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Asset Management System Implementation

Project Overview

Shivaan Asset Management’s in-house capability and experience with development and implementation of ISO 55000 – Asset Management System (AMS) was trusted by one of the leading global mining and metals company. The client laid out clearly their business objectives, needs and requirements and we assured them of a sustainable and resilient deployment of AMS for their global business.

Scope Of Works

Shivaan Asset Management reviewed their existing AMS documentation available and conducted a thorough gap analysis to provide our client with the understanding of the level of information they would require for their AMS Documentation. We also initiated template development that can be adapted to various parts of their businesses and operations.

Project Outcomes

Shivaan Asset Management delivered a comprehensive, cohesive and adaptable AMS Documentation that aligned to our client’s AMS Framework, Company’s Strategic Plan and Objectives.

Unmitigated CriticalityPlannedActualSavings
Timeline70 days36 days34 days
Financial100%51%49%

The AMS Documentations delivered were:

  • AM Policy and Policy Statement
  • Strategic Asset Management Plans (SAMP)
  • Asset Management Plans (AMPs)
  • Asset Management Framework Guideline
  • Asset Management Standard (aligned to ISO 55000, ISO 55001, ISO 55002 & ISO 55010)

Value Delivered

  • Provided understanding of how Leadership team need to support the continuous improvement and governance of the AMS by measuring performance against the business objectives and goals.
  • Supported in implementing strategic and tactical balanced decision making criterias and processes – top-down directives and bottom-up performances and information.
  • Robust management of business financials (CAPEX and OPEX), Annual Production Rates and Risks from the assets/equipments in scope.
  • Standardisation of AMS Documentation within the global business functions.