Edition 12 June 2017 - Asset Management Experts · approach, to the development of a Strategic Asset Management Plan (SAMP) or Asset Management Strategy, that will not only conform

Edition 12June 2017

This edition features:

• TWPL opens offi ce in Brazil and wins 3-year contract

• IAM appoints TWPL as exam delivery partner

• New guide for strategic planning

• New IAM Asset Management System guidance

• Bonneville Power selects TWPL

• Valuing chief executives and asset life cycles

• New consultants - David Copestake and Howard WerdenN l D id C k d H d W d

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IAM appoints TWPL as exam delivery partner

In February 2017, the Institute of

Asset Management (IAM) appointed

TWPL as exam delivery partner. As

such, we now arrange and conduct

offi cial IAM Certifi cate and IAM

Diploma examinations directly

alongside our long established and

successful IAM endorsed training courses.

Story continues on back page.

New guide for strategic planning

Th e IAM is publishing a new, defi nitive

guide to developing a Strategic Asset

Management Plan (SAMP). Authored by

TWPL CEO, John Woodhouse, this is

the product of over 20 years of experience

in helping organisations to sort out their

practical priorities.

Such guidance has been widely requested, to clarify the confused

requirements of the ISO 55001 standard.

Story continues on page 3.

New IAM Asset Management System guidance

Th e new IAM handbook for establishing

and implementing an Asset Management

System has been written by TWPL Principal

Consultant, Peter Jay (pictured right).

Th is guide sets out a practical approach

that will help organisations on the asset

management journey to develop and put in

place an asset management system, that will not only achieve

formal conformance with ISO 55001, but will enable and

embed good practice as described in the IAM Anatomy and

supporting subject guidance documents.

Story continues on page 2.

Valuing CEOs and asset life cycles

Asset Management Special Report

published in Th e Times

John Woodhouse, TWPL CEO and Chair of

the Panel of Experts at the Institute of Asset

Management comments in John Osborne’s

article ‘Valuing chief executives and asset life cycles’.

Story continues on page 3.

TWPL opens office in Brazil & wins 3-year contract to facilitate ISO 55001

TWPL supports corporate transformation and asset

management programmes in over 28 countries, and has offi ces

on 4 continents. Now Brazil joins the network, through our

wholly owned subsidiary, TWPL Consulting Services Ltd, based

in Sao Paulo.

Our Brazilian team has already been selected and contracted

to support a major ISO 55000 implementation in the

electricity sector. Story continues on page 2.

Bonneville Power selects TWPL to improve Asset Management decision making

TWPL has won a contract with

Bonneville Power Administration

(BPA), to improve their asset

management decision making for

their transmission business line.

TWPL provides a comprehensive

method for better decision-making

in asset management. It is a unique combination of structured

guidance, methods to capture and quantify expert knowledge,

and ‘what if?‘ analytical soft ware tools to ensure that the best

value decision is made, with a clear audit trail to demonstrate

why it is correct.

Story continues on page 2.

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Bonneville power selects TWPL to improve Asset Management decision making

Story continued from cover page. Alex Th omson, principal consultant and project leader said: ‘We

are delighted that BPA has selected TWPL to be their trusted

partners. We look forward to working very closely with BPA’s

engineers to support and develop a plan to optimize their asset

management decision making processes’.

BPA is a non-profi t federal power company based in the Pacifi c

Northwest. It markets wholesale electrical power from 31 federal

hydroelectric projects in the Northwest, one non-federal nuclear

plant and several small non-federal power plants.

For more information, please contact: Norman Haggie on

+1 804 732 8626 or email [email protected]

Training partnership with Quasset BV

TWPL’s Asset Management

Academy is delighted to have a

training partnership in place with

Quasset BV. Quasset will deliver

professional asset management

training in the Benelux region

to prepare individuals and

organisations to take the IAM

Certifi cate and IAM Diploma

examinations.

Olav van Wely, Marketing

Manager, Quasset commented:

‘We look forward to working

with TWPL for many years to come to achieve our shared

goals and ambitions to deliver fi rst class asset management

education and training’.

See back page for more news on TWPL Asset Management Academy

or go to:

www.assetmanagementacademy.com

New IAM Asset Management System guidance

Story continued from cover page.

Th is guide provides an agreed basis that is endorsed by the IAM

for the application of AM systems, and provide some consistency

and clarity for all working in this fi eld. It provides discussion

and recommendations on implementing ISO 55001 for a variety

of scenarios, including integrating it with other management

systems such as ISO 9001 and the concept of an integrated

management system approach.

