DocumentCode :
1674072
Title :
Start as you mean to go on: Gaining PAS-55 certification and embedding it in the organisation 2011
Author :
Michie, D. ; Mundy, T.
Author_Institution :
PricewaterhouseCoopers, London, UK
fYear :
2011
Firstpage :
1
Lastpage :
5
Abstract :
This paper provides a range of examples that can be used to support utilities prepare and engage with the requirements around PAS-55. The perceived benefits of PAS-55 are increasingly acknowledged to facilitate better decision- making and execution for all operations supporting the delivery of optimum life and/or capacity of assets, optimising capital expenditure and reducing whole life asset costs. We explore the aspirations behind the desire for asset management system alignment to PAS 55, beyond simply a management objective, to a desire to be best in class and the tangible benefits that accrue whilst on the journey. We include examples from organisations looking to gain PAS-55 certification, and their progression through the transitional phase, highlighting the re-alignment of process and culture as well as the organisational aspects necessary to deliver best value from implementation of a PAS-55 based system. The paper identifies the cultural shift as perhaps the most difficult and lengthy aspect of the transitional processes to embed, but nevertheless successful implementation holds the key to the realisation of greatest value from the process.
Keywords :
asset management; certification; cost reduction; decision making; life cycle costing; management of change; organisational aspects; PAS-55 certification; asset capacity; asset management system alignment; capital expenditures; decision making; organisational aspects; organisational cultural shift; organisational transitional processes; tangible benefits; whole life asset cost reduction; Asset management; PAS-55; organisational change;
fLanguage :
English
Publisher :
iet
Conference_Titel :
Asset Management Conference 2011, IET and IAM
Conference_Location :
London
Type :
conf
DOI :
10.1049/cp.2011.0545
Filename :
6178318
Link To Document :
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