RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS

Effective asset management is crucial in the power plant industry to maintain operational reliability and minimize maintenance costs. The ability to accurately predict asset conditions is key to making informed decisions regarding maintenance and asset replacement. This research aims to develop a...

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Main Author: Ghafur Abdulah W.S., Muhammad
Format: Theses
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/86666
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:86666
spelling id-itb.:866662024-12-16T07:42:25ZRANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS Ghafur Abdulah W.S., Muhammad Indonesia Theses predictive modeling, random forest, power plant, asset health management, feature selection. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/86666 Effective asset management is crucial in the power plant industry to maintain operational reliability and minimize maintenance costs. The ability to accurately predict asset conditions is key to making informed decisions regarding maintenance and asset replacement. This research aims to develop a predictive model using the Random Forest method for enhancing asset health management and maintenance in power plants operated by a major power generation company in Indonesia. The dataset used includes information such as Asset Criticality Ranking (ACR), ACRRANK, System Criticality Ranking (SCR), Equipment Criticality Ranking (ECR), and Maintenance Priority Index (MPI). The results demonstrate that the Random Forest model achieves a predictive accuracy of 95% in predicting asset conditions. Feature importance analysis reveals that MPI has the most significant influence in predicting asset conditions, followed by ACR, ACRRANK and SCR. This information can be utilized as a basis for decision-making regarding maintenance and asset replacement, as well as identifying areas that require improvement to maintain operational reliability in power plants. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description Effective asset management is crucial in the power plant industry to maintain operational reliability and minimize maintenance costs. The ability to accurately predict asset conditions is key to making informed decisions regarding maintenance and asset replacement. This research aims to develop a predictive model using the Random Forest method for enhancing asset health management and maintenance in power plants operated by a major power generation company in Indonesia. The dataset used includes information such as Asset Criticality Ranking (ACR), ACRRANK, System Criticality Ranking (SCR), Equipment Criticality Ranking (ECR), and Maintenance Priority Index (MPI). The results demonstrate that the Random Forest model achieves a predictive accuracy of 95% in predicting asset conditions. Feature importance analysis reveals that MPI has the most significant influence in predicting asset conditions, followed by ACR, ACRRANK and SCR. This information can be utilized as a basis for decision-making regarding maintenance and asset replacement, as well as identifying areas that require improvement to maintain operational reliability in power plants.
format Theses
author Ghafur Abdulah W.S., Muhammad
spellingShingle Ghafur Abdulah W.S., Muhammad
RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS
author_facet Ghafur Abdulah W.S., Muhammad
author_sort Ghafur Abdulah W.S., Muhammad
title RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS
title_short RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS
title_full RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS
title_fullStr RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS
title_full_unstemmed RANDOM FOREST-BASED PREDICTIVE MODEL FOR OPTIMIZING ASSET HEALTH MANAGEMENT IN POWER PLANTS
title_sort random forest-based predictive model for optimizing asset health management in power plants
url https://digilib.itb.ac.id/gdl/view/86666
_version_ 1822283478503260160