“What isn’t measured can’t be managed”
It is fact that regularly conducted systematic inspection and maintenance improves reliability and lowers operating cost. It also enhances knowledge of the operational condition of the system and ultimately, enhances reliability and safety. Cost and risk management are essential to efficient operations – the old saying holds true: “What isn’t measured can’t be managed.” This approach will support:
Heightened understanding (Situational Awareness) of asset condition
Better data on as-built condition of assets and installation
Better data on environmental factors affecting reliability and service life of the assets
More efficient/timely inspection of assets by support personnel
Fewer service disruptions caused by untimely asset failure
Cost savings through better predictive failure driven maintenance schedules and utilization of maintenance crew
Better communications customer support and SLA adherence