WHITEPAPER

Manage Risk and Cost with Intelligent Asset Strategies

Manage Risk and Cost with Intelligent Asset Strategies
Maintaining critical assets is a significant portion of the operations budget for power and energy resources companies and heavy industrials. Industrial evolution, fluctuations in demand and production, regulatory compliance, and other factors contribute to the complexity and cost of operating assets. A robust asset management strategy allows asset-intensive organizations to achieve the highest profitability at the lowest risk and cost.

Learn how to develop intelligent asset strategies through the use of GE Vernova’s APM Strategy application, using its integrated tools for risk-based optimization of maintenance programs.

This white paper covers:
  • The business case for improved risk management
  • Creating a framework for intelligent asset strategies
  • Prioritizing assets by risk and criticality
  • Reviewing and enhancing existing asset strategies
  • Setting up strategies for continuous, sustainable improvement
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Manage Risk and Cost with Intelligent Asset Strategies