Grant: Collaborative Research and Development Grants
Ryerson University
$40,000.00
Developing methods for measuring social, economic, and environmental impacts of maintenance activities for physical assets
EF 2019-20
Résumé
In accordance with sustainable development principles, companies are incorporating the triple bottom line (TBL) of sustainability- profit, people, and planet- into their strategic and action plans. Asset managers can play a significant role in creating a sustainable environment, by mitigating the negative impacts of physical assets on the TBL. This requires quantifying the impacts and measuring the contribution of maintenance activities.In this project, we aim to develop an asset sustainability dashboard that quantifies the economic, environmental, and social impacts of an equipment. It measures the impact of maintenance interventions on the TBL and provides a mechanism to improve a facility's overall sustainability performance. A number of statistical and decision analysis techniques will be used to derive the relationship between maintenance actions and sustainability indicators and to design an overall sustainability score for a system or a group of systems operating in a facility. The project will be conducted in two phases. First, the link between good maintenance, sustainability, and consequently the circular economy will be established using two activities: 1) a systematicreview of the scientific literature; and 2) a survey analysis among practitioners. This phase proves the positive impact of maintenance on sustainability indicators and reveals the potential contribution of preventive maintenance activities in financial, environmental, and social impacts. The sustainability indicators that are influenced by maintenance practices are also finalized in this phase. Second, a sustainability monitoring dashboard will be built to measure the relationship between the targeted indicators and information about the equipment, including preventive maintenance frequencies and its efficiency, corrective maintenance efficiency, failure records, and equipment age. Based on the quantified relationship, the current/future performance in all the targeted indicators will be measured/projected.
Programme
Collaborative Research and Development Grants
Bénéficiaire
Emplacement
Ontario, Canada
Type de bénéficiaire
Academia
Type
Grant
Source
NSERC's Awards Data
Tel que publié
Application id
539205-2019
Name nom
Taghipour, Sharareh
Department département
Mechanical and Industrial Engineering
Organization id
43
Institution établissement
Ryerson University
Province en
Ontario
Province fr
Ontario
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2019
Competition year année de concours
2019
Award amount
40000
Program id
CRDPJ
Program name en
Collaborative Research and Development Grants
Program name fr
Subventions de recherche et développement coopérative
Group en
RESEARCH PARTNERSHIPS
Group fr
PARTENARIATS DE RECHERCHE
Committee code
96
Committee name en
RPP Internal Decision Cttee
Committee name fr
Cté de décision interne - PPR
Area of application code
1002
Area of application group en
Northern development
Area of application group fr
Développement du nord
Area of application en
Environment
Area of application fr
Environnement
Research subject code
1600
Research subject group en
Industrial engineering
Research subject group fr
Génie industriel
Research subject en
Industrial engineering
Research subject fr
Génie industriel
Installment
inst:1 - 1
Partie
1
Nb partie
1
Application title
Developing methods for measuring social, economic, and environmental impacts of maintenance activities for physical assets
Keyword
NSERC
Application summary
In accordance with sustainable development principles, companies are incorporating the triple bottom line (TBL) of sustainability- profit, people, and planet- into their strategic and action plans. Asset managers can play a significant role in creating a sustainable environment, by mitigating the negative impacts of physical assets on the TBL. This requires quantifying the impacts and measuring the contribution of maintenance activities.In this project, we aim to develop an asset sustainability dashboard that quantifies the economic, environmental, and social impacts of an equipment. It measures the impact of maintenance interventions on the TBL and provides a mechanism to improve a facility's overall sustainability performance. A number of statistical and decision analysis techniques will be used to derive the relationship between maintenance actions and sustainability indicators and to design an overall sustainability score for a system or a group of systems operating in a facility. The project will be conducted in two phases. First, the link between good maintenance, sustainability, and consequently the circular economy will be established using two activities: 1) a systematicreview of the scientific literature; and 2) a survey analysis among practitioners. This phase proves the positive impact of maintenance on sustainability indicators and reveals the potential contribution of preventive maintenance activities in financial, environmental, and social impacts. The sustainability indicators that are influenced by maintenance practices are also finalized in this phase. Second, a sustainability monitoring dashboard will be built to measure the relationship between the targeted indicators and information about the equipment, including preventive maintenance frequencies and its efficiency, corrective maintenance efficiency, failure records, and equipment age. Based on the quantified relationship, the current/future performance in all the targeted indicators will be measured/projected.
