Review of Asset Management practices for non-UK rail infrastructure owner-operator

A non-UK railway infrastructure owner-operator wanted to understand what the railway ‘state of the art’ was for management of systems assets such as passenger information systems, Heating Ventilation and Aircon (HVAC), signalling and rolling stock systems.  These typically adopt a different performance and functionality profile to the ‘sawtooth’ degradation profile of civil engineering or mechanical assets.

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In particular, the client wanted to understand to what extent their asset management processes were in line with international rail asset management standards and academic research on the topic.

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KPMG asked Cadenza to bring domain expertise in the rail and asset management sectors.  We provided independent review of the client’s electrical and electro-mechanical asset management plans and compared them against other leading international railway organisations. 

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This included significant research of more than 45 academic papers and international standards to identify current best theory and best practice for asset management of similar assets.  We were then able to provide clear guidance on where and why the client could make changes to its own approaches.