The Challenge
Devbase were engaged by an electricity and gas transmission and distribution service provider to develop processes for the determination of asset criticality and health indices, to ensure optimal lifecycle management and visibility of key risks across the organisation.
The Solution
Our consultant facilitated interviews with client teams and associated workshops together with a review or existing artefacts to underpin our assessment.
Our advisors documented new processes to enable prioritisation of asset lifecycle investment activities and quantification of risk for utilisation in corporate investment decisions. The newly developed processes leveraged the client business' extant organisational risk management framework.
Devbase Impact
Our advisors successfully uplifted the risk and cost assessment maturity of our Client organsiation through taking a structured risk based approach to investment underpinned by asset condition and health information
