Value Based Asset Management Value Based™ Asset Management builds on several proven technologies and successfully integrates these technologies into a powerful asset utilization optimization practice. It grows the concepts implemented under Value Based™ Reliability and the accepted concepts of risk assessment creating an integrated framework for managing an asset. System planning, maintenance planning, and operations planning are all addressed from the same value based framework. Value Based™ Asset Management allows for full integration into the asset/infrastructure management framework. The total asset is seen as one of the means of supplying power to customers with an adequate level of quality and reliability. Maintenance decisions, planning decisions, engineering design decisions, and operating decisions are made from a level playing field when there is a need to replace, upgrade or redesign infrastructure. As an extension, Value Based™ Asset Management allows for the monetary comparison of infrastructure decisions clearly illustrating benefits and value. It incorporates power system reliability and value based engineering concepts into the infrastructure planning and selection process. Download our complete brochure on "Value Based™ Asset Management" in pdf format.
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