Back to Speakers
Back to Workshops

11:05

11:40

March 6, 2025

Optimising Maintenance with Dynamic Equipment Criticality Analysis (ECA): A Data-Driven Approach

Perspective
Vision Stage
Day 01

Prioritising maintenance work is crucial in an environment where resources, time, and budget are limited. We must continuously adapt our approach to the ever-changing operational landscape to answer critical questions such as:

  • Which assets are the most critical to our operations?
  • Which lower-criticality equipment can have their maintenance deferred or moved to run-to-failure (RTF) strategies without increasing risk?
  • How does the failure of a single piece of equipment impact the overall system?

At Woodside, the traditional A/B/C equipment classification system proved insufficient for managing the risk of failure across our global fleet of over half a million assets. This method lacked the precision to prioritize truly critical equipment and assess potential risks to both people and the plant.

The Solution:
I was part of a team that developed and implemented a dynamic, data-driven Equipment Criticality Analysis (ECA) program. This new approach evaluates equipment based on 14 key parameters, assigning a score out of 100 to quantify its criticality. What sets this ECA apart is its live, dynamic nature—integrating with real-time data sources to automatically adjust criticality scores as operational conditions change. For example, if a piece of redundant equipment fails, the criticality of its backup automatically increases.

Key Achievements:

  • Successfully conducted ECA on over 200,000 pieces of equipment.
  • Transitioned from static to dynamic ECA, ensuring criticality scores remain relevant in real-time.
  • Leveraged ECA to reduce overall maintenance hours while maintaining operational safety.
  • Currently exploring ways to further integrate ECA into maintenance planning to optimise resource allocation.
Topics:

Asset Data Management and Utilisation

Undervaluing the Critical Role of Reliability Engineering

Speakers

Shereya Parashar
Shereya Parashar

Reliability SME

Woodside Energy

Related Sessions

Jonathan Peedell

Bentley Motors (UK)

Smart Factories, Smarter Solutions: Merging Old Assets with Industry 4.0 Innovation

David Kelly

Qantas

All Your Data in One Pane of Glass

Shereya Parashar

Woodside Energy

David Kelly

Qantas

Danielle White

BHP

Confronting Asset and Equipment Data Challenges Head On

6 March 2025

Perth Convention Centre

See you there!