Title :
Development and implementation of an integrated asset risk prioritisation tool
Author :
Wakelen, Richard ; O´Brien, Dominic
Abstract :
The article presents development and implementation of an integrated asset risk prioritisation (ARP) tool on UK power networks. Asset Risk and Prioritisation (ARP) builds upon existing methodology of Condition Based Risk Management (CBRM) and shift of strategy from pure replacement to include refurbishment / asset life extension and more focus on TOTEX.
Keywords :
asset management; condition monitoring; electricity supply industry; risk management; CBRM; UK power networks; asset life extension; asset risk prioritisation tool; condition based risk management; refurbishment;
Conference_Titel :
IAM Asset Management Conference 2013, IET
Conference_Location :
London
Electronic_ISBN :
978-1-84919-799-1
DOI :
10.1049/cp.2013.1934
