The Asset Performance Management process represents the business cycle of APM, those activities that must be consistently executed to ensure optimal equipment performance and reliability on a sustainable basis. The successful implementation of the APM cycle within any organization is highly dependent on following through with the other 3 foundational elements of the Ivara WorkSmart methodology – Business, Organizational and Technology Alignment.

There are five (5) steps that make up the APM cycle (click on each to learn more):

• Strategy Development
• Reliability Program Implementation
• Performance Management
• Work Management Integration
• Analysis and Optimization