A new way to make rapid gains in asset management

3 years in the making, we are proud to finally present the Reliability Success Value Quadrant Audit™

Designed to work across Asset Management, Maintenance, Reliability and Risk Management; The Value Quadrant Audit™ method and toolset to produce recommendations that are accurate, easy to implement, and aligned with organisational goals. 

The audit has been carefully constructed to ensure a minimum of subjectivity, and that all analysis and comparisons are based on acknowledge leading performance measures and standards. 

Already, this method has produced rapid results for a handfull of companies across varied industry sectors including...

• identifying 2.5 million reductions in mobile equipment management,

• identifying strategies for fixing an ongoing issue in planning for ports infrastructure management,

• detecting efficiency improvements across the broad spectrum of activities of a state water utility, and

• Locating almost $4,000,000 in cost reductions in conveyor management for a Longwall mining company. 

In the next three months this will be applied again in the water sector, the electrical transmission and distribution sectors, the Hard Rock mining sector and in two coal mines in Queensland. 

What are the steps in the The Value Quadrant Audit™?

• Comparison with leading performance standards from published reports, paid research and the Reliability Success benchmarking initiative.

Acknowledged Performance Criteria

• Rigorous maturity matrix gap analysis based on relevant standards and specifications. (Including PAS 55, SAE JA1011, AS 31000 and ISO 18436

Radar Graph of the Maturity evaluations of a small part of one maintenance element

• Drawing on acknowledged leading practices from published industry body reports, paid research and our own Benchmarking initiatives

Recommendations drawn from published reports and sponsored surveys globally

• Prioritisation of recommendations based on what is of value to your organisation based on your market pressures, regulatory situation and available skill levels.

The Value Quadrant approach, tying improvement to company objectives

We continue to invest time, money and resources to uncover the true leading practices within our areas. Not just a list of ideas a consultant has driven up.

We regularly sponsor research through recognized, independent benchmarking bodies, develop our own experiential database via the Reliability Success Benchmarking initiative, and recording of anonymous data from the companies we review and audit regularly. 

For further information on how The Value Quadrant Audit™ can provide your company with rapid results, and rigorous / defensible recommendations; please contact me on the information below.