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2003 – An Asset Planning System for the Energy and Water Business

N.M. Nielsen and L.Casey

An energy and water company spends $8 million on maintenance each year. This work is defined and scheduled through a maintenance management system, part of an enterprise solution that cost the company over $2 million for licence fees, management consulting and installation.

The company has an ageing asset base and has been spending $18 million annually on capital improvements. The work activities are selected to meet safety requirements, enhance reliability, improve plant and upgrade customer service, and are defined, prioritised and scheduled on Word and Excel, which are standard applications on the desks of the company’s engineers and accountants.

This company is a composite (typical) of many in the energy and water business.

The most significant business decisions that owners usually have to make are capital spending commitments to modernise energy and water assets. To be successful, strategies have to be devised to meet the overall strategic objectives of the business, and processes adopted based on a fully functional and integrated asset planning system.

‘Aptus’ is a web-based planning application built specifically for asset intensive businesses. It enables a consistent analytical framework using engineering knowledge and the dam owner’s financial criteria, to provide new perspectives and support strategic planning and decision making with triple bottom line reporting. Aptus is a proven resource to maximize the value of the asset portfolio and sustain the business into the future.

$15.00

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