Asset & Risk Management
Image courtesy of our friends at Antea
DPS provides clients with a risk management solution by providing a plan to not only reduce risk associated with operating assets but by using risk assessments to balance operational performance of their assets against asset life cycle cost
Asset Management can be defined as a process to generate maximum value form a physical asset base, for business and for society, by balancing the operational performance of the asset against the asset life cycle cost and its risk profile for all relevant stakeholders.
Organisations in the Energy and Resource industry are typically asset sensitive. Daily operations depend strongly on the performance of their physical assets and, as a result, these organisations strive continuously to optimise their asset performance. At the same time, they are frequently faced with ageing assets, along with environmental, safety and regulatory compliance requirements that are becoming more and more stringent along with a number of additional challenges associated with asset ownership and operation.
To add to this, there is ongoing pressure to reduce cost in combination with reduced budgets providing Asset Managers the huge challenge of optimising budget allocation whilst maintaining asset safety.
DPS provides clients with a risk management solution by providing a plan to not only reduce risk associated with operating assets but by using risk assessments to balance operational performance of their assets against asset life cycle cost. Linking risk management with your digital transformation strategy is one of the ways to achieve this goal.
Our solutions include:
Process Safety Management
3D model linked RBI and FMECA
Prescriptive and Predictive maintenance solutions
QRA for new build and brownfield modifications
2D and 3D consequence modelling
HAZIP and HAZOP