Papers by J. Edmundo de-Almeida-e-Pais
Life cycle optimization has been a concern over decades; it has been clear that an asset well-kep... more Life cycle optimization has been a concern over decades; it has been clear that an asset well-kept will have a longer life with a higher return for the organization; this life cycle depends of several factors. The standard ISO 55001 defines a set of requirements that, when implemented and maintained, guarantee the good performance of an organization's asset management, responding to stakeholders need and expectations and ensuring the value creation and maintenance as well as a global vision of assets on the Optimizing the Life Cycle of Physical Assets. The organizations where physical asset management is of major importance include all those that involves facilities, machinery, buildings, roads and bridges, utilities, transportation industries, oil and gas extraction and processing, mining and mining processing, chemicals, manufacturing, distribution, aviation and defence. However, since ISO 55001 is a new standard in the global market, due to its necessity to involve all the organization its implementation becomes difficult; but, it is clear that an organization that certifies by the ISO 55001 is ahead on life cycle optimization because it is part of its requirements; so, what model of life cycle optimization to use? Is there anyone that fits on the ISO 55001? Can an existing one be adapted to be used according to ISO 55001 requirements? The approaches of this paper bring a literary review of life cycle models used in asset management and their major concerns, this is the beginning to build a model to optimize the life cycle of physical assets including the ISO 55001 perspective.
This article is an open access article distributed under the terms and conditions of the Creative... more This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY
This article is an open access article distributed under the terms and conditions of the Creative... more This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY
The purpose of this study was to apply new methods of econometric models to the Life
Cycle Asses... more The purpose of this study was to apply new methods of econometric models to the Life
Cycle Assessment (LCA) of physical assets, by integrating investments such as maintenance, technology,
sustainability, and technological upgrades, and to propose a means to evaluate the Life Cycle
Investment (LCI), with emphasis on sustainability. Sustainability is a recurrent theme of existing
studies and will be a concern in coming decades. As a result, equipment with a smaller environmental
footprint is being continually developed. This paper presents a method to evaluate asset depreciation
with an emphasis on the maintenance investment, technology depreciation, sustainability depreciation,
and technological upgrade investment. To demonstrate the value added of the proposed
model, it was compared with existing models that do not take the previously mentioned aspects into
consideration. The econometric model is consistent with asset life cycle plans as part of the Strategic
Asset Management Plan of the Asset Management System. It is clearly demonstrated that the proposed
approach is new and the results are conclusive, as demonstrated by the presented models and
their results. This research aims to introduce new methods that integrate the factors of technology
upgrades and sustainability for the evaluation of assets’ LCA and replacement time. Despite the
increase in investment in technology upgrades and sustainability, the results of the Integrated Life
Cycle Assessment First Method (ILCAM1), which represents an improved approach for the analyzed
data, show that the asset life is extended, thus increasing sustainability and promoting the circular
economy. By comparison, the Integrated Life Cycle Investment Assessment Method (ILCIAM) shows
improved results due to the investment in technology upgrades and sustainability. Therefore, this
study presents an integrated approach that may offer a valid tool for decision makers.
Usually, the Reserve Fleet, or Spare Fleet, of passenger urban buses, is based on indicators used... more Usually, the Reserve Fleet, or Spare Fleet, of passenger urban buses, is based on indicators used in some international relevant companies and extrapolated for many others, almost as a dogma. However, it must be taken into consideration pragmatic variables intrinsic to the buses namely their maintenance and in a more pragmatic approach, indexing their availability and by consequence the reserve fleet indexed to the maintenance policy used in each company. The paper discusses these subjects and presents a global model that integrates the maintenance planning policy, based on a condition monitoring model, maintenance Key Maintenance Indicators (KPI), and an economic life cycle model. The paper presents some results based both in theoretical considerations and also in real data from an urban fleet of a European Country.
Life cycle optimization has been a concern over decades; it has been clear that an asset well-kep... more Life cycle optimization has been a concern over decades; it has been clear that an asset well-kept will have a longer life with a higher return for the organization; this life cycle depends of several factors. The standard ISO 55001 defines a set of requirements that, when implemented and maintained, guarantee the good performance of an organization's asset management, responding to stakeholders need and expectations and ensuring the value creation and maintenance as well as a global vision of assets on the Optimizing the Life Cycle of Physical Assets. The organizations where physical asset management is of major importance include all those that involves facilities, machinery, buildings, roads and bridges, utilities, transportation industries, oil and gas extraction and processing, mining and mining processing, chemicals, manufacturing, distribution, aviation and defence. However, since ISO 55001 is a new standard in the global market, due to its necessity to involve all the organization its implementation becomes difficult; but, it is clear that an organization that certifies by the ISO 55001 is ahead on life cycle optimization because it is part of its requirements; so, what model of life cycle optimization to use? Is there anyone that fits on the ISO 55001? Can an existing one be adapted to be used according to ISO 55001 requirements? The approaches of this paper bring a literary review of life cycle models used in asset management and their major concerns, this is the beginning to build a model to optimize the life cycle of physical assets including the ISO 55001 perspective.
