Category: Papers
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Enhancing RAM Analysis with Bayesian Inferencing
Understanding how a system will perform throughout its life cycle is essential when designing, operating, or improving critical infrastructure. Traditional approaches to Reliability, Availability and Maintainability (RAM) analysis rely heavily on historical data or generic library values—methods that can fall short when modelling new or complex systems. At Covaris, we have developed an enhanced RAM…
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Asset Management in Healthcare Facilities Optimising Lifecycle Cost Forecasting and Ensuring Regulatory Compliance
Covaris Pty Ltd’s Dr. S. Safi presents Covaris’ approach to asset management in healthcare facilities, focusing on accurate lifecycle cost forecasting and robust compliance with statutory maintenance obligations. This study introduces a bottom-up Asset Lifecycle and Maintenance Cost Model, leveraging detailed asset registers to forecast preventive and corrective maintenance, asset replacement, refurbishment, and remediation of…
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IHEA Healthcare Facilities Management Conference 2017 – Common Approach For Asset Management And Statutory Obligations
Paper By: Dr Seyed Safi and Mr Michael Leversha This paper was presented at the IHEA Healthcare Facilities Management Conference 2017 Summary This paper describes the processes that assure asset management compliance with statutory requirements for maintenance delivery. The work involved the efficient upgrade of the asset management system from initial asset validation to a final…
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Proven Cost Benefits from Preventive Maintenance Strategy Rationalisation
Paper by: Mr Chris Cunningham, Senior Associate This paper sets out the cost benefits to an organisation who wish to reduce overall maintenance costs through rationalisation of their Preventive Maintenance (PM) strategy without increasing their overall risk to operations and still assure compliance to mandatory maintenance. This paper focuses on the savings potential by avoiding…
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Upgrading Maintenance Strategies for Established Plants
Summary This paper presents a methodology for the efficient upgrade of the maintenance strategies for all assets in existing facilities from initial asset confirmation to upload of the master data in the management system. The techniques are presented utilising a case study of a coal-fired power-station in Southeast Asia. The challenges which were addressed included…
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Informed Maintenance Planning
The starting point for improving maintenance planning is the establishment of a maintenance policy which embraces a work flow system, various techniques in monitoring reliability and work practices, and anticipates plant problems rather than reacts to them. This means that the company has a commitment to sustaining an information base which requires accurate data collection,…