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good afternoon it works classic asset management methodologies are broken they take into consideration only three of these four elements internal external and material and they ignore nearly 60 percent of the cost of maintaining an asset this is estimated by the department of energy this was a challenge we had at the city of des moines how can we impact the bottom line cost of our organization and manage the assets more effectively we decided to be first responders basically when you buy a piece of equipment whether itamp;#39;s a pump a motor a fan two things start to happen it starts to use energy and it begins to degrade as this chart shows you to keep it from failing you use a maintenance program in the form of preventative or predictive maintenance this saves you money because it keeps your equipment from failing and keeps it operational upon implementation infor asset sustainability showed us immediately that our equipment was using more energy than it was designed to allowing us