Journal of Industrial Engineering and Management Science
Circular economy arises at a time when the needs for the reduction, reuse, recovery and recycling... more Circular economy arises at a time when the needs for the reduction, reuse, recovery and recycling of materials and energy need to consolidate. Today's economy is unsustainable in the short run. The standard ISO 55001 defines a set of requirements that, when implemented and maintained, guarantee the good performance of an organization's asset management, responding to stakeholder needs and expectations and ensuring the value creation and maintenance as well as a global vision of assets in a circular economy. The organizations where physical asset management is of major importance include all those that involve: facilities, machinery, buildings, roads and bridges, utilities, transportation industries; oil and gas extraction and processing; mining and mining processing; chemicals, manufacturing, distribution, aviation and defence. However, since ISO 55001 is a new standard in the global market, because it is intrinsically difficult to implement, a diagnostic model on the state of organizations can greatly help on the implementation.
ISO 55001 – A Strategic Tool for the Circular Economy – Diagnosis of the Organization’s State, 2019
Circular economy arises at a time when the needs for the reduction, reuse, recovery and recycling... more Circular economy arises at a time when the needs for the reduction, reuse, recovery and recycling of materials and energy need to consolidate. Today's economy is unsustainable in the short run. The standard ISO 55001 defines a set of requirements that, when implemented and maintained, guarantee the good performance of an organization's asset management, responding to stakeholder needs and expectations and ensuring the value creation and maintenance as well as a global vision of assets in a circular economy. The organizations where physical asset management is of major importance include all those that involve: facilities, machinery, buildings, roads and bridges, utilities, transportation industries; oil and gas extraction and processing ; mining and mining processing; chemicals, manufacturing, distribution, aviation and defence. However, since ISO 55001 is a new standard in the global market, because it is intrinsically difficult to implement, a diagnostic model on the state of organizations can greatly help on the implementation. This paper proposes a diagnostic model to evaluate the state of the organizations in relation to their potential to implement the ISO 55001. The diagnosis allows to identify the aspects of the organization that are ready to receive the new standard, as well of the critical, the fragile and the weak points of the company that must be corrected. The diagnostic model is based on surveys, with several questions and with five possible answers. Each possibility of response has a quantification and a critical classification. The final result is a global positioning of the company with the identification of the various aspects to be corrected in order to be possible to implement the ISO 55001. A radar chart provides a global "radiography" of the company diagnosis. The diagnostic template has been validated and the results are presented in the paper.
Conference Presentations by J. Edmundo de-Almeida-e-Pais
15.º Congresso Nacional de Manutenção, 2019
A norma ISO 55001 foi publicada em 2014, tendo a sua origem, em formato de norma, na Publicly Ava... more A norma ISO 55001 foi publicada em 2014, tendo a sua origem, em formato de norma, na Publicly Available Specification 55 (PAS 55) em 2004, não obstante a necessidade tenha surgido muito antes, tal como constatado em vários outros documentos relacionados com a gestão de activos, designadamente os surgidos dentro das organizações ou serviços, para fazer parte de procedimentos referentes a problemas pluridisciplinares ou transversais à organização. A ISO 55001 é baseada em quatro pilares: Valor; Alinhamento; Liderança; e Garantia. Os activos físicos existem para fornecer valor à organização e aos seus accionistas; compreender o valor e de como os activos contribuem para este valor é muito importante. A gestão de activos traduz os objectivos organizacionais em decisões de carácter técnico e financeiro, e, por consequência, nos planos de actividade; a gestão de activos requer uma visão estratégica dos objectivos organizacionais incluindo os respectivos planos e medidas tácticas. A liderança e a cultura do local de trabalho são determinantes para realizar valor; a gestão de activos exige que a gestão assuma a liderança e mostre compromisso. A gestão de activos garante que os mesmos atenderão aos objectivos exigido, e isso obriga a que a organização avalie o progresso e o desempenho e, normalmente, inclui a definição de medidas de desempenho e a realização de revisões e auditorias periódicas. Muitas empresas tomam decisões por reacção a algum acontecimento e isoladamente, isto é, a decisão é tomada e implementada por um determinado departamento em função do problema que lhe surge, sem que seja feita uma análise sobre o impacto que essa decisão vai ter em toda a organização; questões simples, como custos, riscos e desempenho não são tomados em consideração, podendo uma decisão que era simples para a resolução de um determinado problema poder tornar-se uma má decisão