Asset Management Insights. Celso de Azevedo

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       Asset Management Insights

       Phases, Practices, and Values

      Celso de Azevedo, Ph.D.

      INDUSTRIAL PRESS, INC.

       Industrial Press, Inc.

      32 Haviland Street, Suite 3

      South Norwalk, Connecticut 06854

      Phone: 203-956-5593

      Toll-Free in USA: 888-528-7852

      Fax: 203-354-9391

      Email: [email protected]

      Author: Celso de Azevedo, Ph.D.

      Title: Asset Management Insights: Phases, Practices, and Value

      Library of Congress Control Number: 2019936357

      © by Industrial Press

      All rights reserved. Published in 2019.

      Printed in the United States of America.

      ISBN (print) 978-0-8311-3644-4

      ISBN (ePUB) 978-0-8311-9532-8

      ISBN (eMOBI) 978-0-8311-9533-5

      ISBN (ePDF) 978-0-8311-9530-4

      Publisher/Editorial Director: Judy Bass

       Copy Editor: Janice Gold

       Compositor: Patricia Wallenburg, TypeWriting

       Proofreader/Indexer: Claire Splan

      No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the publisher.

      Limits of Liability and Disclaimer of Warranty

      The author and publisher make no warranty of any kind, expressed or implied, with regard to the documentation contained in this book.

       All rights reserved.

      industrialpress.com ebooks.industrialpress.com

      10 9 8 7 6 5 4 3 2 1

      To the memory of my brother, Wilton,

       with whom I shared the most beautiful learning:

       that of life.

       Contents

Foreword: The Emergence of a Necessity

Preface

The Structural Approach to the Book: The Matrix of Methodological Elements Associated with the Life Cycle Segments of Assets

Acknowledgments

PART I

THE PROJECT PHASE OF INDUSTRIAL ASSETS

CHAPTER 1

Demystifying the Project Phase

1.1 The Rise of a Praxis

1.2 Designing: A “Distinct” Activity

1.3 Decision-Making in the Preoperational Phase: Atony Comes at a Cost

1.4 An Opportunity for Improvement in Asset Design

CHAPTER 2

Reimagining the Procurement Function

2.1 The Fixation on Cost

2.2 Outsourcing and Accountability

       2.3 Changing the Terms of the Procurement Function

       CHAPTER 3

       FEED, RAMS, and Cost-Effective Availability

       3.1 The Input of Front-End Engineering and Design

       3.2 The Limitations of the RAMS Approach

       3.3 Cost-Effective Availability and Optimization: The FEEDMAN Protocol

       3.4 Key Factors of the Profitable Availability in the Project Phase

       3.5 FEEDMAN—FEED Aligned with Asset Management

       PART II

       BUILDING ASSETS AND PREPARING THEM FOR THEIR LIFE CYCLES

       CHAPTER 4

       From the Preoperational to the Operational Phase Construction and Installation

       4.1 Construction and Operations: Back to the Start

       4.2 An Opportune Moment

       4.3 Reliability: The DNA of Industrial Assets

       CHAPTER 5

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