Condition Management as Part of Asset Management

Abstract Definitions: Condition Monitoring/Management –Components of asset management condition monitoring regularly records meaningful data and information on the machine status (machines, plants and their components). The focus is on: abrasion, wear and contamination. The device should report its current status in good time before it fails.–Supports "status-based" or "predictive maintenance"–The aim is to make status data of the assets available on a continuous basis–Condition management collects the data and information, coordinates it, creates courses of action and manages the data.–Maintenance–The combination of all technical, administrative and business-management actions during the life cycle of an object in order to preserve it or restore it to such a condition that enables it to continue performing its original task.–Diagnostics–Identification of faults in the assets (machines, systems and their components)–Locating faults/evaluating the cause of faults–Log of individual faults and causes of faults–Asset–Plant components: apparatus, boilers, machines, pipes and process control instruments–The term does not include infrastructure that do not concern the production systems: buildings, roads, rails…–Plant Asset management–Comprises a "health check" of all assets, condition monitoring and diagnostic functions with the associated decision-making aids. In addition, the system predicts the remaining life and suggests appropriate maintenance measures to the user. Condition management is an important tool of asset management for optimizing production processes with regard to plant operation, capacity, quality, quantity and reproducibility. The crucial thing here is to recognize future requirements and trends of different industrial sectors as well as regional differences. Part of this process is to develop and build up the competence of the suppliers in the individual industrial segments, in complete solutions, partial solutions, but also in individual components and in the support. The optimization measures depend in part on the application and solution expertise of the vendor. This includes planning competencies and selection of the optimum measured variables, technologies and products/solutions. The factors that are of increasing importance here are intelligent diagnostics information, condition monitoring and its interpretation, based on the experiences from the condition management. It is the task of the supplier to point out to the customer the advantages of additional solutions in special applications in a wide variety of sectors and to present them transparently as part of the system information – from the first initial definition to the final target of process optimization.