Skip to content
Conscious Asset
  • Consulting
    • Asset Performance Management
    • Expert Witness
    • Maintenance Management
      • Maturity Assessment
      • Business Case Estimator
      • Maintenance Coaching
    • MRO Spares
      • MRO Spares White Papers
      • Supply Chain and Inventory Analysis Case Study
      • Remote Supply Chain Analysis
    • Reliability Management
      • Business Case Estimator
      • Reliability Maturity Assessment
      • Reliability Centered Maintenance – Re-Engineered RCM-R
      • Root Cause Failure Analysis
      • Reliability Analysis
        • Reliability Data Analysis Case Studies
        • Work Order Analysis – feedback meeting example
      • Pipeline and Gas Reliability
    • Technology Support
  • Knowledge
    • Training
    • Blog
      • UPTIME
      • Reliability
      • Asset Management
      • Change Management
      • Planning and Scheduling
      • Risk Management
      • Technology
      • Consulting
      • MRO
    • Books
    • Case Studies
  • Staffing
  • Finance
  • About Us
    • Our Team
    • Partners and Affiliations
    • Clients
  • Contact
Covid maintenance Blog

Proactive maintenance is more Covid, how “covid” is yours?

  • 2020-08-232020-12-05

Proactive maintenance requires fewer people and is more suited to physical distancing, yet cost-savings measures are driving more reactive work and workplace crowding than necessary. Proactive maintenance is more “Covid”. You have laid-off workers, contractors, and reduced spending on maintenance and parts. In fact, Covid-19 presented you with a great savings opportunity! Have you done anything to make sure those costs stay down though? Short term maintenance cost savings are easy to achieve. but they bite hard later! Read more “Proactive maintenance is more Covid, how “covid” is yours?” →

Facebooktwitterredditpinterestlinkedinmail
Brumadinho Asset Management

How to keep the boss out of jail

  • 2020-07-162020-12-05

Here’s a case where they didn’t know how to keep the boss out of jail! In Jan 2019, a mine tailing dam (the structure used to contain waste from mining operations) collapsed. The video below shows the event. 259 people were confirmed dead and 11 declared missing. Cause – liquefaction – a commonly occurring phenomenon, and one that this particular mine had been warned about. Outcome – fatalities and associated human cost, suspended operations (for a brief period), company reputation, criminal charges (executives and engineering consultants). Risk management is an often neglected part of our job. Read more “How to keep the boss out of jail” →

Facebooktwitterredditpinterestlinkedinmail
Business Case Estimator Assessment

Business Case Estimator Insights

  • 2020-07-092021-02-16

Our business case estimator insights show you both savings and earnings potential for improvements in maintenance and reliability. If you are reading this, you probably think there is some opportunity to improve your operational reliability and maintenance performance. You might want to create a business case for change that you can use to get senior management approval and funding. You are in the right place. Read more “Business Case Estimator Insights” →

Facebooktwitterredditpinterestlinkedinmail
online training Blog

What I’m learning about Online Training

  • 2020-06-262020-12-05

Online training is actually a pretty good way to go! For me, that’s a revelation. The isolation and distancing measures being imposed due to the Corona Virus pandemic have been a game-changer in our business and personally. In the process of shifting training content to online formats, I’ve learned a lot.

My conclusion is that online training isn’t just an alternative to the “real thing”, it can actually be a better experience. Read more “What I’m learning about Online Training” →

Facebooktwitterredditpinterestlinkedinmail
understanding conditional probability Blog

Understanding Conditional Probability is Key

  • 2020-06-102020-12-05

Understanding conditional probability is key to determining the right maintenance and how it impacts your reliability. This article is to address the difference in the conditional probability of failure patterns, and the impact on how best to maintain assets based upon those differences.

