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 Nuclear Asset Management: Standard Nuclear Performance Model 
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Nuclear plant performance has come a long way over the past decade, allowing for a resurgence in nuclear power. As plants operate through their current licenses and into an extended life, continuous improvement will ensure money stays in the bank!

The organization view of the nuclear plant allows management to budget for and manage plant costs at the responsibility level, while the Standard Nuclear Performance Model (SNPM) view provides a standard method to benchmark "value-added processes," which leads to future improvement. While there is certainly value to the organization view, it doesn't provide a basis for benchmarking and cost comparison, which plants need to fully understand where improvements must take place. SNPM benchmarking allows management to determine, in detail, where operations fall compared to peers and points to expenditure allocation. It also highlights work-practice areas to maintain or even improve performance.

Sustaining and advancing the recent gains in plant performance will require a commitment to achieve continuous improvement in plant operations. Lasting improvement is achieved by setting well thought-out financial and operation goals, derived through sophisticated, insightful analysis. While managing at the department level will determine how the department is performing against the budget, it won't determine whether the budget target is a good target or not. Combining the organizational approach with the SNPM in a single solution provides short-term and long-term management tools and allows management to set greater goals for the future.

For more information on the SNPM, read MCR's article, A Proven Approach: Implementing the Standard Nuclear Performance Model for Continuous Improvement.

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