R5.0 : Risk: Reliability, Resiliance, Relevance & Relationships
R5.0 : Risk: Reliability, Resiliance, Relevance & Relationships
Creating a RISK model
The output of the Model has the aim of managing risk and reducing the cost of risk.
Actionable insights
RBD
RCM, RAMS, Condition Monitoring and Predictive Analysis Tools
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ISO55001 (Asset Management Standard)
ISO41001 (Facility Management Standard)
ISO50001 (Energy Management Standard)
ISO14001 (Environmental Management)
Asset Maturity Audits
Processes are in place
Digitising Maintenance Knowledge: (Asset Audits, BIM, Collect and Code, Photographs, manuals, Software backups, Supply chain.
Relevant Assets
Whole of Life Models (Base Life, Degradation curves, Realistic Replacement Values)
Full Cost at Completion Modelling.
Workable intuitive CMMS
Sensible PM's
Sensor Inventory, and Sensor Management
Correct Measurements at the correct frequency.
Keeping updated on Legislation changes, reporting requirements and new Standards.
Training
Engaged
Enabled
SMART goals,
Coaching
Failure Codes
History of events,
Voice (are we listening)
Thankyou (Are we celebrating success)
Project management,
Innovation
Mechanical Engineering Services
Specialist Advice
Expert Witness: Forensic Engineering,
Reconstruction of Accidents and Mechanical Failure investigations.
Specialised Audits eg: Safe Battery Investigations (see above )
Just when you thought it was safe to enter!
MOULD
& Air Quality
Key products have come to define how we manage facilities differently.
In this Zone you will discover how we establish safe environments with innovations in:
Air Quality & Comfort
Measuring and maintaining safe zones
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This link will take you to our SDP's Shop to buy Mould management products
The Quick Energy Audit
Reducing Waste and Cost
Understanding Energy Use
ISO50001 (Energy Management Standard)
Measuring and understanding
Innovative Solutions
Demand Management
Power factor correction
Phase balance
Backup Power
(Thermal Storage like Ice Tanks or increasing hot water tanks, Off Peak operations, Peak Lopping and utilisation, Air Receiver management and much more)
The other 4 R's drive the Risk Model.
Introducing: R5.0 or R5Zero Modeled on Industry 5.0
Reliability in asset management is in basic terms the inverse of the level of risk (high reliability = low risk of failure)
Resilience is the ability to reduce Likelihood and the severity of the Consequence of a failure
Relevance is both the Consequence and the financial driver to priorities.
Relationship is the People who make it happen (or not!)
R5.0 provides a holistic approach to Asset Management and Services bringing together robust processes to deliver value all while thinking abo
Risk Models are based on ISO31000 (Risk Management Standard)
Understanding the Cost of Risk and Establishing what an organisations apatite for risk is.
For all projects and ventures a risk matrix is required and risk control measures established.
For Sustainability projects opportunities and risks must be established to manage success expectation. Every organisation and project should have a risk register, These registers should be audited for currency, and they should include a field indicating whether the mitigating strategy has been needed and an understanding of the effectiveness of that strategy.
ISO describes Risk as: 'effect of uncertainty.
An effect is a deviation from the expected (positive or negative)
The higher the reliability, the more resilient the asset and the system supporting the asset,
then unexpected events will be far more rare, and have a low or negligible impact.
The higher the consequence of the deviation, the more it is worth investing in predicting it and controlling/preventing it. If unable, insure for the consequence. Either way, there is a cost of Risk.
Where investment is provided to understand and prevent deviations or ensuring the effect is low, Insurers can lower their premiums and there is a lower cost of risk.
Uncertainty is the state, even partial, of deficiency of information relating to, understanding or knowledge of an event, its consequence or likelihood.
For
Major Hazardous Installations and any mission that is being undertaken,
Maximum Possible Loss vs Maximum Probable Loss are common risk management calculations.
How to build Reliability Block Diagrams (RBD)
Establishing availability Simulations
Completing an RCM (Reliability Centered Maintenance Analysis)
Create a RAMS (Reliability, Availability, Maintainability, Safety) Model
Appropriate for the asset or the mission
Our service delivery partners "PHM Technology" provide a MADe Model
This model is a robust program for digitising knowledge
From a clear Understanding of the RBD Reliability Block Diagram
And working through the RCM or RAMS process.
