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Methods for asset health management and systems thereof

  • US 7,925,472 B2
  • Filed: 05/19/2006
  • Issued: 04/12/2011
  • Est. Priority Date: 05/19/2005
  • Status: Active Grant
First Claim
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1. A method for optimizing utilization of one or more assets, the method comprising:

  • obtaining at an optimization processing apparatus operational data and physical condition data for one or more elements of at least one of the assets and specification data, historical maintenance data and life-cycle data for the one or more elements of the at least one of the assets;

    conducting with the optimization processing apparatus one or more diagnostics on the one or more elements of the at least one of the assets based on the obtained the operational data, the physical condition data, and the retrieved specification data;

    conducting with the optimization processing apparatus one or more prognostics on the one or more elements of the at least one of the assets based on the obtained operational data, the physical condition data, the specification data, the historical maintenance data and the life-cycle data;

    determining one or more optimization instructions with optimization processing apparatus for the at least one asset based on the conducted diagnostics and prognostics, wherein at least one of the conducting one or more diagnostics and the conducting one or more prognostics further comprises determining one or more maintenance needs related to at least one of the one of the one or more elements of the at least one of the assets in a near term comprising before a first designated period of time and over a long term comprising after the first designated period of time and wherein the one or more optimization instructions are further based on the determined near term and long term maintenance needs; and

    displaying with the optimization processing apparatus the determined one or more optimization instructions.

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