Maintenance Delivery

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Name:	Maintenance Delivery
Acronym:
Type:	Competency Sub Element

Parent Element

Maintenance

Child Sets

Child Sub Element

Definition:

Maintenance Delivery encompasses the management of maintenance work activities for tangible and intangible assets throughout their intended life cycle. This subject also considers the importance of asset data and information record keeping within the maintenance environment, and the periodic review of how asset maintenance strategies should be periodically reviewed and updated to reflect an asset’s useful life and its criticality.

Statement:

Maintenance of assets is an integral function and value contributor to Asset Management. Maintenance delivery incorporates the maintenance work and management activities of identification, planning, scheduling, execution, and analysis. The specific asset maintenance strategies applied align to the asset life cycle stage, criticality, and risk within the operational function for an organization, the service the asset provides and the level of service to which it should be maintained, the asset’s remaining useful life and its residual value. Maintenance strategies may change as the asset ages or if the operational context changes.

Shutdowns, turnarounds, and major outages are a significant maintenance delivery activity which has a strategic impact on the organizational capability to realize value. The effort to perform this aspect of maintenance delivery requires specific consideration for:

Planning, scheduling, and an approval process for undertaking the shutdown, turnaround, or major outage.
Communications with internal and external stakeholders.

Maintenance delivery contributes to organizational value through the balance of cost, risk, and performance. For asset intensive companies, the impact of maintenance delivery on their financial performance is significant.