SYSTEM, METHOD AND COMPUTER PROGRAM FOR ASSET MANAGEMENT OPTIMIZATION
First Claim
1. A visual asset management system for optimizing inspection and allocation of capital renewal resources among a plurality of assets, at least two of the assets having different life cycles, the visual asset management system characterized by:
- an inspection device linkable to an asset management database operable to store a life cycle performance for each of the plurality of assets, the inspection device comprising;
an inspection software utility that enables a user of the inspection device to (a) access an inspection template for conducting an inspection of the plurality of assets, and (b) collect and/or generate inspection data associated with a life cycle performance of the plurality of assets, the inspection data including one or more images representative of the life cycle performance of particular assets;
wherein the inspection device links or facilitates linking the inspection data with the corresponding asset in the asset management database so as to enable the analysis of the inspection data, including for allocation of renewal resources among the plurality of assets, or a sub-set of such assets.
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Abstract
The present invention provides a visual asset management system for optimizing inspection and allocation of capital renewal (repair/rehabilitation/replacement) resources among a plurality of assets wherein each asset has a different life cycle. Inspection is enabled by an inspection device that enables a user to access an inspection template for conducting an inspection of assets. The user can provide inspection data via the inspection device, including by providing images of particular assets to represent their life cycle performances. An optimization engine conducts a two stage optimization on the inspection data, first by optimizing inspection and allocation of renewal resources on an asset by asset basis, and then by optimizing inspection and allocation of renewal resources among all assets or a sub-set of the assets.
34 Citations
19 Claims
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1. A visual asset management system for optimizing inspection and allocation of capital renewal resources among a plurality of assets, at least two of the assets having different life cycles, the visual asset management system characterized by:
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an inspection device linkable to an asset management database operable to store a life cycle performance for each of the plurality of assets, the inspection device comprising; an inspection software utility that enables a user of the inspection device to (a) access an inspection template for conducting an inspection of the plurality of assets, and (b) collect and/or generate inspection data associated with a life cycle performance of the plurality of assets, the inspection data including one or more images representative of the life cycle performance of particular assets; wherein the inspection device links or facilitates linking the inspection data with the corresponding asset in the asset management database so as to enable the analysis of the inspection data, including for allocation of renewal resources among the plurality of assets, or a sub-set of such assets. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A visual asset management system for optimizing inspection and allocation of renewal resources among a plurality of assets, at least two of the assets having different life cycle, the visual asset management system characterized by:
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an asset management database operable to store a life cycle performance for each of the plurality of assets; an optimization engine linked to the asset management database; and an inspection device linked to or linkable to the asset management database, the inspection device operable to enable a user thereof to;
(a) access an inspection template for conducting an inspection of the plurality of assets, and (b) collect and/or generate inspection data associated with a life cycle performance of the plurality of assets, the inspection data including one or more images representative of the life cycle performance of particular assets;wherein the inspection device links or facilitates linking the inspection data with the corresponding asset in the asset management database so as to enable the analysis of the inspection data, including allocation of renewal resources among the plurality of assets, or a sub-set of such assets. - View Dependent Claims (13, 14, 15, 16, 17, 18)
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19. An asset management method for optimizing inspection and allocation of renewal resources among a plurality of assets, at least two of the assets having different life cycles, the asset management method characterized by:
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(a) analyzing historical data for each asset to generate a pool of repair decisions for each of one or more renewal periods; and (b) optimizing the repair decisions across all the assets in accordance with one or more constraints to allocate renewal of resources among all the assets for each of the renewal periods.
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Specification