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ShipShape® - Capability by Design ShipShape™ A Totally Risk Based Approach to Asset Management.

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Presentation on theme: "ShipShape® - Capability by Design ShipShape™ A Totally Risk Based Approach to Asset Management."— Presentation transcript:

1 ShipShape® - Capability by Design ShipShape™ A Totally Risk Based Approach to Asset Management

2 ShipShape® - Capability by Design Agenda: Background Background What is it? What is it? What will it do? What will it do? What makes ShipShape ® different? What makes ShipShape ® different? What are the business benefits? What are the business benefits? Questions Questions ShipShape®

3 ShipShape® - Capability by Design Continuation of Risk Based Maintenance Analysis work for client Continuation of Risk Based Maintenance Analysis work for client Asked by client to find a way to identify the production, safety and environment risks from: Asked by client to find a way to identify the production, safety and environment risks from: Deferral/cancellation of a maintenance task Deferral/cancellation of a maintenance task Deferral/cancellation of shut down maintenance periods Deferral/cancellation of shut down maintenance periods Changes to shut down maintenance budget Changes to shut down maintenance budget Changes to annual maintenance budget Changes to annual maintenance budget Changes to production/operation plan Changes to production/operation plan Measure health of assets through life Measure health of assets through life Background of ShipShape®

4 ShipShape® - Capability by Design To solve those problems - adopt a complete risk-based approach Where: The focus of asset management is the assurance of the required plant/asset performance The focus of asset management is the assurance of the required plant/asset performance Asset management costs are wholly related to: Asset management costs are wholly related to: The required level of assurance; and The required level of assurance; and The asset performance requirements The asset performance requirements A (PDCA) continuous improvement cycle for asset maintenance is adopted A (PDCA) continuous improvement cycle for asset maintenance is adopted

5 ShipShape® - Capability by Design A computer based tool that: Applies the concept of a totally risk based asset management approach Applies the concept of a totally risk based asset management approach Uses innovative analytical techniques and the latest risk based algorithms Uses innovative analytical techniques and the latest risk based algorithms Fully integrates all risk types (production, safety and environment) Fully integrates all risk types (production, safety and environment) Fully integrates most technical decision tools Fully integrates most technical decision tools What is ShipShape®

6 ShipShape® - Capability by Design Why is ShipShape® different? Enables business (not just asset managers) to identify: The most appropriate maintenance plan for the business (balance profit and risk) The most appropriate maintenance plan for the business (balance profit and risk) Changes in profit and risk profiles associated with differing maintenance plans Changes in profit and risk profiles associated with differing maintenance plans Changes in profit and risk profiles associated with differing production plans Changes in profit and risk profiles associated with differing production plans

7 ShipShape® - Capability by Design ShipShape® - What does it do? Automatically determines the asset management plan for max profit Automatically determines the asset management plan for max profit Measures and graphs plant health Measures and graphs plant health Automatically graphs operational, safety and environmental risks Automatically graphs operational, safety and environmental risks Fully integrates risk into all facets of asset management Fully integrates risk into all facets of asset management Determines risk profile from changed: Determines risk profile from changed: Maintenance dates Maintenance budgets Production requirements Safety requirements Enables continuous improvement in asset management Enables continuous improvement in asset management

8 ShipShape® - Capability by Design Automatic develops the maintenance plan!

9 ShipShape® - Capability by Design Measures and graphs plant, system and equipment health

10 ShipShape® - Capability by Design Identifies the maintenance plan for maximum profit!! Max Profit

11 ShipShape® - Capability by Design Use ShipShape® to: Identify the asset management plan that gives maximum profit (at a known risk level) Identify the asset management plan that gives maximum profit (at a known risk level) Develop the asset management plan that delivers the desired risk and profit Develop the asset management plan that delivers the desired risk and profit Identify the sensitivity of risk to profitability (an extra 5% risk will give 20% more profit!) Identify the sensitivity of risk to profitability (an extra 5% risk will give 20% more profit!) What are the business benefits?

12 ShipShape® - Capability by Design ShipShape® Capability by Design Telephone: Mobile: How to make asset management a key business Boardroom tool!


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