FAQs on Life-Cycle Asset Management in a Plant Wellness Way EAM System-of-Reliability

Answers to FAQs On Life-Cycle Asset Management and Enterprise Asset Management Strategy Development in a PWW EAM System-of-Reliability

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You are welcome to read our replies to FAQs on life-cycle asset management and enterprise asset management strategy when using a Plant Wellness Way EAM System-of-Reliability.

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Questions on strategic Enterprise Asset Management and best life-cycle Asset Management Strategy can be emailed to our head office. Replies may be posted in the FAQs pages.

EAM System Design Related FAQ Responses

• • EAM training for Executives, Managers, Superintendents, Supervisors and Team Leaders
  • Annex SL structure for ISO 55001 asset management documentation in a EAM system manual
  • The role and responsibilities of the Engineering Manager (Projects & Maintenance)
  • Why Enterprise Asset Management Badly Under Performs and How to Fix It
  • Selecting a Depreciation Rate for Plant and Equipment
  • Contents of a Reliability Improvement Policy

EAM System Performance Measurement and Monitoring Related FAQ Responses

• • Dangers of Inventing Your Own Production KPIs to Measure Production Performance
  • To get right decisions tell your people the total per hour loss from a breakdown
  • Emails to David on KPI Distribution Curves for True Maintenance Performance Measurement
  • Developing Enterprise Asset Management, Maintenance and Reliability KPIs

Replacement Asset Value Related FAQ Responses

• • Calculate Replacement Asset Value for Assets and Equipment Purchased in Foreign Currency
  • Benchmarking Operating CAPEX vs. Replacement Asset Value (RAV)
  • Setting project commissioning spares cost allowance using maintenance to RAV ratio
  • Measuring Replacement Asset Value (RAV)

Plant Wellness Way EAM System Related FAQ Responses

• • A Question on the Use of a Risk Matrix to Match Maintenance Strategy Mix to Risk Level
  • License to Use Plant Wellness Way EAM System-of-Reliability Trade Secrets (120 KB PDF file)
  • Big Difference in Consequence Reduction Strategy and Chance Reduction Strategy

Operating Plant and Equipment Reliability Related FAQ Responses

• • Standby to Duty Equipment Switchover Frequency Selection
  • Reliability assessment and the acquisition of a running operation with aging plant
  • Design for reliability by using Design-out Maintenance to get high reliability equipment
  • When to do a Reliability Study of a Repetitive Equipment Failure

Maintenance Spare Parts and Inventory Related FAQ Responses

• • Proactive Plan for Plant and Equipment Maintenance Spares Unavailability
  • The Difference between Critical Spare Parts and Strategic Spare Parts
  • How can I determine which are the critical spares that we have to keep in stock?

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