PAS 55 Asset Management

UTInnovation now offers PAS 55 Asset Management Services including different levels of training and development to support Smart Grid Technologies and offers appropriate insight and knowledge into Asset management.

We offer the following services:

» Familiarization with the PAS 55 Asset Management for Executives,

  1.           › PAS 55 Specification overview
  2.           › Emerging business environment and importance of structured Asset Management
  3.           › Foreseeable business benefits from deployment of PAS 55 compliant management for physical assets
  1. » PAS 55 Asset Management: Turning Issues Into Opportunities – 2-day workshop for functional level management
  1. » Asset Management System Assessment against all points of PAS 55
    1.           › Recognize the strengths of the asset management that is already in place
    2.           › Identify missing or underdeveloped aspects required for integrated asset management
    3.           › Enable pointed planning for development of missing pieces and integration of a well rounded Asset Management System
  1. » Decision Support Strategies – Rigor of Science and Economics
    1.           › Life Cycle Cost Decision Making
    2.           › Risk Management
    3.           › Technology Management and Standardization
    4.           › Procurement Strategies
    5.           › Integrated Investment Planning
  1. » Smart Grid and Asset Management
    1.           › Challenge of interactive customers, variable generation from renewables and emerging T&D plant usage patterns
    2.           › Communication and control opportunities Smart Grid brings for improved plant observability, control and Asset Management
    3.           › Steady state Smart Grid and Asset Management vision ensuring the right means for the desired ends
  1. » Information Management
    1.           › Value structured data collection
    2.           › Information extraction 
    3.           › Informed decision making - information in context of knowledge
  1. » Economic End of Life Management
    1.           › Addressing aging assets proactively
    2.           › Avoiding band-aid time bombs and rework
    3.           › Improving resource predictability
    4.           › Freeing resources for reinvestment in plant modernization