Asset Integrity KPIs Presentation - AIMS

Asset Integrity Management KPI

1. Key Performance Indicators (KPIs) for Asset Integrity Management System Presented to Senior Management of a Multinational Oil & Gas Company

2. Introduction Objective: Develop a comprehensive set of leading and lagging indicators for asset integrity management. Industry Standards Referenced: - API RP 754 (Process Safety Performance Indicators) - ISO 55000 (Asset Management) - OGP 456 (Key Performance Indicators for Asset Integrity) KPIs will monitor and visualize performance, providing actionable insights for maintaining asset integrity.

3. Leading Indicators 1. Integrity Operating Window (IOW) Compliance - Measures % of equipment within specified IOW limits. - Calculation: (Time within IOW / Total Operating Time) * 100 - Target: ≥ 95% 2. Preventive Maintenance Completion Rate - Measures adherence to scheduled preventive maintenance tasks. - Calculation: (Completed PM Tasks / Scheduled PM Tasks) * 100 - Target: 100% 3. Inspection Overdue Percentage - Percentage of overdue inspections on critical equipment. - Target: ≤ 5%

4. Lagging Indicators 1. Number of Asset Failures - Total number of asset integrity-related failures. - Target: 0 2. Mean Time Between Failures (MTBF) - Average time between asset failures. - Calculation: Total Operating Time / Number of Failures - Target: Increase year-on-year 3. Loss of Primary Containment (LOPC) Incidents - Number of LOPC incidents reported. - Target: 0

5. Visualization of KPIs on Dashboard - IOW Compliance: Color-coded visualization (Green ≥ 95%, Yellow 85-94%, Red < 85%) - Preventive Maintenance Completion: Pie chart showing completion vs overdue tasks. - MTBF & Equipment Failure Rate: Line graph showing trends over time. - LOPC Incidents: Bar chart highlighting incidents by equipment type. - Unplanned Downtime: Trendline showing year-over-year downtime comparison.

6. Preventive Maintenance Completion Rate

7. MTBF Trend Over Time

8. LOPC Incidents by Equipment Type