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Home » Articles » Page 95

Articles

Find all articles across all article series listed in reverse chronological order.

by James Reyes-Picknell Leave a Comment

Launch of “Asset Operations”

Launch of “Asset Operations”

Ryan Chan of UpKeep authored a new book in which he presents some very smart concepts around information management. Here’s a video of a group discussion of those concepts and the launch. Participants include Ryan Chan (author of “Asset Operations”), Sanya Mathura, Ramesh Gulati, Vinny Cavello, and our own, James Reyes-Picknell.

Read more

Filed Under: Articles, Conscious Asset, on Maintenance Reliability

by Greg Hutchins Leave a Comment

Value of Communications: Dollars and Sense

Value of Communications: Dollars and Sense

Guest Post by Malcolm Peart (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

“Man measures time by happiness or sorrow, tranquility or torture.  The one is past and gone so quickly that is seldom seized and savored while the other turns the hours into days and the weeks into years”.  This was written by Major Pat Reid in “The Colditz Story” and, while it comes from a time of internment at a dark time in history the same is true today.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Mike Sondalini Leave a Comment

Deliberately Create Reliability

Deliberately Create Reliability

Reliability is something that can be created. It is the result of the standards, processes, and practices that are used. By removing causes of failures and controlling the factors that allow their creation, you proactively eliminate failure events. By eliminating failures, you deliberately create reliability. The reliability creating processes in the Plant Wellness Way EAM methodology let any operation or site reach the heights of world class operating asset reliability.

[Read more…]

Filed Under: Articles, Life Cycle Asset Management, on Maintenance Reliability

by Carl S. Carlson Leave a Comment

To Scribe or Not to Scribe

To Scribe or Not to Scribe

Mediocrity can talk, but it is for genius to observe. – Benjamin Disraeli

The Inside FMEA series has completed the primary facilitation skills. The next few articles will cover special facilitation topics.

This article talks about the pros and cons of using a “scribe” to help with facilitation. [Read more…]

Filed Under: Articles, Inside FMEA, on Tools & Techniques Tagged With: Facilitation

by Sanjeev Saraf Leave a Comment

Quantitative Risk Assessment: Will Quantifying Risks Help You Minimize Them?

Quantitative Risk Assessment: Will Quantifying Risks Help You Minimize Them?

How would you answer the following question:

Is refinery A safer than refinery B?

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Greg Hutchins Leave a Comment

How to Improve Performance and Avoid Poor Risk Governance

How to Improve Performance and Avoid Poor Risk Governance

Guest Post by Michael Keer, Founder & Managing Partner, Product Realization Group

Many valuable lessons can be learned from the failures of risk governance in Australian banks.

The Commonwealth Bank of Australia (CBA) and Westpac Banking Corporation (Westpac), two of the largest banks in Australia had to provide Court Enforceable Undertakings in May 2018 and December 2021 respectively to the Australian Prudential Regulation Authority (APRA).

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Mike Sondalini Leave a Comment

When to use Crow-AMSAA Modelling for Reliability Growth Models

When to use Crow-AMSAA Modelling for Reliability Growth Models

It’s popular to use Crow-AMSAA for system reliability modelling. However, for the model to represent reality it must include only historically identical events

If your Crow-AMSAA reliability growth model mixes nonidentical situations, then its forecasts have no meaning

Below is an email discussion about when Crow-AMSAA modelling can provide believable forecasts.
 

[Read more…]

Filed Under: Articles, Maintenance Management, on Maintenance Reliability

by Larry George Leave a Comment

Assuming Stationarity could be as bad as Assuming Constant Failure Rate!

Assuming Stationarity could be as bad as Assuming Constant Failure Rate!

Suppose installed base or cohorts in successive periods have different reliabilities due to nonstationarity? What does that do to forecasts, estimates, reliability predictions, diagnostics, spares stock levels, maintenance plans, etc.? Assuming stationarity is equivalent to assuming all installed base, cohorts, or ships have the same reliability functions. At what cost? Assuming a constant failure rate is equivalent to assuming everything has exponentially distributed time to failure or constant failure rate. At what cost?

[Read more…]

Filed Under: Articles, on Tools & Techniques, Progress in Field Reliability?

by Bryan Christiansen Leave a Comment

Becoming A Reliability Pro – How To Harness, Store, And Use Failure Data For Future Use

Becoming A Reliability Pro – How To Harness, Store, And Use Failure Data For Future Use

The manufacturing sector has seen a rise in competitiveness because of the introduction of Industry 4.0 technologies over the last decade. It has become important for manufacturers to stand out in the industry by optimizing their systems to be as perfect as possible. One of the factors that make a factory competitive is its reliability, and a smart factory has great opportunities to improve it using the failure data from its assets.

