Managing Asset

“Enthusiasm is the greatest asset you can possess, for it can take you further than money, power or influence.”

Although most reliability management processes are based on managing critical assets, most organizations fail to fully understand the meaning behind the criticality ranking. Most reliability specialists will tell you that the “critical” assets have the greatest impact on the plant mission, be it production rate, quality of product produced, or cost per product produced. Operating under this mind-set, they often overlook the single characteristic that makes each asset “critical” in the first place. Through proper construction of the criticality analysis model, reliability engineering will be able to illustrate what reliability enhancements must be made to manage criticality, thus improving their ability to manage assets by criticality.

We help our clients with such practices of managing assets that enable them to achieve the greatest returns.