Making Asset Management Possible

Asset Management

From strategy to execution, throughout the asset lifecycle

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Aging assets are a concern for any business. That’s why we created an asset management framework that is driven by data - giving our clients the insight they need for their capital and maintenance investment plans.

Our certified asset management assessors (CAMA) work with our engineers, economists, and statisticians to deliver robust, accurate, and justifiable technical and economic insights that empower companies to manage their assets optimally.

We focus on continuous improvement and cost efficiencies, helping companies appropriately prioritize how time and money is spent in fixing critical problems with their assets.

Graphic: ISO 55000[RO29] [M30]  / IAM / WPIAM

METSCO aligns your organization with the international standard for asset management.[31]

Asset Performance and Health

Optimizing asset performance is a core objective for all our projects. We provide clients with a broad overview of asset performance, as well as detailed, asset-level analytics down to the most granular of levels (e.g. project, feeder, or system level).

Our experts pioneered the asset condition assessment (ACA) framework and the production of the Health Index - designed to quantify the condition of assets based upon in-field visual inspection, testing and monitoring data.

Our industry knowledge, maintenance practices, and consultant experience all come together to determine the end-of-life criteria for your assets. Better yet, we consolidate and compile all of this information into one dashboard – a single source of truth about your asset performance.

Our Asset Condition Assessment (ACA) Framework has been implemented in dozens of leading utilities and regulatory environments.

33%

Average increase in approved capital spending.

4

Full-time workers freed up
from manual processes.

Infrastructure Planning and Analysis

Our asset management frameworks consider age, condition, failure probability and criticality, and more, to continuously determine quantified risks of failure for assets within your system. This risk is then balanced against the investment cost necessary to mitigate it, so the economic end-of-life criteria can be determined for assets and inform vital processes like spare management.

The insight our framework captures can be leveraged to solve discrete system-level or asset-level issues, and support root-cause failure analysis and post-mortem investigations. Companies can also validate results against in-field findings during project executions.

By designing our framework with this ‘full-circle’ philosophy in mind, we can achieve what we set out to in all projects - continuous improvement.

Asset Management as a Service

We have designed our asset management frameworks to spur a continuous cycle that optimizes the overall performance of your organization.

Client Reviews / Testimonials

That’s why we offer our asset management expertise as an ongoing service, delivered by an integrated team that works hand-in-hand within your organization. Acting as an extension of your team, we can help you close gaps in between reporting cycles – today, tomorrow, and well into the future.

FEATURE 
Case Study

METSCO & Asset Management

EPCOR wanted to gain a better understanding of its distribution assets’ lifespans, predicting when they might fail and the potential cost implications to put appropriate capital investment plans in place. METSCO’s expert asset management team came on board to help the Edmonton utility provider not only evaluate the current state of its assets, but also use an innovative risk methodology to establish a reliability projection for the next 10 years that would help EPCOR to continue serving its Albertan community.

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Case Study

FEATURE 
Case Study

Large Northern Generation, Transmission & Distribution Utility – Asset Management Framework

A large Northern generation, transmission & distribution utility needed to develop a right-sized asset management (AM) framework which consisted of collecting data, developing processes and frameworks and documenting asset plans to efficiently optimize their capital and O&M asset strategies.

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Case Study

FEATURE 
Project Profile

Framework for Deriving Failure Probability Functions for Underground Cables

Underground cables introduce greater risks and complexities versus other distribution assets, due to the limited ability to visually inspect cables, along with the high cost to replace these assets when they reach end-of-life. Recognizing the importance for utilities to be able to proactively forecast when underground cable will fail and when replacements must take place, CEATI wanted to develop a guide for instructing utilities how to derive failure probability functions for underground cables leveraging their own available data.

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Project Profile

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The Team

Meet the team of industry veterans and passionate young minds that make METSCO’s out-of-the-box thinking possible.

Mike Fiorini

Vice President, Asset Infrastructure & Advisory

BA

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Mike Fiorini

Alex Ferguson

Manager, Infrastructure Advisory

M. Eng.

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Alex Ferguson

Kurtis Martin-Sturmey

Manager, Infrastructure Advisory

P. Eng

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Kurtis Martin-Sturmey

Dawid Lizak

Manager, Infrastructure Advisory

B.A.Sc., M.Eng.

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Dawid Lizak

Travis Squires

Manager, Data Science

Ph.D.

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Travis Squires

Peter Nearing

Regional Manager - West

M.Eng., PMP

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Peter Nearing

Dhruv Patel

Regional Manager - East

P.Eng.

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Dhruv Patel

Robert Otal

Executive Director

P. Eng., CAMA

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Robert Otal

Dave Jutla

Senior Associate

M.Sc., P. Eng.

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Dave Jutla

Glen Winn

Senior Associate

P.Eng., MBA, B.Comm

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Glen Winn

Peter Dick

Senior Associate

M.Sc., P.Eng.

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Peter Dick

William Chisholm

Senior Associate

Ph.D., P.Eng., M.Eng.

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William Chisholm

Charlie Hogarth

Senior Associate

MBA, PMP

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Charlie Hogarth

Syeda Fatima

Associate, EIT

M. Eng., B. Eng.

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Syeda Fatima

Onyibo Nwankwo

Associate, EIT

M. Eng, B. Eng.

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Onyibo Nwankwo

Aziz Rana

Associate, Engineer in Training

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Aziz Rana

Nirvaan Bhagwandass

Associate, EIT

B. Eng., CAPM

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Nirvaan Bhagwandass

Ravi Baporai

Associate, EIT

B. Eng.

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Ravi Baporai

Pallika Das

Training & Development Specialist

BA, Psychology, MA, Applied Psychology

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Pallika Das

Daryn Thompson

Smart Grid/Renewables & Planning Specialist

P.Eng., B.A.Sc.

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Daryn Thompson

Get started today and experience the METSCO difference.

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