The smart factories created using these technologies have greater efficiency and provide valuable data about the assets which can be used to further improve plant performance. The asset failure data gathered from different assets can provide insights into the reliability of assets and how to improve it. [Read more…]

Filed Under: Articles, CMMS and Reliability, on Maintenance Reliability Tagged With: CMMS, Failure data

by Sanjeev Saraf Leave a Comment

Hurricane Risk Management For Refineries: Control The Flying Objects

Hurricane Risk Management For Refineries: Control The Flying Objects

Hurricanes pose serious risks to physical assets in chemical plants and refineries. During hurricanes, plant equipment can be damaged by high winds and/or flood waters. I’m hoping your refinery has adequate protection against flooding…so let us see what risks are posed by high winds.

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Alex Williams Leave a Comment

5 Benefits of CMMS Software for Manufacturing Plants

5 Benefits of CMMS Software for Manufacturing Plants

The equipment needed to run a manufacturing plant is costly and expensive to replace. Furthermore, equipment downtime leads to lost production, which directly impacts profits. Replacing reactive maintenance with proactive maintenance through the implementation of CMMS software for manufacturing plants will give you more control and help you prevent equipment breakdown and failure. The benefits of CMMS software are numerous for manufacturing plants.

[Read more…]

Filed Under: Articles, EAM & CMMS, on Maintenance Reliability Tagged With: CMMS

by Robert (Bob) J. Latino Leave a Comment

Electronic Data Collection: The Bridge to the Connected Plant

Electronic Data Collection: The Bridge to the Connected Plant

Guest post by Ken Latino

The Industrial Internet of Things (IIoT) has created immense excitement and promise for industrial facilities. Having connected assets that continuously monitor their own health and feed that information back in a way that is timely and actionable will drive business outcomes and help organizations achieve loftier goals. The challenge today is that many of our assets are not yet “connected” or “intelligent,” meaning that they are not yet outfitted with the health monitoring instrumentation that provides the live, automated data feed directly to a centralized repository of data. Yes, critical assets like turbine generators, boiler feed water pumps, highly critical motors and the like are indeed outfitted with modern instrumentation and fail-safe solutions. However, in most industrial facilities throughout the world, this is a very small population of assets.

[Read more…]

Filed Under: Articles, on Systems Thinking, The RCA

by Greg Hutchins Leave a Comment

World Economic 2021 Forum Global Risk Report

World Economic 2021 Forum Global Risk Report

Guest Post by Michael Keer, Founder & Managing Partner, Product Realization Group

The World Economic Forum has conducted a Global Risk Survey since 2006. This is the fifteenth survey. The responses are from 650 members of the World Economic Forum. In the preface to the 2021 Global Risk Report it is noted that: “In 2006, the Global Risks Report sounded the alarm on pandemics and other health-related risks.” (1) With this context in mind, the 2021 risk analysis “centers on the risks and consequences of widening inequalities and societal fragmentation. In some cases, disparities in health outcomes, technology, or workforce opportunities are the direct result of the dynamics the pandemic created.” (2)

This piece will review the results of the 2021 Global Risk Survey. It will also discuss some of the issues surrounding the survey.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Mike Sondalini Leave a Comment

Win the World Cup with Plant Wellness Way

Win the World Cup with Plant Wellness Way

CHANGE THE GOALS CHANGES YOUR GAME

Let a Plant Wellness Way EAM System-of-Reliability End Your Business Risks Forever

In the Plant Wellness Way EAM system-of-reliability methodology you set world class performance targets for every work task. You do that so the people doing the job know what world class work looks like. Then you ask them to find new, successful ways to deliver world class outcomes in the tasks they do. That way you guarantee world class success.

[Read more…]

Filed Under: Articles, Life Cycle Asset Management, on Maintenance Reliability

by Larry George Leave a Comment

Forecast Parts’ Demands, Without Life Data, for a Nonstationary Process

Forecast Parts’ Demands, Without Life Data, for a Nonstationary Process

In the 1960s, my ex-wife’s father set safety stock levels and order quantities for Pep Boys. He used part sales rates and the Wilson square-root formula to set order quantities. 

Why not use the ages of the cars into which those parts go, to forecast part sales and recommend stock levels? Imagine you had vehicle counts (year, make, model, and engine) in the neighborhoods of parts stores, catalogs of which parts and how many go into which cars, and store sales by part number.

[Read more…]

Filed Under: Articles, on Tools & Techniques, Progress in Field Reliability?

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