Audits & assessments

Audits & assessments

After over 30 years running maintenance assessments worldwide, Siveco has shown that poor maintenance can drag down profits by up to 40%. Siveco audits & assessments align maintenance organizations and systems with corporate objectives as per ISO 55000 (or its Chinese equivalent GB/T 33172).

Companies tend to see maintenance as a necessary cost, often considered low in China (cheap labor, locally-made parts). Priority is being put on new investment, energy savings, safety, etc. seldom seen in relation to maintenance. Experience, on the contrary, shows that maintenance has a dynamic effect on the whole infrastructure. If maintenance is poor, the plant will never reach its full potential, safety risk will increase and the company will not be as profitable as it should be. 

Based on a unique experience combining both industrial maintenance expertise and consulting project in China, Siveco has developed a proven maintenance assessment methodology based on recognized standards such as ISO 55000  (or its Chinese equivalent GB/T 33172): an approach that has delivered results for many facility owners in China.

Maintenance improvement is often not about cutting budgets, but about improving effectiveness: indeed our studies show that you can save more than 10 times more money by acting on indirect costs and losses, i.e. the impact of maintenance on the business. But: where and how? This is the question we can answer.

The assessments are designed to answer such questions as:

  • Where and what are you excess costs and losses?
  • How to get more ROI from your CMMS/EAM without new investment?
  • Is your maintenance aligned with your risk management strategy?
  • Identify maintenance improvements and how to deliver them!




Our assessments are always tailor-made to each customer's specific case. We can however distinguish three types of assessments:

  • Maintenance organization assessment – focus on the organization and its processes
  • Maintenance system (CMMS/EAM) assessment – focus on your systems and their utilization
  • Condition assessment – focus on the equipment itself and its condition

Often our assessments combine components from all three types above to answer the key questions:

1. Where do you stand?

  • What is your situation now?
  • What are you getting for each RMB you spend on maintenance?

2. What could you gain?

  • What direct costs could easily be cut?
  • What would performance improvements deliver to the bottom line?
  • How much more flexible and "fit" for modern business would you become with world class maintenance?

3. How can you achieve your goals?

  • We provide action plans
  • Knowledge-base of best maintenance practice
  • Tools and services for implementing action plans

Siveco assessments always involve active cooperation between the customer's and Siveco teams, based on the following working principles:

  • Dedicated expert full time on your project
  • An on-site action focused on your main requirements, driven by a Siveco project manager, assisted by maintenance engineers
  • A partnership approach of our work: we recommend efficient, long-term solutions, and prepare your teams in a self-working organization

Confidentiality: Siveco will sign Non-Disclosure Agreements as required by customer.

Safety is non-negotiable: all Siveco employees will wear the necessary personal protection equipment when working on site.

Note that all Siveco projects are offered on a fixed price basis for the scope defined in an agreement.


The Siveco assessments are based on a standard assessment methodology that we have used in many projects across China, and on the professional expertise of our team members, always capable to adapt and improvise if needed.

Whenever applicable, international standards are used such as ISO 55000  (or its Chinese equivalent GB/T 33172), ISO 14224 Collection and exchange of reliability and maintenance data for equipment (alternatively, customer can request specific standards to be applied).

Assessments always comprise three main phases as shown in the figure:


The main deliverables for the assessment are:

  • Detailed assessment report (completed Excel document and analysis report, which would include, depending on the scope of assessment, pictures, work processes maps, etc.)
  • Recommendation report with related action plan. Recommendation report could include ROI estimates (if financial data was made available to Siveco).
  • Optionally, the above data and action plans in advanced electronic format (CMMS database) with possible follow-up services.

The report with our recommendations will be presented to the management team at the end of the project, after which discussions will take place. A final conclusion report will be drafted at the end of the session.