What about future changes?
As the operation progresses through the various stages in its life cycle there will inevitably be changes that occur. The demands on load, production or throughput have a habit of growing with time putting additional stresses on assets. Electrical utilities see increases in load and loss of cool-down time because people are now paying attention to time of use to save on their electric bills. Market demand for products will change – up or down, and change the way you use your assets. In slack markets an operation that was designed for continuous operation may now experience a downtime shift daily. In other markets demands increase and continuous operation goes into overdrive with assets more heavily loaded and stressed than originally expected. Read more “Capital Asset Management – Sustaining 2”