Network Management for Efficient Economic Planning

Strategic Asset Management with Long-Term Prognoses and Network Planning

The core process of network management uses data available in Lovion to support strategic decisions. Overall economic considerations regarding operating resources or groups of operating resources are based on existing technical and business data which subsequently lead to the implementation of a sustainable and optimized supply network. Decisions, their implementation in economic planning and operational realization are offered in a single, fully transparent IT solution. Embedding of the core process of network management into the entire business cycle is distinct from isolated solutions because evaluations are always based on current processes and technical data.


Asset Evaluation

The basic module in the core process network management is Lovion RATING. Assets and relevant data analyses are carried out here. The evaluation is done for individual assets as well as asset groups based on predefined calculation models. These are available for the divisions electricity, gas, water and district heating.

Prioritizing Assets

The condition and importance of individual assets, asset groups, asset structures and even entire networks kann be analyzed in Lovion RANKING using diagramms or lists. The prioritization of the required rehabilitation and maintenance measures can be done according to individual criteria that are adjustable. The prioritization is based on a RCM-Diagram (RCM - Reliability Centered Maintenance) where the condition and importance of the current asset evaluation is visualized.


Long-Term Prognoses for Network Planning

The product Lovion LIFECYCLE allows to investigate alternative action based on long-term simulations. Business aspects are considered along computer modelled technical evaluations. Long-term considerations serve the formulation of strategic network planning to provide a basis for short - and medium term economic planning within the system.

Creating and Monitoring Business Plans

Short - and medium-term economic planning is supported by the product Lovion INVEST. Lovion INVEST offers a transparent view on target - and actual costs through close integration with a business system (e.g. SAP). Economic planning is performed by mapping measures to budgets. Projects of several years' duration are supported by use of time slices. Several options can be considered during the planning phase to lead to an approved business plan. Modifications to the approved plan during the year are administered as a new version.

Important Features

  • Strategic and operative asset management
  • Assessment of technical and economic parameters
  • Network management on the basis of long-term prognoses
  • Transparent control and monitoring of budgets
  • Network accessment at the level of technical resources
  • Economic planning based on measures
  • Monitoring of budgets by orders
  • Based on ISO 55000er Series