[Asset management] is the coordinated activity of an organization to realize value from assets…through the balancing of costs, risks, opportunities and performance benefits.

-The Institute of Asset Management*

Asset Management

Clients who operate equipment, plant, and rolling stock assets benefit from having asset management strategies and systems to achieve the best return on investment from those assets. Blue Monarch Management can help you address your asset management needs, whether through facilitating the development of a holistic asset management strategy or addressing more focused topics such as: asset management leadership; asset performance; asset management plans; capital planning and lifecycle management; enterprise asset management systems (EAM) and computerized maintenance management systems (CMMS); operations and maintenance organizational design; risk and issue management; asset-related policy; operating procedures; asset management systems; regulatory work; and integration into health and safety management systems.

We instill rigorous and disciplined decision-making to help you get the best value from your assets

Let’s discuss how asset management practices can benefit your business

Blue Monarch Management Service Principles

We encourage our clients to operate with a management system approach (PLAN – DO – CHECK – ACT) with strong alignment across planning, execution, governance, and continual improvement in asset management. Our principled approach drives informed alignment between competing commercial, operational, and financial priorities.
  • Systematic, evidence-based approach
  • Integrated systems perspective
  • Active stakeholder engagement and empowerment
  • Build a case for tangible benefits

Some Key Potential Benefits

  • Improvements in operational safety
  • Improvements in the ability to meet regulatory obligations
  • Ability to evaluate strategies that change the mix between performance, cost and risk
  • Total cost of asset ownership reduction
*The Institute of Asset Management. “Asset Management – an anatomy. Version 3.” December 2015.