TMU AM Hybinar No. 6

Role and Importance of Resilience and Engineering Asset Management at Times of Major, Large-Scale Instabilities and Disruptions

• Speaker: Dr. Dragan Komljenovic, Senior Research Scientist, Institut de recherche d’Hydro-Québec (IREQ)
• Time & Date: 14:10-15:30 EST, Friday, February 24, 2023,
• Location: Online
• Zoom Link: Please registration for the Zoom link. If you want to be included in the subscription list, please write to Dr. Arnold Yuan.

Abstract

Contemporary organizations function in a complex business and operational environment composed of closely interdependent systems. They are also complex by their internal structure, management and deployed modern technologies. This complexity is not always well understood and cannot be efficiently controlled. As the complexity and interdependencies increase, man-made systems become more unstable creating conditions for cascading, system-level failures causing serious threats to both themselves and society in general.

Such breakdowns may consist of a) serious physical damages and destruction of their physical assets (caused by natural disasters, extreme weather phenomena and climate change, malicious human actions, etc.), b) large functional disruptions with no physical damages of assets (caused by major organization’s internal disturbances, market crashes, pandemics, wars, disruptions of supply chains, etc.) or c) both. Those sources of risks are basically external to organizations. They are unable to control them but are deeply affected by those risks.
Recent examples of such functional disruptions include Covid-19 epidemic and the Russia-Ukraine war. It is affecting both all sectors of life and businesses worldwide. It convincingly shows that we need to think, plan and act globally in order to deal with such situations that will also take place in the future. Thus, organizations must find ways of coping with this reality to remain economically viable. We are of opinion that the concepts of structured Asset Management (AM) and resilience put together may provide an efficient framework in this regard.

Two case studies in a major North American electrical utility (Hydro-Quebec) demonstrate the applicability of this approach: i) during an exceptional ice storm with significant damages of its physical assets, and ii) coping with challenges of COVID-19 with no destruction of its physical assets.

About the Speaker

Dragan Komljenovic received his BSc at the University of Tuzla, his MSc at the University of Belgrade, his 1^st Ph.D. at Laval University (Quebec-City, Canada) in 2002 and 2^nd Ph.D. at the University of Quebec in Trois-Rivieres (UQTR), Canada in Industrial Engineering in the field of Engineering Asset Management in 2018. He works as a Senior Research Scientist at the Hydro- Quebec’s Research Institute (IREQ) in the field of reliability, asset management, risk analysis and maintenance optimization. Dragan worked almost 12 years as a Reliability and Nuclear Safety Engineer at the Gentilly- 2 Nuclear Power Plant, Hydro-Quebec. He collaborates with several universities in Canada and abroad. Dragan has published more than 90 refereed journal and conference papers. He is a Fellow of the International Society of Engineering Asset Management (ISEAM), and Vice- President of the Montreal Chapter of Society of Reliability Engineers (SRE). Dragan has the status of professional engineer in the province of Quebec, Canada.

https://www.hydroquebec.com/about/

Scopus Author Identifier:6505846970

ORICID ID:https://orcid.org/0000-0002-1542-4426

https://www.scopus.com/authid/detail.uri?authorId=6505846970

https://scholar.google.ca/citations?user=otcTRjQAAAAJ&hl=en