James Kovacevic

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So far James Kovacevic has created 161 blog entries.

Making Asset Management Work

Understanding the Concepts and Principles of Asset Management

1659214197_6c7999a79f_zIn order to implement an asset management system, it is vital to understand what is involved in an asset management system. The aspects involved have been tested over time through many different industries. These industries have proven to be what it takes to be successful.

So let’s see what it takes to be successful in asset management

Characteristics of good asset management

  • Cross-Functional – Asset management across functional boundaries, and is focused on extracting maximum value from the asset.
  • System based – the system is applied consistently […]
By |2019-04-19T15:49:58-04:00August 22nd, 2016|Asset Management|Comments Off on Making Asset Management Work

Why Do You Need An Asset Management Program?

Understanding the Business Benefits of an Asset Management Program

16657295696_8bd30f25d5_zHave you tried to upgrade / replace a piece of equipment due to the high cost of maintenance?  What about having the process stopped by procurement because they are not aligned with the high upfront cost?

While there is a generally a common goal of ensuring the long-term success of an organization, the approach is not always cohesive.  An asset management program is there to ensure an integrated and cohesive approach is in place.  This cohesive approach ensures the organization is working towards a common goal.

A few […]

By |2019-04-19T15:49:59-04:00August 15th, 2016|Asset Management|Comments Off on Why Do You Need An Asset Management Program?

What is Asset Management?

Understanding the Value of an Asset Management System

15129987641_91e203b408_zAll stakeholders have different perspectives, and as a result, place value on different aspects of an asset.  Trying to balance all the requirements is not an easy task.  Whether the requirements are performance, cost, or the level of risk.  Keep in mind, that performance can not only be uptime or OEE, but the beauty of a park, or the condition of a road.  This is where asset management comes in.

What is Asset Management?

To understand, what Asset Management is, we must first under what an asset is. […]

By |2019-04-19T15:49:59-04:00August 8th, 2016|Asset Management|Comments Off on What is Asset Management?

Ethics In Maintenance? Are You Kidding?

How Ethics Influence The Reliability of The Plant

4776589804_a17de6bb40_mAsk almost any maintenance professional in your operation what they think about ethics.  Chances are the answers will not have anything to do with their job and their role in maintaining equipment.

Ethics play an important role in many professions, such as doctors, engineers, lawyers, etc.   Ethics are not typically thought of in maintenance, but in reality, ethics does have a place in maintenance.   To understand where ethics fit into maintenance, you first have to understand ethics.

What is Ethics?

Ethics is the study of what is […]

By |2019-04-19T15:49:59-04:00August 1st, 2016|Organizational Management, People|1 Comment

Who Is Responsible For Reliability? Everyone!

Why Your Operators Need To Be Part Of Your Reliability Program

13422679555_b8d611da50_mYou drive your car (almost) every day, you will immediately notice a new noise, vibration, or feel to the car.  Once you detect this you would report the issue to your mechanic (or if yourself and do the repair), and he would investigate the issue.  The repair would be made and the car returned to you.

This same approach is what should be happening in your plant.  The operators of the plant equipment, operate the equipment every day and know the equipment. […]

By |2019-04-19T15:49:59-04:00July 25th, 2016|Organizational Management, People|Comments Off on Who Is Responsible For Reliability? Everyone!