Western is currently transforming its asset management activities under the Asset Management Program Improvement Project to develop a mature, data-driven asset planning and investment program.
AMPIP will formalize and standardize how Western collects and processes asset data for three critical transmission assets across the agency, including how employees evaluate and document existing asset condition, calculate probability of failure and consequences, create schedules for optimal maintenance work and make recommendations for asset replacement or retirement.
By using the industry-accepted asset management guide, Asset Management Institute Publicly Available Specification-55, eventually Western staff will be able to create near real-time asset condition reports and provide risk based information to help with capital investment recommendations for senior management, customers and other stakeholders using industry policies, procedures and best practices.
Expected to be completed in mid-2014, AMPIP focuses on three core assets—transmission line segments, breakers and power transformers—to serve as test cases for improved processes and procedures, which will then be expanded to incorporate other assets over time as the program matures.
The AMPIP team recently achieved major milestones when the various functional councils within Western, such as the cross-agency power marketing, power operations and maintenance groups, and senior leadership approved the new methodology by which employees will determine asset health and consequences of failure of that asset and a relative risk score. The methodology was developed by subject matter experts within Western and tested on a few pilot assets in each region to ensure its validity.
With this new methodology in hand, Western staff is moving onto the next stage of the project, which, among other things, includes asset data collection, developing new attributes and analytics in Western’s maintenance data base and sharing the new methodology with customers and others to demonstrate how asset health and risk will be calculated and shared in future discussions.
Documents and other information
Learn about the new methodology (PDF), March 3, 2014