Update Asset Breakdown Structure

After an internal audit, one of our customers in the liquid bulk industry came to the conclusion that the list of safety critical equipment was not up to date while extensive modifications and extension projects had been executed. IP-Solutions was requested to support with identifying which of the available equipment could be classified as safety critical. During the execution of this activity it became clear that the Asset Breakdown Structure was incomplete and did not represent the as-is field situation. This has led to an extension of the improvement program to update and complete the Asset Breakdown Structure, including applying the right TAG-Coding structure. This up to date Asset Breakdown Structure was then used to execute Quick Failure Mode Criticality And Effect analyses to identify the safety critical equipment.