Condition Based Risk Maintenance (CBRM) / Asset Management
last 12 years EA Technology has developed and implemented a process known as
Condition Based Risk Management (CBRM).
The CBRM process is based on building the definition of current and
future condition and performance and quantifying risk by using asset
information, engineering knowledge and practical experience of the assets. The process utilises a well developed
methodology that has been successfully applied many times. However it is important to emphasise that the
process and the methodology are flexible, to enable the specific
characteristics and operational context for each group of assets to be
incorporated. Indeed this is an
essential requirement of the process.
CBRM is about turning detailed engineering
knowledge, experience and data into management information to support corporate
electricity companies are facing the challenge of managing ageing network
assets in a demanding regulatory environment.
In order to continue to operate with acceptable levels of performance it
will be important to manage renewal of ageing assets in an efficient and cost
effective manner. A CBRM program will allow electricity companies to build on their
experience and gain a full appreciation of the benefits to be realised through
the application of a risk based approach.