Asset performance management encompasses the capabilities of data capture, integration, visualization and analytics tied together for the explicit purpose of improving the reliability and availability of physical assets. Asset Performance Management includes the concepts of condition monitoring, predictive forecasting and reliability-centered maintenance. Imagine having an entire Asset Performance Center for managing these activities.
During this session, Chip will share information about TVA's Asset Performance Center, including the value proposition for creating and implementing the Center, why it was needed and what went into the planning, design, and execution of the center. He will go through the steps TVA took to get the center in place and he will share what data was leveraged for the center, how they leverage it, and TVA's future plans for the Asset Performance Center.