ASSET PERFORMANCE MANAGEMENT (APM)

TAKE OUR QUICK 7 QUESTION APM QUIZ

How much do you know about the challenges faced by today’s plant and grid operators?

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QUESTION #1

What percent of plant asset failure modes follow a typical usage and/or age pattern?

INCORRECT

Less than 5% of plant asset failure modes follow a typical usage and/or age pattern.

CORRECT

Less than 5% of plant asset failure modes follow a typical usage and/or age pattern.

QUESTION #2

What percent of the electric utility workforce is expected to retire in the next 5 years?

INCORRECT

30% of the electric utility workforce is expected to retire in the next 5 years.

CORRECT

30% of the electric utility workforce is expected to retire in the next 5 years.

QUESTION #3

On average, how many times does a typical 500MW combined cycle plant trip in a given year?

INCORRECT

On average, a typical 500MW combined cycle plant trips 3 times in a given year.

CORRECT

On average, a typical 500MW combined cycle plant trips 3 times in a given year.

QUESTION #4

According to industry research, which one of the following IS NOT a barrier that prevents power executives from fully activating a Big Data strategy?

INCORRECT

Consolidating disparate data sources, lack of talent and data security are all barriers that prevent full activation of a Big Data strategy. Cost is not a barrier.

CORRECT

Consolidating disparate data sources, lack of talent and data security are all barriers that prevent full activation of a Big Data strategy. Cost is not a barrier.

QUESTION #5

What percent of basic operations practice failures are related to human performance?

INCORRECT

More than 80% of basic operations practice failures are related to human performance.

CORRECT

More than 80% of basic operations practice failures are related to human performance.

QUESTION #6

How many minutes on average does it take to climb a wind turbine for maintenance?

INCORRECT

15 minutes is the average time it takes to climb a wind turbine. At 8 climbs per year, that equals 2 hours per turbine per year. With GE APM solutions, there is a 75% reduction in time spent climbing to focus on other issues.

CORRECT

15 minutes is the average time it takes to climb a wind turbine. At 8 climbs per year, that equals 2 hours per turbine per year. With GE APM solutions, there is a 75% reduction in time spent climbing to focus on other issues.

QUESTION #7

Which of the following is a benefit of Asset Performance Management (APM)?

CORRECT

All of these choices — improved safety, increased workforce mobility, prioritized operator action and proactive maintenance planning — are benefits of APM.

Want to see how APM can help across the Electricity Value Network? Explore the Resource Center to learn more.

GO TO THE APM RESOURCE CENTER