Defining Functional Requirements for APM Software

Client

A large mining organisation preparing to invest in Asset Performance Management (APM) software. The APM software will support the development of fit-for-purpose equipment strategies, and a repository for asset criticality information.

Challenge

The client needed to define clear, organisation-wide requirements for its APM initiative. Existing processes lacked structure and alignment, and there was a risk that vendor selection would be driven by technology hype and existing relationships rather than real business needs.

Objectives

  • Develop a complete set of functional and non-functional APM requirements
  • Align requirements with strategic goals and reliability engineering needs
  • Engage key stakeholders across maintenance, engineering, technology
  • Create a framework to support transparent vendor evaluation and solution design

Our Approach

Future Asset Management led a cross-functional discovery and design process. Key steps included:

  • Stakeholder workshops: We gathered insights from across departments to ensure broad input and buy-in.
  • Process mapping and gap analysis: We identified pain points and defined future-state targets.
  • Requirements documentation: We captured detailed, traceable requirements covering performance, integration, usability and scalability.
  • Evaluation frameworks: We developed tools to support upcoming RFPs and vendor shortlisting.

This structured approach ensured the final requirements reflected both strategic intent and operational realities. The result was a clear, comprehensive foundation for APM system procurement and deployment.

Results

  • Delivered a comprehensive, organisation-wide APM requirements framework
  • Achieved alignment across departments with diverse priorities
  • Positioned the client to confidently engage with vendors and solution integrators
  • Reduced project risk by embedding stakeholder ownership from the outset