Risk based asset management
We have developed a novel approach to optimising asset management, particularly creating maximum reliability and operability at minimum cost throughout the maintenance and operating phases. To do this we have adapted techniques first developed in the American aerospace industry, and demonstrated that savings of close to 20% are achievable. Integrated Logistics Support is a highly structured approach to determining the optimum whole life design solution for any asset which maximises value at minimum cost whilst maintaining all service and other performance criteria. We have been involved in the strategic planning for and successful delivery of a dozen PPP projects both in the UK and overseas.