Maintenance & Reliability in Asset Management

Chair

Shane Scriven

Shane Scriven Shane has over 10 years’ experience as a reliability engineer and asset management practitioner. Shane started his reliability career working for SKF travelling Australia conducting vibration analysis, lubrication analysis, laser alignment, root cause analysis and bearing fitment and removal. Throughout his career he has gained experience in asset management activities across a variety of industries and specialises in the development and implementation of risk based reliability strategies. Shane is looking forward to building on the great work of the MRiAM Special Interest Group to date and is keen to engage with the broader asset management community to both promote the MRiAM Special Interest Group and to provide valuable learning opportunities.

Tech Article 1What can asset managers do to prevent the deferral of critical maintenance? And how can they use analytics to assist with this?

When budgets are tight, or there are competing priorities for funds, deferring maintenance is an easy target for decision-makers in Finance, or Executive Budget Committees.

Yet asset managers know this myopic approach can have serious impacts: cuts to critical maintenance expenditure can accelerate asset deterioration leading to worsened performance (more defects and downtime) and higher costs in the long-run.

In his technical article, Michael Carman will define the problem, tackle the question of what are the effects of deferred maintenance, quantify the pain of deferred maintenance and will put the model to work through the use of a case study.

To access this article please visit here.

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