Abstract
An Asset Health Index (AHI) is an asset score, which is designed, in some way, to reflect or characterize the asset’s condition and thus, its performance in terms of fulfilling the role established by the organization. In this Chapter, planning major overhauls and equipment renovation based on asset criticality and health index is considered. To that end, a procedure for calculating the asset health index is presented.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
De la Fuente A, Crespo A, Sola A, Guillén A, Gómez J, Amadi-Echendu JE (2021) Planning major overhaul and equipment renovation based on asset criticality and health index. In: Crespo Márquez A, Komljenovic D, Amadi-Echendu J (eds) 14th WCEAM proceedings, WCEAM 2019. Lecture notes in mechanical engineering. Springer, Cham. https://doi.org/10.1007/978-3-030-64228-0_8
Hjartarson T, Otal S (2006) Predicting future asset condition based on current health index and maintenance level. In: ESMO 2006–2006 IEEE 11th international conference on transmission and distribution construction, operation and live-line maintenance
Naderian A, Cress S, Piercy R, Wang F, Service J (2008) An approach to determine the health index of power transformers. In: Conference record of the IEEE international symposium on electrical insulation, 192–196. https://doi.org/10.1109/ELINSL.2008.4570308
Naderian A, Piercy R, Cress S, Service J, Wang F (2009) An approach to power transformer asset management using health index IEEE Electr Insul Mag 25(2):2. https://doi.org/10.1109/MEI.2009.4802595
Azmi A, Jasni J, Azis N, Kadir MZA (2017) Evolution of transformer health index in the form of mathematical equation. Renew Sustain Energy Rev 76(March):687–700. https://doi.org/10.1016/j.rser.2017.03.094
Silvestri L, Forcina A, Introna V, Santolamazza A, Cesarotti V (2020) Maintenance transformation through Industry 4.0 technologies: a systematic literature review. Computers in industry, vol 123. ISSN 0166-3615. https://doi.org/10.1016/j.compind.2020.103335
GB DNO groups. DNO common network asset indices methodology (2017). Health & criticality—version 1.1. https://www.ofgem.gov.uk/system/files/docs/2017/05/dno_common_network_asset_indices_methodology_v1.1.pdf
Australian Local Government Association (2015). National State of the assets report. https://alga.asn.au/national-state-of-the-assets-report-2015/
Federation of Canadian Municipalities (FCM) & other seven partner organizations (2020). The Canadian Infrastructure Report Card (CIRC) 2019 http://canadianinfrastructure.ca/downloads/canadian-infrastructure-report-card-2019.pdf
Hjartarson T, Otal S (2006) Predicting future asset condition based on current health index and maintenance level. In: ESMO 2006–2006 IEEE 11th international conference on transmission & distribution construction, operation and live-line maintenance
Vermeer M, Wetzer J, Wielen P, van der, de Haan E, de Meulemeester E (2015) Asset management decision support modeling, using a health and risk model. PowerTech IEEE Eindhoven 1–6. https://doi.org/10.1109/PTC.2015.7232556
Scatiggio F, Pompili M (2013) Health index: the TERNA’s practical approach for transformers fleet management. IEEE Electr Insul Conf (EIC) 178–182
de Calle KL, Ferreiro S, Arnaiz A, Sierra B (2019) Dynamic condition monitoring method based on dimensionality reduction techniques for data-limited industrial environments. Computers in industry, vol 112, p 103114. ISSN 0166-3615. https://doi.org/10.1016/j.compind.2019.07.004
Crespo Márquez A, et al (2020) Defining asset health indicators (AHI) to support complex assets maintenance and replacement strategies. A generic procedure to assess assets deterioration. In: Crespo Márquez A, Macchi M, Parlikad A (eds) Value based and intelligent asset management. Springer, Cham. https://doi.org/10.1007/978-3-030-20704-5_4
Serra J, De la Fuente A, Crespo A, Sola A, Guillén A, Candón E, Martínez-Galán P (2019) A model for lifecycle cost calculation based on asset health index. In: International Conference on Smart Infrastructure and Construction 2019 (ICSIC), pp 91–98. ISBN 978-0-7277-6466-9. https://www.icevirtuallibrary.com/. https://doi.org/10.1680/icsic.64669.091
De la Fuente, A. Guillén, A. Crespo, A. Sola, J. Gómez, P. Moreu, V. Gonzalez-Prida (2018) Strategic view of an assets health index for making long-term decisions in different industries. In: Chapter 126, safety and reliability—safe societies in a changing world: proceedings of ESREL 2018, June 17–21, 2018, 1st edn. Trondheim, Norway, CRC Press. https://doi.org/10.1201/9781351174664
Institute of Assets Management (IAM): subjects 6 and 7: capital investment operation and maintenance decision-making. Version 1.0 (2016)
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Crespo Márquez, A. (2022). Asset Health Indexing and Life Cycle Costing. In: Digital Maintenance Management. Springer Series in Reliability Engineering. Springer, Cham. https://doi.org/10.1007/978-3-030-97660-6_12
Download citation
DOI: https://doi.org/10.1007/978-3-030-97660-6_12
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-97659-0
Online ISBN: 978-3-030-97660-6
eBook Packages: EngineeringEngineering (R0)