SPM Assets

SPM Assets is a web-based asset planning system designed by asset managers for asset managers.

The product provides a tactical to strategic analytical solution, enabling asset managers to effectively assess the condition and performance of their assets and to efficiently formulate the priorities of physical works.

The product allows asset managers to:

• Assess the condition and performance of assets
• Efficiently formulate the priorities of physical works
• Choose the best position between resources and acceptable known risks

The number and types of assets that can be held and analysed is unlimited. The product bridges the divergence between the physical reality of managing large scale assets and the financial reality of limited budgets.

SPM Assets can be implemented in-house or hosted externally to reduce hardware and internal IT costs.

Benefits

SPM Assets offers the following operational benefits:

• A structured approach to asset planning using a proven methodology
• Long term savings through proven scientific forecasting
• Effective decision-making based on easy to access information
• Justifying budgets based on evidence
• Prioritising projects using risk and criticality
• Reduced internal IT costs with a fully web-enabled hosted application

Functionality Overview

• Fully Hosted – requires Microsoft Internet Explorer Version 6 or greater, or Mozilla Firefox Version 1.0.7 or greater
• Ease of use - based on a web interface, easy to use and navigate for data input, data analysis and reporting
• Key asset data – holds information at a component level, including condition grades, base lives, remaining lives, construction year, confidence grades, criticality criteria and replacement costs
• Asset information - a wide range of fixed asset information is held including descriptions, addresses, valuations, photographs, geographic co-ordinates, user-definable fields, capital replacement values and immediate maintenance items
• Component history - a full history of changes to components are recorded
• Component workspace - comprehensive analysis of component data displayed in a grid or graphical display with options to select the basis for analysis
• Property quality standards - analyses both condition status and various user defined performance or quality standards associated with properties such as safety, healthy, sustainability and energy efficiency
• Lifecycle analysis - a 'conditon based risk analysis' to determine the likely timing of renewals/replacements with an additional facility to define the threshold between operational and capital expenditure
• Scenario Modelling - allows 'what if' changes to the base data to see the effects on the lifecycle analysis
• Cost Analytics - enables asset managers to undertake targeted investigations on components either before they fail or before their maintenance costs become too significant
• Project Planning - enables asset managers to set up projects to address maintenance issues once scenarios have been finalised. Users can match the timing of actual projects to suit available budgets and manage planning information from concept to implementation phases
• Comprehensive Reporting - generates a range of PDF and CSV reports with on-line statistical reports including graphics
• Comprehensive Security - users are assigned to groups and functions which control access to the screens that may be viewed together with data access permissions
• Technology - available on either an Oracle or a Postgresql database management system

• Enterprise Edition provides you with a comprehensive range of functions in order to undertake the full cycle of asset management planning.

• Lite Edition provides you with the basic information you need to get started in asset management planning. It enables you to view and edit component information; undertake lifecycle analysis and run a range of standard reports. For further information on SPM Assets Lite Edition, please click here

SPM Assets Brochure

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