The R5.0 Model and Engineering Services by R5 Zero

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 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.

Definition: " the capacity to withstand or to recover quickly from difficulties; toughness."

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? 

• ISO19650 - BIM modeling
• Coding assets 
• Common Data Environments (CDE)
• Time based Coded Photographs - more intelligence
• Managing Asset Knowledge, Manuals, Drawings and As-Builts, Location, 
• Version control and Backups,

Redundancy and Preparing for replacements and replacement parts 

Codifying Critical Spares

Managing spares and maintaining spares, obsolescence and warranties (on service as well) 

Condition Confidence

Maintenance Effectiveness

• This is the extent to which planned activities are realised and planned results achieved.
• This is the choreographed service

Whole of Life (WoL)  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 solutions) 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.  Understanding the funding needed to mitigate the risk.

FPE (Fixed Plant and Equipment) range from traditional time based maintenance to real-time condition monitoring (as an output of the RCM or Reliability modelling)

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 legislation, 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 replacements and 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 - every time.

Auditing to ISO50001 (Energy Management Standard) - Finding the energy consumption by priority 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 (Download our Stakeholder Engagement Toolbox - below)

Tools and Training and competence