4 entries found for "Asset Performance Management"

What Do Good Refining Corporate Cultures Look Like?

by Michael Hurley, 2/8/2026

Tags: API 580 API 581 Asset Performance Management Data Management HSE Human Factors Mechanical Integrity Process Safety Management RBMI Reliability Risk Risk Management Technology Training Value Work Process

In the refining industry, "culture" is often only analyzed after a failure occurs. However, a robust culture is defined by observable, repeatable behaviors and daily decisions made under pressure. This article outlines the seven practical attributes of high-performing refining organizations and demonstrates how alignment between leadership values and technical integrity creates a safer, more profitable operation.

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Execution Failures: The Main Cause of PSM Loss-of-Containment

by Michael Hurley, 1/21/2026

Tags: Asset Performance Management Mechanical Integrity Process Safety Management Risk Management

Investigations by the CSB and industry standards like API RP 754 reveal that the majority of loss-of-containment events are preventable through disciplined execution. While degradation mechanisms are often well understood and corrective actions identified, disasters frequently occur because repairs are delayed or inspections are deferred. This post explores how organizational accountability and robust governance can prevent these systemic breakdowns in PSM execution.

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Plant Management 101: Common Work Processes

by Michael Hurley, 3/3/2021

Tags: Asset Performance Management Data Collection Data Validation Mechanical Integrity Process Safety Management Reliability Risk Management Training Work Process

This article deals with the dysfunctionality found in many refineries, chemical plants, and other production facilities. This can lead a facility to not reaching its value and reliability goals. One of the main reasons for this dysfunctionality is facility departments not using a common asset management work process.

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Asset Value Management vs Asset Performance Management

by Michael Hurley, 2/16/2021

Tags: Asset Performance Management Mechanical Integrity Risk Based Inspection

VP of Technology, Mike Hurley, looks at the concept of Asset Value Management in the financial sector and compares it with Asset Performance Management (APM) with respect to our industry. He goes further to propose a new definition of AVM as applicable to the petrochemical industry and begins the conversation of AVM vs APM.

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4 entries found for "Asset Performance Management"

What Do Good Refining Corporate Cultures Look Like?

Execution Failures: The Main Cause of PSM Loss-of-Containment

Plant Management 101: Common Work Processes

Asset Value Management vs Asset Performance Management

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