The IRS OnLine Asset Management System is provided as a value added
service to IRS clients and is intended to promote and facilitate proactive
asset management practices which result in reduced life-cycle costs of your
facility assets. IRS assists each client in development and
implementation of a strategy to enhance and compliment each clients unique
business goals and objectives, leveraging our expertise to maximize efficiency
and reduce cost. An effective Asset Management Program requires the
gathering and organization of sufficient data to develop these three (3)
fundamental management tools.
Life-Cycle Cost Tracking enabling
fact based decisions regarding operating strategies which deliver the lowest
total life-cycle cost.
Capital Allocation Modeling
facilitates the allocation and prioritization of scarce capital resources
Financial Planning to
develop multi-year management plans, annual budgets and periodic forecasting of
capital and expense spending.
Cost Tracking, Capital Allocation Modeling and Financial Planning are
accomplished through Data Aquisition and Data Modeling:
Data Aquisition is accomplished by
review of historical and construction documents, field observations and
physical evaluations of each facility asset to be incorporated into the IRS
OnLine Asset Management System.
Data Modeling organizes the data
gathered into a functional data model. This allows the application or
development of, "client specific business rules" derived from our clients
unique business goals and objectives to the data. Once completed, clients
can test or develop the strategies and tactics necessary to achieve their
business goals and objectives. Finalized asset management strategies and
tactics can then be applied to their facility assets on a global,
national, regional or individual facility level.