para a organização como um todo. Cada um dos factores a ter em conta, muitas vezes, têm a sua própria equipa, especialidade e língua; devido a estes factores, o entendimento entre todos pode tornar-se díficil, pois não existe um elo de ligação entre todos. É típico, em muitas organizações, que a gestão de topo tome decisões estratégicas da organização longe da realidade dos activos de empresa devido à grande distância entre eles, pois a organização é dividida em departamentos, sendo que, cada um, como já referido, tem a sua própria língua, liderança, costumes, rituais e suposições; estes factores não facilitam a comunicação, assim como a priorização das necessidades da organização como um todo e, desta forma, as decições são tomadas localmente baseadas na informação do departamento e são, de forma geral, reactivas. A ISO 55001 disponibiliza uma estrutura para ligar os activos com os objectivos da organização na tomada de decisão da empresa, levando à tomada de decisão colectivamente. Para tomar decisões é necessário estar bem informado e este é mais um dos pontos essenciais da presente norma, pois a falta de informação leva, muitas vezes, a tomadas de decisão baseadas em suposições, até porque muitos dos processos que fornecem informação não estão implementados ou incorporados. Estas falhas, baseadas em informação pobre, levam a que todos procurem falhas uns nos outros, devido à falta de resultados; por outro lado, para colmatar esta falha, segue-se a introdução de mais procedimentos que irão criar mais entropia em todo o sistema.
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Papers by J. Edmundo de-Almeida-e-Pais
Cycle Assessment (LCA) of physical assets, by integrating investments such as maintenance, technology,
sustainability, and technological upgrades, and to propose a means to evaluate the Life Cycle
Investment (LCI), with emphasis on sustainability. Sustainability is a recurrent theme of existing
studies and will be a concern in coming decades. As a result, equipment with a smaller environmental
footprint is being continually developed. This paper presents a method to evaluate asset depreciation
with an emphasis on the maintenance investment, technology depreciation, sustainability depreciation,
and technological upgrade investment. To demonstrate the value added of the proposed
model, it was compared with existing models that do not take the previously mentioned aspects into
consideration. The econometric model is consistent with asset life cycle plans as part of the Strategic
Asset Management Plan of the Asset Management System. It is clearly demonstrated that the proposed
approach is new and the results are conclusive, as demonstrated by the presented models and
their results. This research aims to introduce new methods that integrate the factors of technology
upgrades and sustainability for the evaluation of assets’ LCA and replacement time. Despite the
increase in investment in technology upgrades and sustainability, the results of the Integrated Life
Cycle Assessment First Method (ILCAM1), which represents an improved approach for the analyzed
data, show that the asset life is extended, thus increasing sustainability and promoting the circular
economy. By comparison, the Integrated Life Cycle Investment Assessment Method (ILCIAM) shows
improved results due to the investment in technology upgrades and sustainability. Therefore, this
study presents an integrated approach that may offer a valid tool for decision makers.
Conference Presentations by J. Edmundo de-Almeida-e-Pais
Cycle Assessment (LCA) of physical assets, by integrating investments such as maintenance, technology,
sustainability, and technological upgrades, and to propose a means to evaluate the Life Cycle
Investment (LCI), with emphasis on sustainability. Sustainability is a recurrent theme of existing
studies and will be a concern in coming decades. As a result, equipment with a smaller environmental
footprint is being continually developed. This paper presents a method to evaluate asset depreciation
with an emphasis on the maintenance investment, technology depreciation, sustainability depreciation,
and technological upgrade investment. To demonstrate the value added of the proposed
model, it was compared with existing models that do not take the previously mentioned aspects into
consideration. The econometric model is consistent with asset life cycle plans as part of the Strategic
Asset Management Plan of the Asset Management System. It is clearly demonstrated that the proposed
approach is new and the results are conclusive, as demonstrated by the presented models and
their results. This research aims to introduce new methods that integrate the factors of technology
upgrades and sustainability for the evaluation of assets’ LCA and replacement time. Despite the
increase in investment in technology upgrades and sustainability, the results of the Integrated Life
Cycle Assessment First Method (ILCAM1), which represents an improved approach for the analyzed
data, show that the asset life is extended, thus increasing sustainability and promoting the circular
economy. By comparison, the Integrated Life Cycle Investment Assessment Method (ILCIAM) shows
improved results due to the investment in technology upgrades and sustainability. Therefore, this
study presents an integrated approach that may offer a valid tool for decision makers.