Capital preservation & asset utilization in maintenance
Our Lifecycle Planner is a comprehensive, data-driven platform designed to optimize asset management. Empowering operators to both improve efficiency and reduce costs.
The benefits
The benefits of Lifecycle Planner
Lifecycle Planner delivers tangible operational benefits for tank operators:
Enhanced control and governance over repair scope execution
Standardized fit-for-purpose repair proposals aligned with industry standards
Improved knowledge transfer for tank engineers through system-generated recommendations
Significant cost reduction through optimized maintenance planning
Longer asset lifespan by addressing structural risks early
Better budget accuracy with reduced contingency requirements
Consistent repair decisions through benchmarking capabilities
Improved compliance with industry standards and regulations
Enhanced collaboration between inspection and maintenance teams
The challenges
The critical challenges facing tank operators
Tank terminal operations are inherently complex. Requiring coordination, skilled personnel, and efficient workflows to ensure safety, cost-effectiveness and regulatory compliance. However, there are universal challenges that continue to hinder operational efficiency and increase risks for all operators.
Dependency on third-party contractors to define scope and budget, leading to inconsistent repair decisions;
Extended decision time required for repair scope after out-of-service inspection;
Limited control and governance over scope execution and completion;
Inconsistent repair decisions for similar degradation mechanisms;
Budget inaccuracy resulting in additional work or high contingency reserves;
Information fragmentation with critical tank data stored in various formats and locations;
Compliance concerns with varying interpretation of fit-for-purpose requirements;
Inconsistent inspection quality making damage assessment subjective and unreliable.
With increasing regulatory pressure, safety concerns and financial burdens of reactive maintenance, tank operators need a smarter, more proactive approach to maintenance planning.
Data-driven
Data-driven maintenance optimization
To address these challenges, we have developed Lifecycle Planner. This comprehensive solution transforms tank maintenance planning by integrating inspection data with advanced decision support tools to provide standardized, efficient maintenance strategies.
Lifecycle Planner provides asset owners with complete control over the maintenance planning process, from initial scoping to final execution. The platform automates repair recommendations based on industry standards (API-653 and EEMUA-159), ensuring consistent, quality-driven maintenance decisions across your organization.
By centralizing all tank-related information in a single digital platform, Lifecycle Planner eliminates information silos and creates a unified source of truth for all stakeholders involved in the maintenance process.
Functionality
How does Lifecycle Planner work?
Lifecycle Planner integrates with inspection data from Condition Monitor and your existing maintenance management system to deliver comprehensive planning capabilities:
Automated Repair Recommendations
Lifecycle Planner automatically generates fit-for-purpose repair scope proposals based on inspection data and fit-for-service analysis. The system evaluates different repair strategies, showing their impact on remaining lifetime and next inspection intervals, allowing operators to make informed decisions.
Lifecycle Planner automatically generates fit-for-purpose repair scope proposals based on inspection data and fit-for-service analysis. The system evaluates different repair strategies, showing their impact on remaining lifetime and next inspection intervals, allowing operators to make informed decisions.
Comprehensive Planning Support
Create, compare and optimize multiple scope scenarios with different strategies
Generate accurate budget estimates based on preconfigured rates and country factors
Develop realistic project timelines for maintenance activities
Standardized budget estimates
Organize and summarize scope items into standardized categories
Contingency budgeting based on confidence levels and planning horizons
Multi-Currency Support
Budget calculations presented in both Euros and local currency
Automatic application of appropriate exchange rates
Integration with Enterprise Systems
Seamless data exchange with Falcker Condition Monitor for inspection results
Integration with maintenance management systems (like Hexagon EAM, IBM Maximo or IFS Ultimo)
Support for document management and reference documentation
Implementation
How is Lifecycle Planner implemented?
We follow a proven implementation methodology when onboarding new Lifecycle Planner customers:
1
Kick-off phase
Align stakeholders, establish user access, and define implementation goals.
2
Execution
Configure the system, import historical data, and customize documentation.
3
Launch and training
Train key personnel on navigation, features, and practical use cases.
4
Ongoing support
Monitor usage, gather feedback, and expand functionality over time.
Reach out to our team of experts.
Get in touch with our team directly.
+31 10 397 13 50Or send an email to
info@falcker.comFind the right solution for you