Meridium APM Asset Strategy PDF
Preview Meridium APM Asset Strategy
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. Confidential and ProprietaryInformationof Meridium, Inc. • Page3of32 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 Confidential and ProprietaryInformationof Meridium, Inc. • Page4of32 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. l Definehowyour currentmaintenanceplans l mitigaterisks. Identifygapsin mitigation. l Defineregulatoryactions. l 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 l seeif theycan beremoved or replaced. Identifylessintrusiveactionsthatsupersede l other, moreintrusiveactions. Documentareasthatneed improving. l Documentyour decisionprocess. l Reviewtheimpactof thenewstrategyon risk l and cost, compared to theoriginal strategy. 4 Communicatean Allowsyou to communicatethefollowinginform- improved plan. ation thatwasdocumented in previousstepsof the work process: Theupdated strategyprofile. l Whatchanged from theoriginal strategy. l Whytheupdated strategywasselected. l Thereturnon investmentvalue. l Therisk reductionnumbers. l Confidential and ProprietaryInformationof Meridium, Inc. • Page5of32 AbouttheAssetStrategyWorkProcess Step Description Details 5 Implementthe Allowsyou to implementthenewstrategyinto your Strategy. work managementsystem. Specifically, duringthis step, you will wantto implement: Recommendationsthatwereidentified. l Processesto measuretheeffectivenessof the l strategy. Documentthedecision-makingprocessbehind l thenewstrategy. Aprocessfor obtainingand communicating l 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. l Ensuretheworkforceunderstandsthevaluein l executingtheplan. Reviewwork historyto maintainand ensure l 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. Confidential and ProprietaryInformationof Meridium, Inc. • Page6of32 AbouttheAssetStrategyWorkProcess WithintheMeridium APMproduct, each of thestepslisted abovecan beaccomplished usingoneor moreof thefollowingmodules: AssetStrategyManagement(ASM) l AssetStrategyImplementation(ASI) l AssetStrategyOptimization(ASO) l ReliabilityCentered Maintenance(RCM)and FailureModesand EffectsAnalysis l (FMEA) Confidential and ProprietaryInformationof Meridium, Inc. • Page7of32 AssetStrategySystemRequirements Asset Strategy System Requirements Multiplelicensesarerequired to takeadvantageof AssetStrategyfunctionality. In addi- tion to thefollowinglicenses, your system mustcontainthebasic Meridium APMsystem architecture: AssetStrategyManagement(ASM) l AssetStrategyImplementation(ASI) l AssetStrategyOptimization(ASO) l ReliabilityCentered Maintenance(RCM)and FailureModesand EffectsAnalysis l (FMEA) After you haveconfigured thebasic system architectureand licensed AssetStrategymod- ules, you will need to perform someconfigurationsteps. Confidential and ProprietaryInformationof Meridium, Inc. • Page8of32 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 l FailureModesand EffectsAnalysis l Confidential and ProprietaryInformationof Meridium, Inc. • Page9of32 UpgradeWorkflow Upgrade Workflow You can upgradeto 3.6.1.4.0usingtheinstructionsthatareprovided in theInstallation, Upgrade, and Configurationdocumentationfor each AssetStrategymodule: AssetStrategyManagement l AssetStrategyImplementation l AssetStrategyOptimization l ReliabilityCentered Maintenance l FailureModesand EffectsAnalysis l Confidential and ProprietaryInformationof Meridium, Inc. • Page10of32
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