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0606: Best Practices for Asset Performance Management (APM) Software

This project aims to investigate APM software options, providing a review of the current APM technology solutions in the market and their functionalities. The project will assess the APM's potential impact on utility business capabilities, and provide guidance on good APM practices and justification for implementing APM solutions at electrical utility companies.

AMIG

AMTD

Research

0603: Whole Life Cost Models for Generation Assets

AMIG

Research

0605: Asset Class Strategies for Battery Energy Storage Systems

The objective of the project is to develop a guideline to assist asset managers of electric utilities to develop an asset class strategy for their BESS assets. The guideline will flow from the requirements of ISO 55000. The guideline will demonstrate how the BESS project objectives link to the utility's Asset Management Objectives and the utility's Corporate Objectives. The guideline will clearly define the BESS assets. The guideline will clearly designate the decision points / points of conside

AMIG

AMTD

Research

0602: Asset Management Key Performance Indicators for Generation Assets

This report establishes a common framework for asset management Key Performance Indicator (“KPI”) development for electricity generation assets. The resulting framework and list of KPIs have been developed based on the ISO 5500X series of standards and Institute of Asset Management (“IAM”) guidance. There is a mix of leading, process, and lagging indicators, culminating in a balanced scorecard approach. The KPIs also address various levels of the asset hierarchy: from the

Apr 30, 2019 - Aug 23, 2022

AMIG

Research

0607: Guideline for Asset Hierarchies

The Guideline for Asset Hierarchies is created as an internal project of the CEATI Asset Management in Generation interest group (AMIG). The purpose of the guideline is to reduce asset hierarchy and asset portfolio development costs in each utility and to enable benchmarking of asset information between CEATI members through data standardization.The guideline provides reference information to enable CEATI members to create or improve the asset hierarchy for their utility. The guideline is

Jan 2, 2024 - Sep 30, 2024

AMIG

Research

0601B: Generation Guideline for Risk Management - Phase 2

AMIG

Research

0374: CPF: Asset Management Maturity Matrix

This worksheet is designed to evaluate compliance to the ISO 55000: 2014 standards on Asset Management. Compliance to an ISO standard requires all program elements specified be implemented to a sufficient level to get the benefits standardization brings.Scoring using this maturity matrix has been developed on a scale of maturity from 1 to 5. Every element or sub-element needs to be implemented for the benefits of the standard to be achieved. Using this compliance approach leads to having all the

May 12, 2014 - Jan 22, 2015

Research

0601: Hydro Generation Guideline for Enterprise Risk Management

This study developed an asset-focused risk management framework with associated guidelines for implementation. The framework details hydro generation-specific asset information, but is broadly applicable to all types of generation assets. The framework development process involved:– Reviewing industry standards (ISO 31000, ISO 55000, ISO 14224, ISO 60812, International Infrastructure Management Manual, and Institute of Asset Management Subject Specific Guidelines)– Documenting a proc

Jan 21, 2019 - Jan 31, 2021

AMIG

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