Excelling at Asset Management, lays the foundations for business performance. Increased pressure from regulators and customers, compounded by the impact of the credit crunch require businesses to demonstrate effective risk based approaches to the management of assets.

Over the last years PAS 55 has quickly gained the attention of regulators and major utility companies throughout Europe. Both OFGEM and OFWAT have given their support to PAS 55 and there is a growing number of companies adopting PAS 55 recognising asset management excellence as a critical element of their business process.

However meeting the criteria of PAS 55 is only the formal path to certification. The real challenge for utilities lies in securing risk based asset management in the entire organization, from Strategy to Operations.

Masterclass Programme

This masterclass will give an overall insight in the PAS 55 requirements. Moreover it will provide practical experiences from within the industry and will increase your understanding of good practise risk based asset management; How to align work orders and programs with the associated risks and the business values and corporate objectives reflecting stakeholder requirements.

The masterclass is exclusively designed for utilities attending the 2 day conference program.

Masterclass Leader Profile

Ed de Vroedt is a senior associate at UMS Group Europe and has over 14 years of consulting and management experience serving utility markets. He has extensive knowledge of risk based Asset Management, Performance Management and the management of change. His recent experience is to be found in large-scale organization transformation programs concerning asset management and delivery management in the energy and utilities markets. Prior to joining UMS, he worked at the Energy Company Nuon in the Netherlands where he held numerous positions including Asset Management of Infrastructures (Electricity, Gas, and Water).

This master class will-

• Give an overall insight into PAS 55 requirements, scope and coverage
• Address why good asset management is essential in for capital intensive businesses like the water sector
• Understand the purpose of asset management as well as get to know current context and key challenges
• Get familiar with the best practice asset management framework around operating model, processes, enabling technology and information management, and culture and competences
• Increase your understanding of ‘best practice’ risk based asset management
• Provide practical experiences and case studies from within the utility industry
• Give an insight how to create a mind shift towards doing what is really necessary for the asset, away from what given maintenance schedules and available resources tell us to do
• Provide an asset management organisational model where key business roles and responsibilities are clearly defined and separated
• Demonstrate how to align work orders and programs with associated risk and business values

This masterclass has been designed for Water Utilities
The masterclass is complementary for all water utility delegates who have registered for the 2 day conference. Space at this masterclass is strictly limited- register today to secure your space.

Click here to register

Join the PAS 55 Group on LinkedIn
This is a group for professionals both in-house practitioners and consultants globally dealing with PAS 55. The purpose of this group is to connect people in the utility industry to share knowledge and ideas and to provide a platform to discuss topics related to PAS 55 and asset management.

Proceedings and Timing:
Registration 13:30pm
Start: 14:00 pm
Finish: 17:00