ASSET INVESTMENT PLANNING

Given the capability of IPS-SYSTEMS™ to manage Network Topology and relationship with / translation to Asset Management Hierarchy, IPS Asset Investment Planning solution provides powerful ability and intelligence to plan and manage Asset Investment, with best optimization of the benefits, costs, and risks for high-value Assets.

HOW IT WORKS

The Asset Investment Planning (AIP) process (powered by IPS-BPM™) is as follows:

Each asset (asset system) is applied in criticality matrix. (Prioritization related to Financial, Environmental, Safety and Influence on the system stability)

Basic logic of AIP is:

GET AIP RELEVANT DATA

CREATE REQUIREMENTS

PRIORITIZE

APPROVE

CREATE SOLUTIONS

ANALYZE

PRIORITIZE

APPROVE

CREATE PROJECTS

APPROVE

MONITOR AND CONTROL

Get and manage input data which will be used for AIP: Basically, problems in the existing system (coming from APM) and requirements for the System Augmentations/
Extensions (Problems and Opportunities)

Run approval process and create approved AIP requirements (Needs)

Each AIP requirement will be analyzed through three scenarios SOLUTIONS: REPLACE, MAINTAIN, DO NOTHING.

For each of the solution the costs, RISK prediction will be calculated (already prioritized by CBRM). Algorithm will select solutions with optimal sharing of the risk and costs by prediction for the next 5 and 10 years

Selected solution may be assigned to the AIP projects which will have cost and risks.

This project will be again be approved and finally the Asset Investment Plan is created and correlated with available budget and budget constraints and to ensure maximum efficiency and effectiveness of the investment.

AIP Supervision will monitor all-important KPIs which will allow permanent supervision of the AIP outcomes

NOTE: AIP is managing only larger investments related to RENEWING of the EXISTING SYSTEM, LARGER SERVICING and MAINTENANCE, NEW EXTENSIONS OF THE SYSTEM

In AIP, IPS  is not managing standard maintenance activities and limits can be set as threshold value for AIP.

Output from AIP is a List of all Projects (Investments) with values and corresponding information which is approved for the annual AIP plan.

KEY FACTS AND FEATURES

Asset Investment Planning Overview

Solution

The Asset Investment Planning Solution brings together all the powerful functionality of IPS-SYSTEMS™ relating to Asset Health and Risk, Asset Management, Outage Management and Business Process Management

System Needs

System Needs and System Options are addressed, and Optimal Asset Investment scenarios are analyzed

Optimal Asset Investment Plans

Optimal Asset Investment Plans are produced to suit your business needs and priorities, considering regulatory and budget constraints as well as consideration of risks, costs and benefits associated with reliability, performance, safety and environmental factors

TRANSFORM YOUR BUSINESS

CURRENT SOLUTION: has disconnected elements and/or data sources required for effective and efficient and reliable Asset Investment Planning process

IPS SOLUTION: IPS provides an integrated solution to streamline Asset Investment Planning by including all relevant information, data and factors in the analysis of needs and options

CURRENT SOLUTION: has limited Scenario planning capability, meaning sub-optimal Asset Investment outcomes

IPS SOLUTION: IPS provides the ability to include comprehensive and planning scenario analysis and identify multiple options for selection and further

REQUIRED MODULES

MINIMUM REQUIREMENT:

IPS-ENERGY™ CORE

(Asset register)

Asset Management

Administration

– User Management

– Report Management

– Audit Trail

MINIMUM REQUIREMENT:

IPS-ENERGY™ EXECUTIVE

(Activities Execution & Maintenance Results Repository)

Maintenance Concept

– Maintenance Concept Definition

– Commissioning Concept Definition

– Action Template Workflow Definition

Work Execution

– Asset View

– Location View

– Action Group View

– Action Overview

– Notification Overview

IPS-BPM™

(Business Process Management)

IPS-NTM™

(Network Topology Management)

IPS-OM™

(Outage Management)

OPTIONAL MODULES

IPS-SmartGridDI™ ENETRPRISE Edition

(Including DI-SPY™, DI-ACTIONS™, DI-ANALYSIS™, DI-PUBLISHER™, DI-Administration)

IPS-WebSuite™

(Our smart web-based front-end for existing IPS-SYSTEMS™ applications)

This solution can be combined with any or all of the other IPS Solutions