5 Steps to Optimal Integrity and Performance Page 9 Philosophy and Strategy It is critical to determine the philosophy and strategy for the management of the asset to ensure that the business case is viable and that the asset can be managed as a whole to ALARP (As Low as Reasonably Practicable. Without a clear understanding of the assets value and longevity in relation to the location, age and production opportunity it is impossible to manage the integrity and performance of an asset and clearly communicate this through the asset team. The basis of this will determine the viability of the asset and will cascade through to all of the decisions as to what equipment is critical, what maintenance to perform and how often, and what the spares holding will be.
