Strategic Asset Management Implementation (SAMI)
Location
Middle East
SErvice(s) Provided
Asset management
Technical advisory
Strategic & organizational advisory
Elia Grid International helped the transmission system operator in Saudi Arabia to design and implement a centralized Asset Management organization with strong technical expertise and governance. This significant project included, among other things:
- The development of a new organization to support the asset management principles (e.g. line of sight, lifecycle optimization, risk management, experience feedback and continuous improvement);
- The staffing of this new entity with the adequate profiles and the organization of trainings;
- The review and improvement of existing processes and the introduction of new processes so as to comply with best practices of Asset Management;
- The creation of new governance committees so as to facilitate the decision making and brake down the silos in the organization;
- The definition of new strategies and policies (e.g. Asset Management Policy and Strategy, Asset Fleet Strategies, IT Strategy, Asset Risk Management Strategy, Asset Replacement Policies);
- The change management.