Reliability analysis is the means by which we assess the future behaviour of equipment and decide if and when we should intervene with enhancement, maintenance or disposal actions. That is, “we will look into the future and if we do not like it we will change it”.
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Professionals Encouraged to Take a Global View
Australian maintenance and asset management professionals must play a proactive role on a world stage if they are to control the development of their profession according to the new National Chair of the Asset Management Council, John Hardwick.
In the current economic climate, capital investment is not a desirable option. Improve performance of the assets you already have and gain bigger rewards.