Scott Warren and Dick Olver, CMRP, of Agrium, will be presenting at this year's conference on the benefits of using Life Cycle Costing to develop a pump strategy. In their session they will review a case study from Agrium's Potash Operations in which a detailed analysis was completed to ensure that the plants were designed with the optimal arrangement of duty and spare pumps.
In this session, attendees will learn what was required to complete the full Life Cycle analysis and how you can use the analysis in the development of an equipment strategy.
Warren and Olver are able to explain the importance of maintaining good asset failure data and asset failure risk to influence the design of new systems.
A good understanding of the correlation between system or asset availability and business impact will always result in the best possible engineering design and system strategies. Although the case study is an evaluation of a pump system design, these concepts can/should be applied to any asset or system category regardless of size or complexity.
Ramon Diaz, CMRP
Meridium
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