The RELIABILITY Conference Asset Management Forum - 34:05
by Greg Perry

The foundation of any CMMS initiative is to understand, manage and improve the performance of the company's assets. In order to deliver on this premise, there must be an underlying hierarchical structure that governs those assets. There is no magical, predetermined asset structure, but there are underlying principles that any organization can use to develop their own asset hierarchy. With the right asset hierarchy, an organization can endeavor to improve asset performance through such Reliability Centered Maintenance (RCM) activities as Failure Modes & Effects Analysis (FMEA), and Root Cause Analysis (RCA).

This session will discuss the importance of structuring 3 main levels (Location, Entity and Component), and how each level is used in support of RCM activities such as FMEA and RCA.

Upcoming Events

August 9 - August 11 2022

MaximoWorld 2022

View all Events
banner
80% of Reliabilityweb.com newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
DOWNLOAD NOW
Outage Management Using Projects: Implementation and Lessons Learned

Outage Management Using Projects: Implementation and Lessons Learned

Power plants manage outages multiple times a year. We will review the challenges we faced with the out of the box solution and the reports, custom fields, and new applications we created to manage the outage projects more efficiently and effectively.

Electrical Equipment: When Good Times Go Bad

Electrical Equipment: When Good Times Go Bad

It is easy to understand that we should properly maintain electrical equipment, but what is the potential risk associated with inadequate electrical equipment maintenance?

Digital Built America: Interview with Michael Salvato and Kariona Lord-Levins

Digital Built America: Interview with Michael Salvato and Kariona Lord-Levins

A conversation with Michael Salvato and Kariona Lord-Levins discussing the now and future of digital built America.

How We Think About Maintenance Is Itself Broken

How We Think About Maintenance Is Itself Broken

No one questions the perfect day to repair or replace an asset – the day before the asset breaks down.