Solutions 2.0

A majority of asset management programs and initiatives fail to achieve sustained results. Often the path to success is blocked by common obstacles that hamper the best decision-making. And at the heart of it successful asset management is about making good decisions.
A criticality analysis identifies the most important systems and assets in your operation, empowering you to make the best asset management decisions. But the value of a criticality analysis for asset management decision support goes far beyond delivering criticality data. 
This presentation will show how the preparation for, the process of, and the results from a criticality analysis will help remove five common obstacles that stand in the way of effective decision-making in asset management programs.
1. Lack of aligned objectives.
The success of an asset management program depends on everyone working towards the same goals and objectives, from senior management at the top down to technicians working on the floor. A criticality analysis starts with clearly understanding the mission and objectives of an organization and makes sure that this mission is clearly communicated to all the stakeholders participating in the process. Decision-making can then be grounded in common objectives.
2. Organizational silos that are not working together.