RMC-06-105 Predictive Reliability and Maintenance Management Information

Description:

In the majority of plants, Reliability and Maintenance (RAM) reports provide only historical reliability and maintenance data, while other functional areas have progressed to using models to forecast future costs and margins. RAM reports could be using predictive models to anticipate costs and losses and to proactively focus sustainable performance improvement initiatives that optimize future spending. This reporting presents a more complete picture of overall future maintenance costs, based on statistical analysis of the historical data. The RAM analysis includes gap calculations in each area of cost and loss of production to determine performance gaps with industry leaders, and quantifies the benefit to be gained by closing the gap. Thus, efforts can be focused to increase benefit, and not merely to reduce expenses.