Asset performance management versus safety

Incidents and accidents are almost always due to a complex of factors. Human failure in the broadest sense (such as shortcomings in safety awareness, competencies, instructions, communication) is in the majority of the incidents one of the most important basic causes. At the same time lifetime extension and replacement of assets by assets with the same or one additional functionality are the most important measures to an aging asset base to keep in operation. Asset owners are more likely to plan to implement a functional improvement when replacing assets. Reasons for investing in such targeted improvements include the need to meet higher production targets. Other reasons are the stricter climate and energy targets and the use of the possibilities offered by smart assets.

What do the aging asset base and security have to do with each other?

Let’s discuss the challenges at the EuroMaintenance Inspiring Table ‘Asset performance management versus Safety’