Asset Management & Assurance

Engineering-Driven Asset Governance, Integrity Assurance & Lifecycle Optimization

Ankaa Consulting supports Operators in designing, building, and assuring structured Asset Management systems that protect safety, sustain production, extend asset life, and ensure regulatory compliance.

Our approach integrates:

  • Asset structuring
  • Safety Critical governance
  • Risk-based prioritization
  • Maintenance system build
  • Integrity assurance
  • Digital traceability

We build systems that are technically sound, operationally practical, and audit-ready.

Core Development & Build Services

1) Asset Register & Hierarchy Build

A structured asset hierarchy is the foundation of maintenance, integrity, and assurance.

We develop:

  • Functional location hierarchy
  • Equipment tagging conventions
  • System and subsystem boundaries
  • Alignment with CMMS/EAM architecture
  • Integrity circuit and corrosion loop mapping (where applicable)

Deliverables

  • Structured asset register
  • Standard naming and tagging convention
  • Clean upload template for CMMS

2) SCE Identification & Development

We support structured identification of Safety Critical Elements (SCEs) to ensure risks are effectively controlled.

Scope includes:

  • Hazard and risk review
  • Barrier identification
  • SCE classification and justification
  • Linkage to performance standards
  • Integration into CMMS and assurance workflows

Deliverables

  • SCE register
  • Justification documentation
  • Linkage matrix to maintenance and inspection

3) Equipment Criticality Assessment (ECA) Development

Criticality drives prioritization.

We perform structured risk-based assessment considering:

  • Safety consequence
  • Environmental impact
  • Production loss
  • Financial exposure
  • Failure likelihood

Deliverables

  • Criticality matrix model
  • Ranked equipment list
  • Risk-based prioritization logic for maintenance and integrity

4) Site-Specific Performance Standards (SSPS)

Performance Standards define what “good” looks like for SCEs.

We develop:

  • Functional requirements
  • Performance requirements
  • Acceptance criteria
  • Verification methods
  • Evidence documentation requirements

Deliverables

  • Site-Specific Performance Standards pack
  • Verification matrix
  • Assurance schedule integration

5) ERS / ITPM Development

We develop structured:

  • Equipment Reliability Strategies (ERS)
  • Inspection & Test Plans (ITPM)
  • Integrity and verification routines

These ensure SCEs and critical equipment are:

  • Inspected appropriately
  • Maintained according to risk
  • Verified against performance standards

Deliverables

  • ERS documentation
  • ITPM matrices
  • Integration into maintenance plans

6) Maintenance Plan (M-Plan) & PMMS Upload Template Development

We design structured Maintenance Plans aligned to:

  • ECA outcomes
  • SCE requirements
  • OEM recommendations
  • Regulatory compliance
  • ERS / ITPM findings

We also develop:

  • PMMS upload templates
  • Structured task libraries
  • Frequency logic
  • Failure coding structure

Ready for upload into systems such as:

  • SAP PM
  • IBM Maximo
  • Other CMMS platforms

Deliverables

  • Complete M-Plan
  • PMMS structured upload file
  • Task standardization framework

7) Bill of Material (BOM) Development

Accurate BOM structures prevent downtime and procurement delays.

We support:

  • Equipment-to-spare linkage
  • Critical spare identification
  • Part number standardization
  • Duplicate elimination
  • Warehouse alignment

Deliverables

  • Structured BOM database
  • CMMS-ready spare linkage
  • Critical spare classification

Integrated Asset Management Framework

All components connect into a single assurance system:

Asset Register → SCE Identification → ECA → SSPS → ERS / ITPM → Maintenance Plan → CMMS → Assurance & Audit → Continuous Improvement

This ensures:

  • Risk-based prioritization
  • Maintenance effectiveness
  • Regulatory compliance
  • Audit traceability
  • Asset life extension
  • Cost optimization

Why Ankaa Consulting

  • Strong expertise across Integrity, Reliability, and Governance
  • Engineering-led methodology
  • CMMS configuration and digital integration capability
  • Audit-ready structured documentation
  • Practical implementation support

Strengthen your Asset Management and Assurance framework today.

Contact Ankaa Consulting for a structured assessment and implementation roadmap tailored to your facility.

Request For Free Demo / Quote

Schedule a 30 minute to 1hr call

In the 30-minute to 1hr call we will explain our services around Asset Management and Assurance, we will clarify all the queries you may have. The introduction will be scheduled over Microsoft Teams. The link to connect will be provided after reviewing the submission of the request for free discussion / demo form below.