The operational success of a facility depends on the alignment of three key disciplines: reliability, safety, and maintenance. The process begins with an in-depth understanding of the assets, energy, people, tasks, and potential risks involved. The results are measurable, valuable, and impactful.
This paper is a continuation of Part A, published on July 31, 2023, apropos a 7 step approach to assess and measure the condition of ageing assetswith respect to physical degradation, loss of performance, and obsolescence.
Asset condition assessment (ACA), asset health index (AHI), and asset remaining life (RL) all have the same essence, and all share a common goal: to assess and measure the condition of an asset in terms of physical degradation, loss of performance, and obsolescence.
Machine learning technology can now predict equipment failures weeks in advance. But once you know a major failure is imminent, what next? How do you decide when and how to perform the repair to maximize productivity and minimize risk? Maintenance wants to carry out the repair quickly in the safest, most well-planned way. Operations wants to maintain production and is resistant to shut down until necessary. Planning and scheduling seek to assure timely product deliveries to
In a first of its kind initiative in India, an asset performance management (APM) was implemented focusing asset integrity management for the Oil & Gas major covering risk-based inspection (RBI) and reliability-centered maintenance (RCM) practices to facilitate the strategies for static and rotary assets.
Great Western Railway (GWR) is train operating company (TOC) operating under U.K. Government franchise that is awarded every four years and utilizes network rail infrastructure - depots, track and stations. Plant and Facilities Maintenance is an essential team, supporting GWR in delivering the aim/vision, "Railway of the Future." To practice asset management, our assets needed to be identified, ranked, assessed, managed and knowledge extracted.
The aim of the project is to set-up and run preventive maintenance in SAP PM module with all necessary activities and preparation, implementation for HCC Complex with auto generation of work orders and all related processes.
This article takes you through the birth of RTI, explaining what RTI is, why it was created, where it fits into a maintenance reliability program strategy, how it is conducted and showing it in action with some actual results.
Consider this scenario: You are finalizing the planning of your company’s next major maintenance outage or capital project and are concerned the timeline is too tight and your team is small. You communicate this to management and...
If you work for an asset intensive organization and your role involves ensuring value from assets, you are unlikely to organize the world by software applications as software marketing professionals or software analysts’ do in order to describe these applications and functions to chief information officers, IT leaders or other chief officers.
The safety of workers should be part of the mission of your organization. If it isn’t, do something about it!
The fact is, shop safety in the U.S. and Europe has dramatically improved over the past few decades. Many unsafe acts accepted in the past are forbidden today. The idea of working without fall protection or lockout-tagout (LOTO) procedures is widely condemned by workers, management and supervision. Still, too many people get grievously hurt or even killed at work.
ISO27001 is a quality standards specification for information security management systems (ISMS). The ISMS is an overall framework that encapsulates business procedures and policies pertaining to the control of a company’s information security risk management processes. It covers physical, technical and regulatory controls.
This article is Part 2 of a two-part series focusing on risk as an enabler for asset management (AM). Part 1 argued the case for moving away from criticality to an ISO31000 risk-based approach. This part will address how to effectively model asset risk in complex systems.