Aladon’s Asset Life Information Management (ALIM) process is purpose-driven to preserve asset life and the information management necessary for your organization’s successful, ongoing operations.
Our ALIM process results in a comprehensive understanding of the information requirements such as the condition of the assets and related risk issues—and specifically, what is required to continue the safe and effective operation of the assets. It acts like a roadmap for life preservation and asset life extension projects that also enhances ongoing operational excellence.
Based on a holistic plant-wide life preservation and extension model, ALIM provides a structure to evaluate and address design integrity, aging, deterioration, obsolescence, and other asset life concerns to better manage future operations and maintenance practices.
Our ALIM process is both qualitative and quantitative where the initial assessment is a high-level understanding of the assets in the field. Operations normally continue using equipment, over months, and sometimes years, beyond the conceived field life. The assessment through analysis and simulation determines remaining life based on design integrity, operating conditions, events, maintenance interventions, corrosion, wear or fatigue, or simple use and time.
ALIM integrates various key elements of business and operations management systems to best assess and manage the asset life to create predictive modeling and improve investment planning.
Although facilities may operate within design parameters, current condition assessment is still required to identify the remaining life of the assets and how to effectively manage them going forward. Aging and operating windows are key elements in the assessment, as is typical wear and tear, deterioration patterns, performance and obsolescence (equipment that is no longer viable, critical to operations, or even in use). This need-based evaluation provides the foundation for the next period of the facility service.
Determining and calculating the remaining life of the assets is a foundational element of the overall Asset Life Information Management (ALIM) process. The objective of the process is to determine the remaining useful life using the specific factors found to influence asset behavior.
In cases where the remaining life may be impacted by factors outside the initial assessment, it is important to create a real life, holistic model of the equipment, systems, subsystems or facility and then simulate the asset “condition” and calculate remaining life for these assets based on the simulation output.
From this type of information, data-driven decisions to preserve or extend the useful life of assets is possible. The decsisions should be in line with criticality and organizational goals.
The following prerequisites are considered for an ALIM study:
Our world-class methodology to full life-cycle asset management targets assets on a site or in a facility that impact performance and operational efficiency, safety and reliability. This step-by-step approach is based on the principle of safe and effective use of equipment throughout its life while meeting satisfactory performance standards (safety, integrity, throughput, etc.).
The Operating Context determines the deterioration rate and probable failures that can be expected from the assets. Factors in the Operating Context include:
Understanding the factors that influence the asset behavior and the current condition of assets can help organizations determine remaining (remnant) life and what needs to be done to preserve or extend useful life.
The study will provide asset life expectancy based on current condition, maintenance, inspection and operating practices and maintenance data. In order to preserve or extend the useful life (LE), additional remediating actions or failure management strategies (operational and maintenance) may be recommended.
The study recommendations would follow the “Life Extension Option” categories as listed below: