2014 npma spring seminar value through professional asset management implementing iso 55000...

2014 NPMA Spring Seminar Value Through Professional Asset Management

Implementing ISO 55000ContractsJim Dieter


The Best News Organizations using these principles around the world

are realizing significant cost savings

What’s necessary isn’t new money, but smarter use of existing money

There are achievable savings beyond the cost of implementation

Competitive advantage


The Path Forward Awareness Understanding Planning Advocacy Negotiation Implementation Institutionalization

Who has the skills and the position to make this happen in your organization?

What is your role?


A Quick Assessment What’s new to us? What are we already doing?

2014 NPMA Spring Seminar Value Through Professional Asset Management5

Management System Standards

[ ] New [ ] Existing A big plus if your organization is already ISO literate.



[ ] New [ ] Existing

If your organization has already implemented two ISO Standards, you are rolling downhill!




If three, home free!

Managing the Organisation

Asset Management

Coordinated activity of an organization to realize value from assets

ISO 55000: Overview [ ] New [ ] Existing

[ ] New [ ] ExistingIs your organization aware asset management exists?


Benefits of Asset Management

Benefits = Your Sales Pitch


Benefits of Asset Management improved financial

performance informed asset investment

decisions managed risk improved services and

outputs demonstrated social

responsibility



[ ] New [ ] Existing [ ] New [ ] Existing



Benefits of Asset Management demonstrated compliance enhanced reputation improved organizational

sustainability improved efficiency and

effectiveness

[ ] New [ ] Existing [ ] New [ ] Existing [ ] New [ ] Existing



Asset Management Fundamentals Alignment Leadership Assurance Value

How do the fundamentals play in a government contract property environment?


Fundamentals: Alignment Objectives into actions

Integration

A supporting Asset Management System




Line of sight……..


Fundamentals: Leadership Workplace culture Roles and

responsibilities – and authority

Awareness Stakeholder involvement



Culture trumps strategy, every time


Fundamentals: Assurance

Assets fulfill purpose Processes Connection to organizational

objectives Continual improvement Necessary resources



What a great wish list!!!


Fundamentals: Value Asset management

objectives align with organizational objectives

Use of a lifecycle management approach

Decision-making processes that reflect stakeholder need and define value




We know lifecycle

Managing the Organization

Asset Management


Asset Management

System

Set of interrelated or interacting elements to establish AM policy, AM objectives and processes to achieve those objectives

ISO 55001: Requirements


ISO Definition ofManagement System

Management System – Set of interrelated or interacting elements of an organization to establish policies and objectives, and processes to achieve those objectives

18



Asset Management System

• The Organization• Leadership• Plans• Support• Operation• Performance Evaluation• Improvement

19

Now we are into the ISO 55001 requirements.


The Organization Stakeholders, not just

shareholders

Scope – what assets are included?

System interfaces

20




Scope is the critical discussion


Leadership Top management involvement Continual improvement AM integrated with business

processes Adequate resources available Establish an Asset

Management Policy Alignment with organizational

strategic plan





Challenging


Plans Establish an Asset

Management Plan

Measurable objectives

Risk management

Monitored and communicated

22





A great strength


Support Provide necessary

resources Assure competence of

people doing the work Awareness Information requirements Documentation

23




An important role for the NPMA


Operation Process control

Change management

Control of any outsourced activities

24




Subcontracting expertise


Performance Evaluation Monitor and measure

Analysis and evaluation

Internal audit

Management review

25





Why another one???We know audits!!!


Improvement Nonconformity and

corrective action

Preventive action

Continual improvement

26




What does improvement have to do with compliance???

Managing the Organization

Asset Management


Asset Management

System

Set of interrelated or interacting elements to establish AM policy, AM objectives and processes to achieve those objectives

Asset Portfolio Assets that are within

the scope of the assetmanagement system

Wow, only now are we finally getting to the assets!?!


Government Contract Property

28

Where do we stand?

http://www.washingtonpost.com/blogs/nationals-journal/wp/2013/01/28/jayson-werth-i-think-we-got-the-best-team-in-baseball/


Connections to ASTM E53 Standards Tactical management standards

• Equipment Control Matrix• Outcomes• Maturity Model

Lifecycle process standards• Physical Inventory Verification• Receiving, tagging, transfer, etc.

A firm grounding in VCSs


The Good News! We are already doing Asset Management better than the

rest of the world

98+% accuracy is beyond the most aggressive goals of organizations around the world

Familiarity with compliance and an audit environment

Now let’s revisit ….


More Good News!! Centralized, system level approach

Excellent Asset Management registries

Established systems for Asset Management

A record of success


Still More Good News!!! Documented policies and procedures

That are being followed!

Historical transaction data

Plans


The Delta Top Management visibility and impact

Scope

Integration

Managing vs. controlling

Manage the Delta


The Beginning!

Will it be for you?

2014 npma spring seminar value through professional asset management implementing iso 55000...

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