Asset Management Insights
Phases, Practices, and Values
Celso de Azevedo, Ph.D.
INDUSTRIAL PRESS, INC.
Industrial Press, Inc.
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Author: Celso de Azevedo, Ph.D.
Title: Asset Management Insights: Phases, Practices, and Value
Library of Congress Control Number: 2019936357
© by Industrial Press
All rights reserved. Published in 2019.
Printed in the United States of America.
ISBN (print) 978-0-8311-3644-4
ISBN (ePUB) 978-0-8311-9532-8
ISBN (eMOBI) 978-0-8311-9533-5
ISBN (ePDF) 978-0-8311-9530-4
Publisher/Editorial Director: Judy Bass
Copy Editor: Janice Gold
Compositor: Patricia Wallenburg, TypeWriting
Proofreader/Indexer: Claire Splan
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10 9 8 7 6 5 4 3 2 1
To the memory of my brother, Wilton,
with whom I shared the most beautiful learning:
that of life.
Contents
Foreword: The Emergence of a Necessity
THE PROJECT PHASE OF INDUSTRIAL ASSETS
Demystifying the Project Phase
1.2 Designing: A “Distinct” Activity
1.3 Decision-Making in the Preoperational Phase: Atony Comes at a Cost
1.4 An Opportunity for Improvement in Asset Design
Reimagining the Procurement Function
2.2 Outsourcing and Accountability
2.3 Changing the Terms of the Procurement Function
FEED, RAMS, and Cost-Effective Availability
3.1 The Input of Front-End Engineering and Design
3.2 The Limitations of the RAMS Approach
3.3 Cost-Effective Availability and Optimization: The FEEDMAN Protocol
3.4 Key Factors of the Profitable Availability in the Project Phase
3.5 FEEDMAN—FEED Aligned with Asset Management
BUILDING ASSETS AND PREPARING THEM FOR THEIR LIFE CYCLES
From the Preoperational to the Operational Phase Construction and Installation
4.1 Construction and Operations: Back to the Start
4.2 An Opportune Moment
4.3 Reliability: The DNA of Industrial Assets
