In the beginning, Dr. Peter W. Tse (Director, Smart Engineering Asset Management (SEAM) Laboratory, MEEM Dept, CityU) introduced the SEAM Laboratory and its achievement.
Global SEAM Consortium was formed for international cooperation and some achievements were shown as follows:
- The Research in pipeline integrity monitoring was awarded the National Science Foundation of China Fund.
- SEAM had developed an automatic fault detection and fuel saving system for power GENERATORS which funded by industries.
- Developed an on-road TRUCK’s instantaneous safety evaluation system through mobile/GPS based remote advisory and fleet management which supported by a state enterprise.
The speaker, Prof. Andy Koronios, who is the Head of the School of Computer & Information Science, Division of IT, Engineering & the Environment at University of South Australia. He has established two University Research Laboratories and a funded centre. He is currently the Research Program Leader of a federally funded centre for system integration in engineer asset management and has attracted more than $11M in research funding.
Firstly, Prof Koronios introduced Engineering Asset Management (EAM). Asset is divided into tangible and intangible. Integrated AM included acquisition, use, care, refurbishment, and/or disposal … divestment.
He said management don’t know where the assets are? What the asset’s condition? He questioned “Are you managing your risk?” Then he introduced EAM Frame-work and key stakeholders.
ICT as an enabler for EAM was discussed. The evolution chart for using ICT to increase capability in EAM was shown. ICT was used delivering the right Information to the right people at the right time.
The future is remote the rise of machines. The communication problem should be reduced.
Then he introduced CIEAM Research Program in which Collaboration Research Centre in EAM was under Gov-Industry-University Collaboration. (http://www.cieam.com/).
CIEAM Maturity Model was introduced.
Finally, Governance and standards was mentioned, especially PAS 55 and ISO 15926.
PAS 55 – "Asset management" is a Publicly Available Specification published by the British Standards Institution.
The standard is divided into two parts:
Part 1 - Specification for the optimized management of physical infrastructure assets
Part 2 - Guidelines for the application of PAS 55-1
ISO 15926 - "Industrial automation systems and integration — Integration of life-cycle data for process plants including oil and gas production facilities" is a standard for data integration, sharing, exchange, and hand-over between computer systems.
Dr. Winco Yung (Chairman of HKIE – MI division) presented souvenir.