WELL-CONSIDERED ASSET INVESTMENT DECISIONS

How do you create the most value for customers and partners with your available budget? How do you continue to meet the demands of stakeholders and ensure financial continuity? How do you respond to changing circumstances and needs? Are the risks of delaying investments clear? With a well-thought-out financial planning process, you can control strategic risks and make transparent, well-founded investment decisions.

WHY A PREDICTABLE AND RELIABLE PLANNING IS CRUCIAL

Often, there is insufficient insight into the condition and lifetime of critical assets, resulting in insufficient financial resources when failure occurs. It is important to have a clear picture of market developments, societal changes, and the needs of stakeholders. Climate adaptation, emission reduction, and the energy transition impose new demands on organizations and their assets, often involving significant investments. Insight into the state of assets, especially their remaining lifetime, the size, and the desired timing of available resources, is crucial.

Organizations must allocate and manage their budgets as effectively as possible over the long term. Priorities must be clearly and well-founded. Expenditures must be optimized accordingly while achieving all expected results. A consistent approach to planning and a comprehensive view of all investment needs within the organization are necessary.

This way, as an organization, you strive for a predictive capability with a high degree of reliability. You succeed in making a well-founded choice from multiple scenarios based on a clear assessment framework. This assessment framework is driven by the strategic objectives and business values of your organization. The organization has no trouble justifying investment decisions and making the impact clear.

Do you want insight into the financial value and resources required? This is possible with a well-supported financial planning process. We can help you.

THIS RESULTS IN:

• Being in control of the prioritization and allocation of financial resources
• A well-supported and transparent decision-making process
• Risk reduction of assets
• A better understanding of the desired resilience
• Insight into the life cycle costs and consequences if you deviate from them

IES ENGINEERS HELP YOU GAIN control

A collaboration with IES? We work with you to establish a common goal based on your requirements, and our approach is always tailored to your unique situation. Our philosophy emphasizes the importance of the people behind the technology, and we aim to achieve lasting change within your organization by prioritizing the human element.

TO PROVIDE THIS SERVICE, WE USE:

• Strategic risk framework and decision-making criteria
• Multi-year investment and maintenance planning
• End of Life decision-making model
• Asset Intensive Business Operating Model (AIBOM) – a reference model for an asset management system based on best practices
• Asset management policy
• Strategic Asset Management Plan (SAMP)

Want to know more? Feel free to contact Jan Mens for further information.

Contact us today.