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Maximize asset performance with asset integrity management

Integrity management is a key component for a successful asset management program, with a particular focus on health, safety and environment.

Inderpreet Shoker, Analyst, ARC Advisory Group
Inderpreet Shoker, Analyst, ARC Advisory Group

Industrial organizations around the world face a common challenge: managing assets and infrastructure. Most owner/operators struggle to keep the plant operations going while trying to maximize asset life. At the same time, they also need to ensure safe, secure and environmentally responsible operations. As a result, more and more owner/operators are paying attention to asset integrity management (AIM).

Asset management was one of the key topics discussed at this year’s ARC Industry Forum in Orlando, Fla. While asset performance management (APM) has always been a focus area at the ARC Industry Forum, the APM team provided a deeper dive into AIM this year with presentations from ARC as well as end users from Idaho National Labs and Braskem. A panel discussion also offered attendees a chance to share their experiences and challenges.

What is AIM?

Integrity management is a key component for a successful asset management program. The main objective of asset management initiatives is to ensure that assets perform their required functions throughout their lifetime. AIM has the same objective but with an emphasis on health, safety and environment. ARC defines AIM as the software and services “utilized in the systematic and coordinated activities to ensure the availability of critical assets and systems while protecting health, safety and the environment.”

AIM helps ensure that the appropriate people, systems, processes and resources are in place and in use, and will perform when required. When assets are managed and maintained properly, not only does it help drive their sustainable performance, but it also lowers inspection, maintenance and repair costs while improving plant reliability and operational safety.

Because we want the asset to perform its intended function throughout its lifecycle, it is beneficial to look at AIM in relation to the asset lifecycle. In its lifetime, an asset goes through various stages, starting from concept and then moving on to construction, commissioning, operations, maintenance and then decommissioning. Looking at this lifecycle, we can see where we need to focus in terms of integrity.

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