It will provide the foundation of a new growing suite of guidance

material for asset management, that provides more depth and

context coverage of practical implementations. It also cross

references relevant IAM Subject Specifi c Guides (SSGs) and

other reference sources. It includes some industry examples and

many tips and shares the pitfalls for those embarking on the

asset management journey. It represents a major element in the

IAM’s body of knowledge.

To read the full story go to:

www.twpl.com/news

TWPL opens office in Brazil and wins 3-year contract to facilitate ISO 55001

Story continued from cover page. Th is 3-year project will assist CTEEP, one of the largest power

transmission companies in the country, to establish asset

management capabilities, life cycle planning, optimal decision-

making and establishment of a management system compliant

with ISO 55001. ‘Th is is an initiative that mobilizes every

single department of the company and is part of the strategic

corporate priorities for the future’ said Mr. Celso Cerchiari,

CTEEP Technical Director at the launch in February.

Launch of CTEEP programme:

Rene Leonel and John Woodhouse of TWPL celebrate the

project launch with CTEEP President Dr Reynaldo Passanezi

and other Senior Executives.

Th e programme includes establishment and customisation of

asset life cycle planning activities, risk management, quantitative

cost/risk optimization methods for decision-making, education

programmes, culture change and the establishment of a joined-

up management system for asset management. Initial stages

include reviews of existing processes, a ‘gap’ analysis and a

series of pilot studies and solution development workshops.

Th ese harness existing good practices and develop links

and improvements in areas where greater integration and

alignment are possible. A key part of this is the ‘desiloing’ of the

organisation – enabling better multi-disciplined collaboration in

the delivery of value across the whole asset life cycle.

To read the full story go to:

www.twpl.com/news

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www.twpl.com

Changes in organisational

environment, new technology and new

ideas, mean that every organisation

has to be agile, forward-looking and

be able to demonstrate dynamic cost,

risk and performance optimization.

So if you are Seeking Excellence and

need help to set new targets, or want

to explore how you can break new

ground and show what’s possible, we

have the experience to take you there.

Whatever level you are at, we can help.

Find out more and get a copy of our

new Academy Prospectus.

Please contact Luc Juffk ins:

+44 (0) 1635 298800 or email

luc.juffk [email protected]

3www.twpl.com

INTEGRATING, EMBEDDING

GETTING STARTED

Do you need help in...

• Learning core concepts, practices and benefi ts?

• Planning how to get started and prioritise the way forward?

• Convincing sponsors and sceptics?

Do you need help in...

• Achieving a real transformation (more than just ‘gap analysis’ and road-mapping)?

• Culture change: establishing the right values, behaviours and habits?

• Benefi ts realisation: quantifying and demonstrating in hard numbers?

SEEKING EXCELLENCE

Do you need help in...

• Setting new targets: fi nding and adapting best applicable practices?

• Real optimization: showing fully quantifi ed, optimal life cycle value?

• Innovation: breaking new ground and showing what is possible?

Valuing CEOs and asset life cycles

Story continued from cover page. Asset Management Special Report published in Th e Times

For any new chief executive, the task of transforming a business

used to defi ning its assets in terms of technical standards and

terminology can be formidable.

Th e concept of asset management has grown up in the

infrastructure and transport sectors. In so doing, it has generated

a raft of concepts and technologies which may seem alien to a

chief executive with a track record of improving the fortunes of

businesses focused on managing fi nancial assets or IT systems.

To make things even more complicated, any newcomer has

quickly to get to grips with terms which even asset managers say

are not precisely defi ned.

To read what John Woodhouse says go to:

www.twpl.com/news

New guide for strategic planning

Story continued from cover page.

Th e purpose of this guide is to set out a practical and pragmatic

approach, to the development of a Strategic Asset Management

Plan (SAMP) or Asset Management Strategy, that will not only

conform with ISO 55001 requirements, but will clarify priorities,

align stakeholders and deliver the best possible value to the

organisation.

It will provide a consistent and clear basis that is endorsed by the

IAM, for the development and maintenance of strategies and is

intended for use by those setting out on the journey and those

implementing or maintaining their management systems.

For more information go to:

www.twpl.com/news

Asset Management Journey: Different starting points, different challenges and priorities

To support your asset management journey, the TWPL Asset Management Academy has pre-grouped the most valuable combination of

learning and practical tools that are typically needed at diff erent stages of the journey, whether you are an individual or an organisation.

