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Home » Blog

by Karl Burnett 2 Comments

1884 – Depreciation and Maintenance Cannot be Separated

1884 – Depreciation and Maintenance Cannot be Separated

In the 19th century, factories and mills were major concentrations of capital. Manufacturing completed for investment money, and business cases could be as closely examined as any other risky investment. In 1884, Edwin Matheson wrote about how maintenance affected accounting and business prospects in The Depreciation of Factories and their Valuation. Matheson’s book became the basis of modern views of depreciation.

[Read more…]

Filed Under: Articles, History of Maintenance Management, on Maintenance Reliability

by André-Michel Ferrari 2 Comments

How Conservative and Prudent can a Risk Decision be? – Practical uses of Confidence Boundaries

How Conservative and Prudent can a Risk Decision be? – Practical uses of Confidence Boundaries

Introducing confidence boundaries

Confidence boundaries can be confusing to reliability engineering practitioners and their audience. Yet, they can play an important role in the risk-based decision-making process. When building statistical models, there is always uncertainty around the model because it is usually based on a smaller sample of the studied population. The confidence interval is the range of values you expect your model to fall between a certain percentage of the time if you run your experiment again or re-sample the population similarly. For example, using a 90% confidence boundary, one would expect 90% of the records to fall between the upper and lower confidence boundaries. As a rule of thumb, the more data you have, the more precise the model and the narrower the confidence boundaries.  In essence, if we have an infinite amount of data, we will end up with a perfect model. However, this is never the case. Confidence boundaries help establish the accuracy of the model and also provide some information on the validity of the data.

[Read more…]

Filed Under: Articles, on Maintenance Reliability, The Reliability Mindset

by Sanjeev Saraf Leave a Comment

Airline Security And Lithium Battery Fires

Airline Security And Lithium Battery Fires

According to the FAA, there have been 113 battery fire incidents on passenger and cargo planes between 1991-2010. There is a battery fire incident every two months in the airline industry.

[Read more…]

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

by Miguel Pengel Leave a Comment

An Excel – VBA Driven Weibull Calculator

An Excel – VBA Driven Weibull Calculator

Every Reliability Engineer will be familiar with the Weibull Analysis. Most of us even have an Excel template laying around that we refer to!

The problem is, that when we have to handle Suspended data (e.g. components that haven’t failed yet at time of observation), the Excel sheet must use VBA in the background if the user wants a “single-button” tool.

[Read more…]

Filed Under: Articles, Asset Management in the Mining Industry, on Maintenance Reliability

by Ramesh Gulati Leave a Comment

The 10 Habits of Highly Effective Reliability-AM Professionals

The 10 Habits of Highly Effective Reliability-AM Professionals

Over thirty years ago, Steven R. Covey, renowned author and business management guru, introduced to us The 7 Habits of Highly Effective People, which presented an approach to being effective in attaining personal or business goals by aligning to what he called “True North” principles based on character ethics. This book has become a best seller, a must-read, and has sold 40 million copies worldwide.

[Read more…]

Filed Under: Articles, on Maintenance Reliability, ReliabilityXperience

by Christopher Jackson Leave a Comment

Find Me the Statistics that I Like to Believe the Most …

Find Me the Statistics that I Like to Believe the Most …

It looks like 2023 will be the hottest year on record. Along with all the cyclones, hurricanes, floods and bushfires we have already had. Those who study and take climate change seriously unanimously agree that man-made changes to the environment are causing the climate to change so fast that mother nature will struggle to keep up. 

And for the minority (yes, it is a minority as has been confirmed by many surveys and studies across the world), their arguments against climate change go something like this …

It might not be because of us …

… so it’s definitely not because of us.

[Read more…]

Filed Under: Articles, on Product Reliability, Reliability in Emerging Technology

by Arun Gowtham Leave a Comment

Is your Data Good Enough for Machine Learning-Based Predictive Maintenance (PdM)?

Is your Data Good Enough for Machine Learning-Based Predictive Maintenance (PdM)?

One of the common questions teams have when they first explore using Predictive Maintenance is “Is the data good enough to perform the analysis?” Answer to that question is nuanced with the reliability objective and the quality of the data available.

[Read more…]

Filed Under: AI & Predictive Maintenance, Articles, on Maintenance Reliability

by Mike Sondalini Leave a Comment

Plant Wellness Way Methods Summary

Plant Wellness Way Methods Summary

 Let a Plant Wellness Way EAM System-of-Reliability halve your Annual Maintenance Costs 

The Plant Wellness Way is business paradigm to create world-class performance and results in any operation by the correct selection and use of engineering, operating, maintenance, and reliability strategy and practices. 