Definition: Conditional probability of failure is defined as the likelihood an item will fail in the next period, assuming it has not yet failed. Editor’s note: for a bit more information on Conditional Probability of Failure and Hazard rates, please refer to this article by our colleague, Mr. Murray Wiseman. Read more “Understanding Conditional Probability is Key” →

Facebooktwitterredditpinterestlinkedinmail
maintenance and reliability maturity Asset Management

Maintenance and Reliability Maturity – 1

  • 2020-06-032020-12-05

Maintenance and reliability maturity provides an understanding of both how well we do maintenance and how good is our maintenance program. One delivers a major business result, the other is a big part of how you get there. Doing maintenance with precision and care, so the job is done once and done well by the right people and without delay is what maintenance organizations strive for. Some achieve it, some struggle to do so. If they can achieve that, then they are being efficient.

That achievement pays for itself in completed work at the lowest cost to the organization in terms of spending and time to execute. On the graph below, that takes them up the vertical scale. Read more “Maintenance and Reliability Maturity – 1” →

Facebooktwitterredditpinterestlinkedinmail
Paying your Way Blog

Emerging Stronger from Crisis

  • 2020-04-222020-12-05

Emerging stronger from crisis – that’s our current challenge. We know we can do it. What doesn’t kill us makes us stronger. Our businesses can emerge stronger too, but that won’t happen without leadership and choice.

Capital asset-intensive industries that have had a chance to pause have been wise if they used the opportunity to catch up on deferred maintenance and review their proactive maintenance programs for effectiveness. Read more “Emerging Stronger from Crisis” →

Facebooktwitterredditpinterestlinkedinmail
Uptime Blog

Uptime Insights – 8 – Asset Reliability

  • 2020-04-162020-12-05

You can wait for something to break, then fix it, or you can be proactive and manage the failure before it causes you problems. Being proactive is all about managing failures and their consequences before they occur. The failure itself, in some cases, is unavoidable, but how you manage consequences is entirely within your control.

You can reduce or eliminate the consequences of failure by forecasting what is likely to happen and deciding in advance about what to do about it.  Major business impacts are the consequences of risks and those are manageable. Read more “Uptime Insights – 8 – Asset Reliability” →

Facebooktwitterredditpinterestlinkedinmail
Conscious Asset Blog Asset Management

Why do you let your budgets hold you back?

  • 2019-11-112020-12-05

The “no brainer” opportunity

Let’s say that you run your own business. You have an opportunity to invest some money and get a payback that is more than your total investment within the first year (payback is more than 100% in the first year). Moreover, that payback will continue for many years. Would you invest? Read more “Why do you let your budgets hold you back?” →

Facebooktwitterredditpinterestlinkedinmail
Conscious Asset Blog Blog

Should we outsource

  • 2019-10-142020-12-05

Outsourcing is a form of alternative service delivery where one company hires another to perform some of its functions. It’s fairly common in some fields, such as accounting, manufacturing, human resources, procurement and IT, but not as common when it comes to maintenance and asset management. It has it’s advantages and risks and must be approached carefully.

Read more “Should we outsource” →

Facebooktwitterredditpinterestlinkedinmail

Posts navigation

1 2

Currency converter

Currency conversions are estimated and should be used for informational purposes only.

Newsletter Sign-Up

reCAPTCHA demo: Simple page

Follow us on Twitter

Tweets by @@ConsciousAsset

Contact Us

  • Email
    info@consciousasset.com
  • Phone
    +1-705-408-0255
  • Address
    92 Caplan Avenue, Suite 624
    Barrie, ON L4N 9J2

USA Office

  • Email
    info@consciousasset.com
  • Phone
    +1-509-838-2548
  • Address
    400 S. Jefferson, Suite 301
    Spokane, WA 99204

Experience, Insight, Honest Advice

Let's Talk

Conscious Asset

  • Email
    info@consciousasset.com
  • Phone
    +1 705 408 0255
  • Address
    92 Caplan Ave., Suite 624
    Barrie, ON Canada L4N 9J2

Newsletter

reCAPTCHA demo: Simple page

Copyright 2021 | Conscious Asset
Theme by Colorlib Powered by WordPress
  • Home Page
  • Blog
  • Website Terms of Service
  • Learning
  • My account