Achieving Effective Operation and Capital Investment Decisions Using Reliability Availability Maintainability (RAM)

Water Corporation WA is developing an investment program for a significant water supply scheme. To effectively facilitate this process, we required greater understanding of asset risk, performance risks, equipment availability and water capacity. In partnership with Petrofac, we conducted a RAM Study with a focus on project sustainability.

The presentation will showcase how Water Corporation and Petrofac:

  • Identified and utilized data from various sources, assessing availability and quality
  • Split the scope into manageable sections with clear methodology
  • Sourced required data despite challenges
  • Generated outputs that provided statistical basis for investment decisions
  • Ensured internal customers agreed to pre-defined study scope details
  • Maintained flexibility while staying within agreed boundaries
  • Worked collaboratively to align data inputs and outcomes with original requirements
Topics:

Asset Data Management: Transforming Data Overload into Strategic Value

Speakers

Andrew Rands
Andrew Rands

Lead Engineer, Maintenance Reliability and Asset Management

Petrofac

Ian Bradley
Ian Bradley

Lead – Reliability Engineering

Water Corporation WA

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See you there!