Kinectrics provides unmatched practical industry expertise based on
decades of experience in all aspects of the utility business including
engineering, consulting, equipment testing, and technical training.
Equipment Focused Asset Management for transmission and distribution stations
and lines assets involves performing Asset Condition Assessment (ACA) using
Health Indexing approach to identify assets that require attention and then
utilizing risk-based methodologies to develop short-term and long-term action
plans.
Unlike most of Kinectrics competitors and due to in house presence of
equipment experts, Kinectrics offers to its client a complete Asset
Management menu of services which, in addition to ACA, enables clients with
establishing optimal life cycle management of assets. These services include:
·
Establishing appropriate
testing and inspections protocols throughout assets lives, including in-service
commissioning
·
Facilitating end-of-life
decisions (replace versus refurbish)
·
Performing incident and
post-mortem investigations
·
Defining data and
information requirements
·
Reviewing and improving
design specifications
Over the last couple of
years Kinectrics has partnered with a number of Asset Analytics Platform
providers to further enhance its Asset Management service offerings. These
platforms enable Kinectrics clients to integrate data/information from multiple
sources, both static and in real time, to automatically update ACA results when
assets condition changes due to planned or unplanned actions, and to generate
customized dash boards and reports. Furthermore, Kinectrics is presently
developing methodologies for using accumulated data and information to support
machine learning in order to facilitate asset analytics studies.
Strategy
Focused Asset Management
Strategy Focused Asset
Management services enable Kinectrics clients improve and standardize their
decision making processes using customized tools and methodologies that could also
be used in supporting regulatory efforts. Examples of such services include:
· Using Investment
Prioritization PROSORT tool that provides means to prioritize investments based
on a consistent basis regardless of the asset categories involved by
normalizing their estimated cost over resultant risk mitigation to your corporate Business
Values
· Establishing Performance
Metrics for specific lines of business to measure effectiveness, efficiency and
accomplishments of investments made
· Creating Asset Management
Plan which provides a succinct summary of corporate decision making process,
including power system needs and external and internal drivers that contributed
to developing the Business Plan
· Assessing state of
corporate Asset Management processes as they relate to the ISO55000 standard
· Assisting with all aspects
of regulatory process, including preparation of direct evidence and supporting
documentation, strategic positioning, response to interrogatories and
participation in oral hearing
