Category: Papers

  • The Benefits of Practicing Enterprise Risk Reduction

    The Benefits of Practicing Enterprise Risk Reduction

    Risk management is a pervasive tool which can be employed by both production and maintenance groups as a basis for communicating a perception and to use a priority-setting tool in the absence of detailed information. Used correctly, the quantifiable description of risk such as a risk level or safety index, can streamline work and consequent…

  • Spare Parts Optimisation in Maintenance Improvement

    Spare Parts Optimisation in Maintenance Improvement

    The management and associated costs of inventory is an area of increasing concern. In the case study presented in this paper, considerable effort was allocated to managing the stores holdings in a cost effective way. The task remains to continually balance the investment in holdings versus avoiding costs due to not having a spare immediately…

  • Maintenance Audits

    Maintenance Audits

    This paper is intended to provide the reader with the basic understanding of necessary techniques to conduct an internal review of maintenance effectiveness. The technique of information mapping is described, which is intended to assist with analysing internal relationships or relationships between operations client and maintenance service provider. The need for a quantitative approach for…

  • Risk Management Versus Cost Management

    Risk Management Versus Cost Management

    This paper describes the necessary trade-off between risk management and cost management in a modern, performance-based maintenance contract. Risk management is achieved by an effective, procedural-based PM system implemented using a scheduling process and observing a previously developed resource plan. Through competitive tendering, the resources available to implement this plan are lean – the primary…

  • Maintenance Improvement Strategies

    Maintenance Improvement Strategies

    A maintenance improvement strategy is presented in this paper which has been applied in a number of companies, with each of its elements tested for individual effectiveness and for its contribution to the whole program. It focuses on two key issues: the operations/maintenance interface, and the need for detailed technical information on the condition of…

  • Improving Return from Maintenance

    Improving Return from Maintenance

    This paper is a contribution to the principal issues in formulation maintenance strategy and the integration of resources to conducting a wide range of tasks. The strategy relies on the implementation of rigorous systems and the use of information technology for decision support. An aspect of maintenance support is value add work where asset performance…