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Long Term Asset Management

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In a substation or switchyard at a large industrial complex or electric utility, assessing equipment criticality is the first step to optimizing O&M costs. All equipment reliability enhancing programs such as preventive maintenance (PM), predictive maintenance (PdM), performance monitoring, and life-cycle-management (LCM), must be applied based on a graded approach to equipment criticality. Over applying such programs can increase O&M costs unnecessarily while under applying can result in unnecessary equipment failures. Altran can help your facility review, evaluate and enhance your Long Term Asset Management Strategy, and develop solid implementation plans to maximize reliability and minimize costs.