We can facilitate RCM workshops and training and provide useful material and RCM charts
More on RAMS in the download section.
Predictive Analysis - This is the lead time and confidence on asset availability and performance.
Introduction to Asset Maturity Auditing
and Sustainability Maturity auditing.
More about ISO55001 (Asset Management Standard
and ISO41001 (Facility Management Standard) in the download section.
What is digitising Maintenance knowledge?
Redundancy and Preparing for replacements and replacement parts
Codifying Critical Spares
Managing spares and maintaining spares
Condition Confidence
Maintenance Effectiveness
Whole of Life Modelling and Lifecycle replacement costing, as well as planning for replacement, refurbishment or scheduled restoration.
Different assets are treated with appropriate models. (Eg: FFE or Furniture Fixtures and Equipment, such as trolleys are high quantity low or medium cost items that make up a significant financial cost base) Resilience means having these coded (preferably tracked - ask us about a solution involving iLeash) and redundancy and replacement spares or supply chain in place. Paint, carpet, roofs have their own unique modelling appropriate for their scheduled restoration needs.
Whole of Life modelling means including the operating cost such as knowledge, efficiency and cleaning, in the WoL value of the asset.
FPE or Fixed Plant and Equipment range from traditional time based maintenance to on-line condition monitoring (as an output of the RCM or Reliability modelling done)
A resilient system is planned and scheduled and the deviation to the plan is measured.
A resilient system includes remaining abreast of the the current legistlation, reporting requirements (Especially for Scope 1, 2 and 3 emissions)
Resilient operations understand the operating parameters of their plant and equipment so energy can be more effectively managed (see Energy Auditing and peak lopping)
Appropriate management of the Assets that affect Availability
FMECA (Failure Mode Effect and Criticality Analysis)
Ensuring that the correct focus is in place, Correctly measuring the right things.
Ensuring the model makes sense (many low value lifecycle replacement or scheduled restoration assets are different from single high value maintainable assets - see resilience)
We also talk about sensor management (the correct valued sensor with the correct sensitivity, drift, standardisation) - maintaining a sensor library.
Doing the right things at the right time in the right way.
Auditing to ISO50001 (Energy Management Standard) - Finding the energy consumption by prority and establishing disclosures in GRI reporting.
Understanding Criticality and Failure Codes
Measuring the right things
The world of IoT (see the IOT chart and IOT measuring innovations and ideas in the downloads)
People are the key differentiator between Industry 4.0 and 5.0
The R5zero model brings people back into focus.
With the automation and robotics to the AI revolution we still need people.
People is the 3rd pillar in Sustainability and Culture supports sustainability.
In a choreographed service, people are engaged, empowered and enabled (have the correct information, know what to do, and do the right thing - every time.
Coaching & Mentoring
Creating the right Culture
Establishing Service KPI's
Stakeholder Analysis
Tools and Training and competence
Our project management services can help ensure your engineering project is delivered on time and within budget. We work closely with you to develop a project plan, manage resources, and oversee all aspects of the project from start to finish.
Bids and Tender Innovative Solutions,
Relevant technology and technology enablement
Developing the critical path and placing governance and control points into the process
Research on Battery Fires and Explosions:
What we know so far.
See the SBI page
Charging Installations - the main concerns.
Lets talk about air quality, innovations and remedies for Mould, Insulation and toxic gasses.
Now lets talk about Energy. And the Count down to 2050!
See our Quick Energy Audit in the download section.
How we seek out Energy waste.
When we understand the performance of an air pressure vessel, we can pump up the pressure, eliminate plant leaks, and peak lop the compressor during maximum demand periods.
When we run steam, we make sure our steam traps are working and efficient and not stealing our energy.
Insulations and revolutionary thermal coatings.
Perhaps you see a trend: When you work with R5.O you bring together the aspects that make facilities, operations, assets processes more sustainable.
We should have done this 25 years ago, R5Zero can help you accelerate.
We take a collaborative approach to our projects, working closely with our clients to ensure that we fully understand their needs and can deliver solutions that exceed their expectations.
With over 30 years of experience in the engineering services industry, we have a proven track record of delivering high-quality solutions to our clients. We have worked with companies of all sizes, from startups to Fortune 500 firms.
Files coming soon.
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