Asset Hierarchy Development

An Asset Hierarchy is a logical way of arranging assets, equipment and components in any Oil & Gas facility. Asset hirerarchy is absolutely essential to operate and maintain assets in an efficient manner.

Any Oil & Gas facility will have a large number of maintenable assets. Each asset will have its own assemblies, sub-assemblies and components. Asset hirerachy is a nested way of arranging assets and their respective assemblies and components to streamline operation and maintenance activities.


Why Asset Hierarchy?

Realibility of operations: Maintaining asset hierarchies is key to reliable maintenance and hence reliable operation of assets.

Efficient use of human resource: Maintaining asset hierarchy will lead to efficient use of human resource for maintaining assets.

Spare parts optimisation: Asset hierarchy systematically arranges spares and other consumables which leads to optimisation of spare parts and inventory

Oman   |   Saudi Arabia   |   Sharjah   |   Malaysia   |   Abu Dhabi   |   Dubai   |   India   |   UK   |   USA

2024 Copyright | HOFINCONS IRCA GLOBAL All rights reserved.