The six IONICS steps are used to develop lifecycle asset management, reliability improvement and maintenance management strategy and activities needed for endless operational excellence. Simply identify where you are in the above process map, come in at that point, and then continue on through the process to the point where your answers are available.

[Read more…]

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

by Greg Hutchins Leave a Comment

Strategic Partnerships with Shared Risk Management

Strategic Partnerships with Shared Risk Management

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

Strategic alliances are a vital tool to driving growth by enabling access to external capabilities. They are collaborations, partnerships, or joint ventures whereby organisations, or partners, work together for a common purpose to achieve a common business benefit or purpose.

As much as strategic alliances are an important tool to drive growth and deliver needed capabilities, they are not without their challenges and risks.

[Read more…]

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

by Nancy Regan Leave a Comment

Myth: RCM Only Product is Maintenance

Myth: RCM Only Product is Maintenance

True or False? RCM is only about formulating a Proactive Maintenance Plan.

/more

Filed Under: Articles, Everyday RCM, on Maintenance Reliability

by Sanjeev Saraf Leave a Comment

Driver Safety Video

Driver Safety Video

Below is an excellent safety message about driving safely (Courtsey: Paul Koyich).

[Read more…]

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

by Carl S. Carlson Leave a Comment

Generic Lists of Failure Information – Good Idea or Not?

Generic Lists of Failure Information – Good Idea or Not?

Are generic lists of failure information useful to FMEA teams? Are they a good idea or not?

There is a lot of discussion amongst FMEA practitioners on automating and standardizing FMEAs. In this article, I will discuss the pros and cons of using generic lists of failure modes, effects and causes.

The Oxford English dictionary defines “generic” as “characteristic of or relating to a class or group of things; not specific.” [Read more…]

Filed Under: Articles, Inside FMEA

by André-Michel Ferrari Leave a Comment

Age Related Degradation Variables – Which is the Dominant One?

Age Related Degradation Variables – Which is the Dominant One?

The concept of degradation variables

Assets typically age over time, leading to degraded performance and loss of function. Asset life models are built in order to predict future degradation patterns. Those models are based on asset degradation variables such as time or usage. Those variables could be for example, time between failures or distance covered between failures. Many assets have more than one degradation variable. In this case, it is important to define which of the multiple variables is the dominant one and will subsequently provide the Reliability Engineer with the most precise life model. 

Reliability is a probability. Specifically, the probability that a system will perform its intended function within a specified mission time and under specific process conditions. Therefore, most reliability calculations incorporate a time element as a degradation variable. Generally, when building life models, we default to using calendar time as it is more straightforward. We have had tools to easily measure elapsed calendar time for centuries now. [Read more…]

Filed Under: Articles, on Maintenance Reliability, The Reliability Mindset

by Christopher Jackson Leave a Comment

The (Smaller) Carbon Footprints of Reliability Engineering

The (Smaller) Carbon Footprints of Reliability Engineering

Climate change is universally accepted. And when I say ‘universally,’ I mean that the only people who think it is not a thing are fringe elements of society who are predisposed to specific interpretations of religion or commercial greed that would be harmed by any attack on fossil fuels and the energy we derive from them.

The good thing about this is that organizations who are serious about being successful and profitable can’t do so by sharing the ideology of a small minority. More and more people (including younger humans who will be the decision makers of tomorrow) are demanding more and more from the organizations they buy services and products from – especially when it comes to environmental concerns.

So to be successful, you need to take this stuff seriously.

[Read more…]

Filed Under: Articles, on Product Reliability, Reliability in Emerging Technology

by JD Solomon Leave a Comment

What is FINESSE? (and how it empowers effective communication)

What is FINESSE? (and how it empowers effective communication)

 

FINESSE is a cause-and-effect approach for effective communication when there are high levels of complexity and uncertainty. Said another way, FINESSE is an approach used for big, strategic decisions that take months or years to make. FINESSE facilitates the memory of effective communication: Frame, Illustrate, Noise, Empathy, Structure, Synergy, and Ethics.

Don’t Use FINESSE if…

Major decisions that take months to resolve, require a significant amount of investment, and involve many people (and some calculations) have complexity and uncertainty. These are the situations where trusted advisors need FINESSE. [Read more…]

Filed Under: Articles, Communicating with FINESSE, on Systems Thinking

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