Benchmarking the Operational and Budgetary Effects of Reliability

by Jim Carrel, Forum Reliability, Inc.

Gain and cultivate executive sponsorship with financial data in the language of the executive suite.

Learning takeaways:

1. Develop an understanding of benchmarking and its use in budget justification and forecasting.
2. Forecast operating cost improvements from reliability and asset management.
3. Set realistic expectations for reliability-based capital projects.