Asset Management - Norda
Asset Management

Asset Management

The resilience of assets is becoming increasingly important due to various economic, operational, environmental, and societal challenges that are becoming unavoidable. 

Our clients can rely on our expertise in inspection and failure prevention at all stages of the lifecycle of their critical assets, enabling them to operate in a safer and more profitable manner. 

Our Approach to Asset Management
Focusing on the sustainability of assets has a direct positive impact on the environment, communities, the financial health of our clients, and workplace safety.

Norda Stelo has developed an approach tailored to clients’ needs, aimed at intelligently extending the lifespan of assets while ensuring proactive risk management and dynamic monitoring of their condition. 

Five Levels of Intervention

Diagnostic

Norda Stelo can respond to operational or organizational failures. Whether structural, related to foundations, environmental, or resulting from an accident, our experts can quickly intervene to establish a diagnosis and provide maintenance or repair recommendations. 

Static Health Assessment

This health assessment presents the current state of asset integrity and management. Norda Stelo conducts follow-up through general, annual, underwater, observational, special, and non-destructive inspections. We carry out damage assessments, evaluate risks, and propose intervention scenarios based on the asset lifecycle. 

Dynamic Health Assessment

Norda Stelo supports its clients in managing and maintaining their assets by implementing tracking tools such as the Stelar platform, which provides a corporate overview of opportunities and risks associated with assets. This assessment allows for the development of a medium- and long-term action plan to schedule inspections, maintenance work, reinforcements, or asset replacements. 

Guardian of Assets

Our team of asset management experts is dedicated to extending the lifecycle of critical assets while ensuring their performance, safety, and availability. We engage corporate stakeholders in a shared interest in prolonging asset lifespan, developing an asset optimization and risk mitigation plan. 

Partner for Societal Performance

Norda Stelo provides comprehensive support in responsible and sustainable corporate governance of assets to maximize their societal performance and positive impact on the planet. 

Gestion d'actifs
Our Asset Management Services

Asset Management Training

Norda Stelo designs training and coaching programs tailored to the needs of its customers, to provide them with asset management tools and raise their awareness about its importance. 

Maturity Level Analysis

Our experts can develop an action plan to help you achieve your goals and identify value-generating projects in the short term. 

Strategy and Planning

Through a strong asset management policy, Norda Stelo implements and deploys a strategic plan that aligns its clients’ business objectives with asset management. 

Information Management

Norda Stelo has mastered the art of planning, structuring, and highlighting data related to asset management. We can transform technical data into management information. 

Decision-Making Process

Through various workshops, Norda Stelo collaborates with its clients to develop a value-generating asset management framework tailored to their organization. 

Stelar

Push Decision-Making Forward

Stelar is a digital tool for optimizing asset performance and strategic planning, based on engineering expertise and featuring artificial intelligence algorithms. It provides the opportunity to collect, centralize, structure, value, and act on secure, high-value data, making Stelar an essential decision-support tool for any asset manager. 

Projects
Some Projects in Asset Management

Explore some of the most impactful projects that showcase our expertise and extensive engineering experience through our portfolio of exceptional achievements, reflecting our commitment to excellence. 

Ports

Asset Management Capacity Building

Responsible for the largest port in Eastern Canada, the Montreal Port Authority (MPA) has been consolidating its asset management approach for over a decade. This is a commendable and colossal effort, considering the scale and diversity of MPA’s asset base. As a true “sherpa”, our specialized team has been accompanying MPA since 2016 in the various stages of its journey towards optimized planning of its infrastructure investments.
Roads

Support in achieving excellence in asset management

The Jacques Cartier and Champlain Bridges Incorporated is responsible for five major road transportation and active mobility links in the Montreal region. Asset management has always played an important role for this entity, which is the guarantor of key infrastructures, some of which are almost a century old. This mandate aims to support PJCCI in its asset management practices, enabling them to develop a holistic vision supported by the most advanced asset management standards according to the IAM (Institute of Asset Management). Norda Stelo’s experts have been supporting and guiding the PJCCI corporation on this journey since 2016.