Optimizing Asset Performance from Cradle to Grave
Asset Lifecycle Management (ALM) is the systematic approach to managing assets from acquisition through operation and maintenance to final disposal. It ensures that every stage of an asset’s life delivers optimal value while minimizing risks and total cost of ownership.
BQCIS provides strategic and technical advisory services based on Asset Integrity Management (AIM) and Reliability-Centered Maintenance (RCM) principles. Our approach combines engineering expertise, data analytics, and predictive inspection techniques to maximize uptime, reliability, and safety performance.
Whether extending asset life, implementing condition-based maintenance, or ensuring regulatory compliance, our experts support you with robust methodologies for managing performance, cost, and risk — optimizing both short- and long-term return on investment.
Key ALM Advisory Activities
Key Benefits of Our Advisory Support
Enhanced Asset Reliability
Our ALM framework minimizes unplanned outages and increases equipment availability through proactive maintenance strategies.
Reduced Lifecycle Costs
Implementing condition-based monitoring and optimization reduces maintenance expenses and extends asset value over time.
Regulatory & Integrity Assurance
Comprehensive inspection and verification programs ensure compliance with safety, environmental, and reliability standards.
Extended Asset Life
By combining integrity assessments with life-extension studies, BQCIS helps clients safely increase asset lifespan and performance efficiency.
Success Story
Life Extension Study Extends Pressure Vessel Operation by 10 Years
A refinery operator faced replacement of an aging pressure vessel nearing its 25-year design life. Replacement costs were high, but safety concerns demanded a technical justification for continued service.
BQCIS performed comprehensive corrosion mapping, ultrasonic thickness surveys, and fracture mechanics-based Fitness-for-Service analysis. The study demonstrated structural adequacy and defined inspection intervals to ensure safe operation beyond the original design life.
The engineering analysis allowed for a documented 10-year life extension without replacement, supported by a tailored risk-based inspection program. The client saved over $3M in immediate CAPEX while maintaining safety and compliance.