Our introductory range of education, baseline studies, pilots and planning services ensure your start on the right track, with a personalised

way forward, realistic expectations and full support of stakeholders. For those Getting Started, we can teach you the core concepts, practices

and benefi ts and plan how to get started and prioritise the way forward, realistic expectations and full support of stakeholders.

If you need help Integrating and Embedding an asset management culture change and need to establish the right values, behaviours and

habits, or need help with more than a gap analysis, TWPL knows how to join it all up, how to ensure alignment of people/culture with

required process changes, and how to establish asset management systems (e.g. ISO 55001) with delivery of tangible business benefi ts.

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CONFERENCES 2017IAM Annual Conference, Manchester: 26-28 June 2017

John Woodhouse speaking on ‘Best practices in developing

a strategic Asset Management plan (SAMP)’ and

Peter Jay speaking on developing ‘Th e IAM Handbook’.

Mainstream Conference, Johannesburg: 9-10 October 2017

John Woodhouse speaking on ‘Whole life cycle Asset

Management: Turning good conditions into concrete results.’

CONTACT USHead offi ce

Th e Woodhouse Partnership Ltd

19 Prince Henry House

Kingsclere Business Park

Kingsclere, Hampshire

RG20 4SW. UK

UK & Europe

Tel: + 44 (0) 1635 298800

North America

Tel: + 1 804 732 8626

Latin America

Tel: + 58 414 742 8719

www.twpl.comEmail: [email protected]

4www.twpl.com

Howard Werden,

Principal Consultant, North America

Howard Werden recently joined TWPL as

a principal consultant. He previously was

the manager of distribution operations and

maintenance at ATCO Electric, Canada.

Howard centralised the responsibilities for

maintenance, operations, safety, fl eet, and forestry, standardising

practices and overseeing the development of reliability centred

maintenance programmes, management structure, roles, and

responsibilities. Th is provided the foundation for strategic asset

management within the distribution department.

Prior to this, Howard was a divisional manager with

responsibilities for the distribution system and customers in a

large resource based area in northern Alberta, which was during

a period of intense development and expansion. Signifi cant focus

was placed on improving project management, outage response

and emergency preparedness and power quality.

For more information on our Asset Management experts

go to: www.twpl.com

Online Learning - IAM Certificate Programme

Learn online anytime, any-place anywhere with the fastest and

most fl exible way to prepare yourself for the IAM Certifi cate

examination. Learn directly from leading international Asset

Management experts through a convenient and interactive

online learning programme which fi ts around your working life

at the pace that you choose.

Th e course modules (x14) can be purchased as a package or

individually.

Explore our Online Learning Portal and register:

www.assetmanagement.online

Please contact Luc Juffk ins: +44 (0) 1635 298800 or email

luc.juffk [email protected]

New TWPL Asset Management experts

David Copestake,

General Manager, Middle East Region

David Copestake joined TWPL in

September 2016 and was appointed the

General Manager for the Middle East

Region. He is a Chartered Engineer and

Fellow of the IET and IAM respectfully.

David previously was Managing Director and company board

member of Transco Abu Dhabi. His major role and responsibility

was to lead a multimillion dollar process, to transmit portable

water and electricity to the Emirate of Abu Dhabi with a

multi-national, multi-cultural and multi-faith workforce of

1250 professional and technical staff .

During his time at Transco Abu Dhabi, David led a major

change management initiative of re-structuring the whole

Transco organisation focusing on ‘strategic asset management’

organisational models, where the roles of ‘asset owner’, ‘asset

manager’ and ‘service providers’ were defi ned. Having

achieved accreditation to PAS 55 in 2011 and, in October 2014,

successfully certifi ed to ISO 50001, Transco are now considered

to be the leading transmission company in the region.

IAM appoints TWPL as exam delivery partner

Story continued from cover page. Th is package of training and examination can be provided for a

group at your company’s premises or individually at one of our

public courses. TWPL’s experts have over 20 years’ experience

in professional development from basic NVQ/HNC to Masters

degree level, and provide the necessary training, to pass the IAM

Certifi cate and IAM Diploma examinations or WPIAM Certifi ed

Asset Management Assessor examination.

Th e IAM Diploma is the highest qualifi cation awarded by the

IAM. Furthermore, TWPL can support you up to even higher

levels with our university partnering to full MSc professional

qualifi cations. Th ere’s more information on the TWPL Asset

Management Academy website along with our public course dates.

For more information go to: www.assetmanagementacademy.com

and contact us for a copy of the new Academy Prospectus.

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