The power delivery asset management seminar covers a number of introductory and advanced asset management topics. The seminar covers basic asset management concepts, asset costing and economic analysis, asset benefit quantification and specific asset value optimization strategies.
Basic asset management concepts to be covered include basic asset cost structures, asset benefit classification, marginal asset value and reliability/cost optimization. Asset costing and economic analysis topics include annualized costing, engineering economics, life cycle costing and cost evaluation methods. Asset benefit quantification topics include capacity and safety benefit quantification, marginal reliability benefits, marginal customer reliability value, total customer reliability value, marginal system reliability value and total system reliability value. Specific asset value optimization strategies to be covered include capacity planning, reliability planning, asset maintenance, capital replacement, asset operations and integrated asset planning. The seminar also includes an asset optimization group exercise.
