Asset Investment Planning 101
ASSET INVESTMENT PLANNING HIGHLIGHTS
- Capital prioritization
- Capital planning
- Maintenance planning
- Risk communication
- Performance planning
- Sustainable business performance
For Asset Managers
If you’re an Asset Manager or an Engineer, you’re probably familiar with the following challenges:
- Sustaining or improving the reliability of an aging asset base
- Minimizing O&M and capital costs
- Managing risks (operational, safety, environmental, etc.)
- Maximizing availability and managing work within tight outage windows
- Considering numerous alternatives for asset repair, replacement, rehabilitation, upgrade, and decommissioning
- Coordinating competing expenditure plans from multiple sources to achieve a single, optimized long-term plan
Asset Investment Planning with CopperLeaf’s ESP solution can help you meet these challenges:
- Identify expenditure plans from multiple sources, and apply a comprehensive framework for analyzing the preferred expenditure portfolio for an asset
- Consider asset health and productive capability as catalysts for expenditures
- Consider financial, non-financial, and risk factors
- Gain the strategic perspective you need to ensure that long-term plans for an asset are consistent with the business environment and corporate objectives
- Understand all factors that influence spending and investment
- Gain a means to communicate the reasons for your decisions and track performance
