Asset Management and Asset Condition Management
Asset Management
We provide expert services in the definition, implementation, and management of asset management strategies tailored to the specific requirements of the client. Our goal is to ensure that assets are effectively managed throughout their lifecycle, from the initial implementation to contract expiry/exit, as well as during the ongoing operations of facilities.
Webb Evans provide support that empowers organisations to achieve excellence in Asset Management through the implementation of ISO 55001. ISO 55001 is the global standard for asset management, providing a structured approach to managing the lifecycle of assets efficiently, reducing risks, and optimising performance. Our consultancy services guide you through the process of defining, implementing, and maintaining an ISO 55001- compliant asset management system that maximises the value of your assets and ensures alignment with industry best practices.
This includes:
Asset Management System Design & Implementation:
Our experts design and implement a tailored Asset Management System (AMS) that adheres to ISO 55001. We provide a comprehensive roadmap for aligning your organisation’s asset management processes with ISO standards, ensuring that asset lifecycle management, risk management, and performance monitoring are seamlessly integrated.
Asset Strategy Development:
We work closely with your team to develop an asset management strategy that aligns with your organisational goals, business needs, and ISO 55001 principles. This includes defining asset objectives, risk management frameworks, and performance indicators that ensure the efficiency and effectiveness of your asset management practices.
Asset Management Plans & Technical Standards:
We will identify gaps and support you to develop asset management plans to address each aspect of your asset portfolio. We can define your asset management plans, liaising with all key stakeholders, and develop maintenance strategies and technical standards. We will advise and support you in the definition and implementation of SFG20 and other industry standards to optimise your PPM programmes and maintenance regimes.
Lifecycle Asset Management:
From asset acquisition to asset disposal, we guide you through the full asset lifecycle. Our approach ensures that every stage—from procurement and maintenance to decommissioning—is optimised for performance, risk reduction, and cost-effectiveness.
Performance Measurement & Continuous Improvement: We help you implement robust metrics and key performance indicators (KPIs) to monitor asset performance and develop processes for ongoing optimisation. This ensures that your asset management system remains agile and effective over time.
Risk Management in Asset Management: We work with you to develop a risk-based approach to asset management that identifies, evaluates, and mitigates risks to ensure asset reliability and operational continuity.
Compliance & Regulatory Support:
Our consultants ensure that your asset management practices comply with relevant regulatory requirements. We have established frameworks for the delivery of assessment of statutory compliance, at all levels. This includes carrying out audits, documentation reviews, reviews and assessment of processes, procedures and practices, PPM delivery, asset data management, contract terms and compliance, supply chain performance and continuous monitoring to maintain compliance across all asset management processes.
Technology Integration for Asset Management: Effective asset management requires effective data and technology integration, providing accurate management information to enable decision-making. We help implement state-of-the-art technologies such as Computerised Facilities Management Systems (CAFM), allowing for real-time tracking and performance analysis of your assets.
Preventive and Predictive Maintenance:
We define, implement and manage preventive maintenance schedules to reduce downtime and costly repairs. Our approach includes predictive maintenance practices, using data and technology to anticipate issues before they arise, reducing the risk of unexpected failures and extending asset lifespans.
Sustainability and Energy Efficiency:
Our team focuses on the management of energy-efficient assets, ensuring that facilities operate sustainably and comply with environmental standards. We help clients optimise their energy usage, reduce waste, and implement green technologies that contribute to sustainability goals.
Asset Optimisation and Performance Improvement:
We continuously assess the performance of all assets, recommending and implementing strategies for optimisation. Our goal is to improve operational efficiency, reduce costs, and enhance the performance of all assets within the facility, ensuring maximum value is derived from investments.
Asset Management Services for PFI Contracts:
Our asset management services within the PFI sector are designed to help organisations maximise the value, performance, and longevity of assets within the framework of PFI contracts:
- Asset Management Strategy Definition:
We work with clients to develop comprehensive asset management strategies
that align with the objectives of the PFI contract. This includes defining
key performance indicators (KPIs) for asset performance, identifying the
appropriate asset lifecycle models, and ensuring the strategy aligns with
long-term financial and operational goals. - Asset Register Creation & Maintenance:
We assist in the creation of detailed asset registers that track all
physical assets associated with the PFI project. Our team ensures that
these registers are continually updated and accurately reflect the asset’s
condition, value, and operational status. - Asset Performance Monitoring & Reporting:
Our team establishes systems for continuous monitoring and regular
reporting of asset performance. We use industry best practices to assess
asset reliability, operational efficiency, and maintenance requirements,
ensuring that assets are functioning at their optimal capacity and meet
contract standards. - Lifecycle Management:
We support with the definition of robust systems and processes to manage
the entire lifecycle of assets from acquisition through to disposal. This
includes managing preventive and corrective maintenance, overseeing
refurbishment and replacement schedules (lifecycle works planning), and
ensuring that all assets are maintained in line with regulatory
requirements and contractual terms.
- Cost Optimisation and Value for Money:
We focus on optimising the cost of asset management, ensuring that resources are allocated efficiently while maintaining high standards of asset performance. Our experts work to identify opportunities for cost savings, reduce operational inefficiencies, and enhance value for money throughout the asset lifecycle.
Asset Management at PFI Contract Expiry:
As PFI contracts near expiry, the management of assets and condition becomes critical for a smooth transition. Our services during the expiry phase ensure that assets are handed over properly and in optimal condition:
- Exit Planning & Asset Handover:
We help clients develop a structured exit strategy, ensuring that all assets are transitioned smoothly from the private sector contractor to the public sector or a new service provider. Our team ensures that all handover processes are legally compliant, well-documented, and minimise operational disruption. - Asset Condition Assessment & Reporting:
Before the end of the PFI contract, we conduct thorough assessments of all assets, ensuring that they meet contractual conditions and performance standards. We will define your survey scope, support procurement and selection of your surveying partner, plan and manage the survey programme and monitor delivery. We will quality assure the output from your survey partners and work collaboratively to ensure that the remedial works are defined and agreed between all parties. - Remedial Works Management: We will support the relevant parties with the development of remedial works plans, protocols for managing the programme, reporting progress, notifying completion, signing off works and managing the data to ensure retention release (where retentions apply).
By partnering with Webb Evans, you can ensure that your asset management strategy is fully aligned with the goals of your organisation, PFI contracts and facilities management needs. Our expert services provide a structured approach to managing assets throughout their lifecycle, enhancing performance, reducing costs, and ensuring smooth transitions during contract expiry and beyond.