Optimizing Your PM Program

Optimizing Your PM Program

The RELIABILITY Conference - 33:38 
by Steve Turner, Nexus Global

In this session we will present two PM Optimization case studies in detail and results from several other asset intensive industries. One case study will be from a green field power generation station and the other from a water utility that had a mix of new and very old assets. In both cases it was found that the vendor recommendations needed significant adjustment to suit site and operational conditions. Remembering that “not one size fits all” is the same line of logic required when rationalizing your asset strategies. PM Optimization is the process to achieve the highest potential asset uptime and the most cost effective with a result delivered to the bottom line in 1/6 of the time.