Asset Performance Management & Overall Asset Integrity

Asset Integrity, Reliability, Asset Performance Management, and Asset Strategy Management

Forget the one size fits all model of asset management. Operational Sustainability, LLC® can develop and implement overall Asset Strategy Management (ASM) and Asset Performance Management (APM) solutions customized to your needs. We also offer Fitness-for-Service (FFS), Risk-Based Inspection (RBI) and Reliability-Centered Maintenance (RCM) services – tools you need for better reliability. Explore the elements of comprehensive, integrated, holistic enterprise asset management on this page, and check out our free webinars and workshops on these important topics.

Work Management

Work management is focused on efficient execution of work. Traditional work management is all about the work order, but Operational Sustainability, LLC can help you develop your work management process to take a holistic approach through integration with other work processes such as management of change, work permitting, inspection findings, worker competency, root cause analysis and more. 


Your work management process should also reflect your asset criticality and preventive maintenance strategy developed through reliability methodologies, so you know you are doing the right proactive work at the right frequency and with the right priority. We can help.

Asset Performance Management / Asset Strategy Management

Best-in-class asset management strategies incorporate cost, reliability, EHS compliance, process safety, energy consumption and production into an integrated model… driving better asset strategies at the equipment level. That is what happens within the new APM framework developed by Operational Sustainability, LLC that improves asset performance, reduces risk, and enhances compliance assurance. This expanded view of APM and ASM addresses process safety, human performance, and asset information management to deliver top and bottom line results.

Holistic APM

Trust our experienced experts to help you design and implement new APM processes to incorporate this more holistic approach. The reliability-based strategies, mechanical integrity, and failure elimination of APM processes and overall Asset Strategy Management (ASM) are strengthened when human performance, conduct of operations and process safety are simultaneously addressed from a foundation of shared data elements and an integrated approach.

Traditional APM vs. New APM

Traditional APM

  • Inspection Management / Mechanical Integrity
  • Risk Based Inspection (RBI)
  • Integrity Operating Windows (IOWs)
  • Reliability Management (Criticality, FMEA, RCM)
  • Asset Failure Reporting / RCA
  • Performance Management
  • Asset Health
  • Asset Strategy Management
  • Production Loss Management
  • Proof Testing and Calibration / SIS

New APM – includes Traditional APM, plus additional concepts

  • Workforce / Human Performance
    • Organizational / Personnel Change
    • Competency Management
    • Learning Management System (LMS) / Training Management
    • Human Factors Analysis
    • Procedure Management
  • Conduct of Operations / Work Processes and Execution
    • Operator Rounds
    • Shift Handover
    • Operator Logs
    • Work Management / CMMS
    • Alarm Management
    • Incident Management / BBS
    • Procedure Management
    • Condition Based Maintenance (CBM)
    • Condition Assessment
  • Process Safety
    • Document Management / Redlining
    • Incident Management / BBS
    • Management of Change (MOC)
    • PSSR / Operational Readiness
    • Organizational / Personnel Change
    • Learning Management System (LMS) / Training Management
    • Competency Management
    • Process Risk Management (PHA / LOPA / FMECA / JSA)
    • Alarm Management
    • Audit Management
    • Corrective and Preventive Action (CAPA)
    • Relief Device Management
    • Control of Work / Work Permitting
So, what do these key concepts in the OS approach to New APM mean?
Function Description
Work order management Planning and scheduling requests for asset-related work and monitoring performance. 
Operations planning and scheduling Requires quality asset information. Important for meeting deadlines, maximizing profits and protecting the quality of your product.
Enterprise Asset Management The evolution of a CMMS to incorporate basic work scheduling and tracking, financials, HR, procurement, and inventory management.
Time-Based Inspection Inspection will help ensure that potential leaks, corrosion, damage and failures are minimized to equipment in operation. Standards for the inspection, repair, alteration, and rerating activities based including standards such as API 510, 570 and 653. 
Risk-Based Inspection Optimal maintenance business process used to examine equipment and risk imposed by damage mechanisms along with the probability and consequence of failure. Based on standards such as API 580. Output is inspection type, interval, and extent.
Management of Change Not-in-Kind change emanating from re-engineering requirements of equipment.
Process Hazard Analysis Systematic assessment of the potential hazards of a process aimed at reducing the consequence of unwanted events.
Root Cause Failure Analysis Collection of failure data for performance evaluation. An investigative process designed to identify underlying causes of equipment failure such as human or system error as well as the mechanism of failure.
Maintenance Procedures Developed to ensure the MI for all PSM critical equipment on an ongoing basis.
Quality Assurance The Quality Assurance effort "bridges the gap" between design specifications and the initial installation. Quality Assurance efforts focus on ensuring that Process Equipment is:
• Fabricated in accordance with design specification
• Delivered to the proper location
• Assembled and installed properly
Condition Assessment An assessment done to assess the condition on assets. It provides information to make knowledgeable, fact-based decisions for preserving (though maintenance) or renewal (through replacement) or the need for upgrading (refurbishment) of the assets or infrastructure
MI Audit MI deficiencies are commonly covered by PSM audits.
Lifecycle Cost Analysis A tool to determine the most cost-effective option among different competing alternatives to purchase, own, operate, maintain and, finally, dispose of an object or process, when each is equally appropriate to be implemented on technical grounds.
Equipment Strategy A consistent methodology to capture institutional knowledge and learning, along with a standardized approach to operating and maintaining Equipment, leading to effective selection of the right work enabling sustainable reliability.
Failure Mode and Effects Analysis Step-by-step approach for identifying all possible failures in a design.
Criticality Criticality drives equipment strategy development/review. Determines how essential equipment, component or a system is. 
Preventive Maintenance Maintenance that is regularly performed on a piece of equipment to lessen the likelihood of it failing.
Maintenance Planning and Scheduling Optimal planning and control of maintenance resources.
Predictive Maintenance (PdM)/Condition Based Monitoring Aims to detect when equipment will fail. Techniques include vibration analysis, oil analysis, thermal imaging, and visual equipment observation.
Prescriptive Maintenance Also known as equipment health monitoring. Prescriptive Maintenance is a cognitive process involving symptoms analysis, health diagnosis, consideration of alternatives for treatment, and then a prescription for action on equipment.
Parts Management Efforts to have parts on hand to minimize repair time.
Human Factors Practice of designing products, systems, or processes to take proper account of the interaction between them and the people who use them. Concerned with the fit of the user, equipment, and their environment.
OEE How available your equipment is, how it performs versus its spec and what kind of quality it produces.
Return on Assets An indicator of how profitable a company is relative to its total assets.
Competency A set of knowledge required to perform a job along with demonstrated skills and behaviors.

Mechanical Integrity

OSHA 1910.119 describes the requirements for mechanical integrity work processes to prevent loss of containment and ensure process safety and compliance.  But one size does not fit all companies for mechanical integrity. OS can help with custom development of mechanical integrity and reliability management systems. We also offer Fitness-for-Service (FFS), risk-based inspection (RBI) and integrity operating window (IOW) services – tools you need for better mechanical integrity. 

A mechanical integrity work process should encompass the following key activities: