contents
Meridium APM AssetStrategy 1
Copyrightand Legal 2
AboutThisDocument 3
Table of Contents 4
Aboutthe AssetStrategy Work Process 5
AssetStrategy System Requirements 8
First-Time DeploymentWorkflow 9
Upgrade Workflow 10
AssetStrategy User Instructions 11
Accessingthe AssetStrategy Dashboard 12
Aspectsof the AssetStrategy Dashboard 13
ContentFilter 15
Total Unplanned Maintenance Costs 18
Evaluate Risk and Performance 20
Mitigate Risk & Optimize ActionPlan 21
Communicate, Implement, and Execute Plan 23
Criticality Distribution 25
AssetStrategy Workflows 26
HiddenSections 27
Aboutthe AssetStrategy CatalogFolder Structure 28
DashboardsFolder 29
Dashboard QueriesFolder 30
Criticality DefinitionsFolder 32
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AbouttheAssetStrategyWorkProcess
About the Asset Strategy Work Process
TheAssetStrategyWorkProcessis focused on proactiveassetmanagementplansthat
aredesigned for thepurposeof mitigatingrisks. TheAssetStrategyWork Processcon-
sistsof thestepsthatareoutlined in thefollowingtable.
Step Description Details
1 Evaluateassetrisk and Allowsyou to:
performance.
Identifyand qualifyunmitigated risks.
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Definehowyour currentmaintenanceplans
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mitigaterisks.
Identifygapsin mitigation.
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Defineregulatoryactions.
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2 Mitigateriskswith an Allowsyou to assessand documentwhatis currently
actionplan. beingdoneto mitigaterisk as well as identifyaddi-
tional actionsto mitigaterisk.
3 Optimizemitigations. Allowsyou to reviewyour currentmitigationplan to:
Identifyactionsthathaveno currentvalueto
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seeif theycan beremoved or replaced.
Identifylessintrusiveactionsthatsupersede
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other, moreintrusiveactions.
Documentareasthatneed improving.
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Documentyour decisionprocess.
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Reviewtheimpactof thenewstrategyon risk
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and cost, compared to theoriginal strategy.
4 Communicatean Allowsyou to communicatethefollowinginform-
improved plan. ation thatwasdocumented in previousstepsof the
work process:
Theupdated strategyprofile.
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Whatchanged from theoriginal strategy.
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Whytheupdated strategywasselected.
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Thereturnon investmentvalue.
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Therisk reductionnumbers.
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AbouttheAssetStrategyWorkProcess
Step Description Details
5 Implementthe Allowsyou to implementthenewstrategyinto your
Strategy. work managementsystem. Specifically, duringthis
step, you will wantto implement:
Recommendationsthatwereidentified.
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Processesto measuretheeffectivenessof the
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strategy.
Documentthedecision-makingprocessbehind
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thenewstrategy.
Aprocessfor obtainingand communicating
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feedback from theworkforcein thefield.
6 ExecutetheStrategy. Allowsyou to executethework viayour organ-
ization'swork managementsystem and currentpro-
cesses. Specifically, duringthisstep, you will wantto:
Ensurethework is beingdocumented.
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Ensuretheworkforceunderstandsthevaluein
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executingtheplan.
Reviewwork historyto maintainand ensure
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regulationcompliance.
Thefollowingimageshowsan illustrationof howthestepsin theAssetStrategyWork
Processrelateto oneanother. Each step in thework processis represented byagreen
circle. In addition, you can seethattheentirework processis builtupon theAPMFound-
ation Work Process, whosecomponentsarerepresented bytheblueboxes.
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AbouttheAssetStrategyWorkProcess
WithintheMeridium APMproduct, each of thestepslisted abovecan beaccomplished
usingoneor moreof thefollowingmodules:
AssetStrategyManagement(ASM)
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AssetStrategyImplementation(ASI)
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AssetStrategyOptimization(ASO)
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ReliabilityCentered Maintenance(RCM)and FailureModesand EffectsAnalysis
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(FMEA)
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AssetStrategySystemRequirements
Asset Strategy System Requirements
Multiplelicensesarerequired to takeadvantageof AssetStrategyfunctionality. In addi-
tion to thefollowinglicenses, your system mustcontainthebasic Meridium APMsystem
architecture:
AssetStrategyManagement(ASM)
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AssetStrategyImplementation(ASI)
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AssetStrategyOptimization(ASO)
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ReliabilityCentered Maintenance(RCM)and FailureModesand EffectsAnalysis
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(FMEA)
After you haveconfigured thebasic system architectureand licensed AssetStrategymod-
ules, you will need to perform someconfigurationsteps.
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First-TimeDeploymentWorkflow
First-Time Deployment Workflow
DeployingtheAssetStrategyWork Processfor thefirsttimeincludescompleted mul-
tiplesteps, which areoutlined in thetablein thistopic.Allof thestepsarerequired to
fullyimplementtheAssetStrategyWork Process. Thesestepsprovideall of theinform-
ation thatyou need to deployAssetStrategywith thebasic Meridium APMsystem archi-
tecture.
Step Task
1 ConfiguretheAssetStrategyManagementmodule.
2 ConfiguretheAssetStrategyImplementationmodule.
3 ConfiguretheAssetStrategyOptimizationmodule.
4 Configureoneof thefollowingmodules:
ReliabilityCentered Maintenance
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FailureModesand EffectsAnalysis
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UpgradeWorkflow
Upgrade Workflow
You can upgradeto 3.6.1.4.0usingtheinstructionsthatareprovided in theInstallation,
Upgrade, and Configurationdocumentationfor each AssetStrategymodule:
AssetStrategyManagement
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AssetStrategyImplementation
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AssetStrategyOptimization
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ReliabilityCentered Maintenance
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FailureModesand EffectsAnalysis
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