Vincent Yee, P.E. | Corey Welsh, User Conference | October 20, 2016

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Presentation transcript:

Creating Asset Lifecycle Plans: Where True Asset Management Planning Begins Vincent Yee, P.E. | Corey Welsh, vyee@nexgenam.com, cwelsh@nexgenam.com User Conference | October 20, 2016 10:45 am – 11:15 am

Asset Plans List List view provides Useful Life, Financial Life, Inflation Value [UX] Class Tree View [UX] Search by class, useful life, description. [O] Sort by useful life, financial life and inflation [UX] Expanded filtering [UX]

Asset Plans Details Class & Subclass [AMI] Useful Life to determine replacement schedule [AMI] Financial Life for straight line depreciation [AMI] Inflation value to increase asset replacement value [AMI] Comments field that stamps user & time of each comment [UX] Create activities in asset plans [UX] CAPEX – Capital Expenditures [AMI] OPEX – Operating Expenditures [AMI]

NEXGEN Asset Plans User Experience [UX] Easily switch between List, Grid and Map Views List – preview of WO Grid – personalized preferences for advanced filtering & grouping Map – spatial references of WO Quick view of attachments & links in Comments feed with stamp of user & date/time to improve communication

NEXGEN Asset Plans Optimization [O] List view provide users with brief WO and improved filtering and sorting processes Color coded priority and status Multiple edits and multiple prints in list view Quick Status change by clicking the steps Linked WO for work flow Standard operating procedures with preloaded checklists based on tasks Next asset as user completes each asset in WO Next asset on map view as user completes each asset in WO

NEXGEN Asset Plans Asset Management Intelligence [AMI] Job costing for labor, equipment, parts and misc costs Shutdown & Interrupted Service to track reliability Safety to track Flags assets in WO that are still under warranty

Live Presentation of Asset Plans Module

Notes Asset Inventory Asset Plans Class & subclass Each class & subclass can have unique attributes Each class & location can be assigned to PM Going to use class for more library Purchase costs, Install date, Replacement Costs Inflation of ARV Asset Plans Tree – class & subclass

Notes Asset Plan Details Useful Life Financial Life Inflation CAPEX OPEX Create activities with WO Task WO Tasks created in Setup Frequency % ARV

FAQ Can I create subclasses for different application of the same type of assets? Can I change my asset plans to actual useful life based on conditions? How does my actual condition assessment affect the useful life for the asset? What is the difference between OPEX and CAPEX? Can I create other CAPEX besides replacement?

Questions Vincent Yee, P.E. | Corey Welsh vyee@nexgenam.com cwelsh@nexgenam.com 916.779.7300 | 916.779.7310 User Conference | October 20, 2016 10:45 am – 11:15 am Creating Asset Lifecycle Plans: Where True Asset Management Planning Begins