Track 1 Session 6

10:30 to 11:30 a.m. Thursday April 8, 2010

Asset Management Supported by Reliability Engineering

When we talk about reducing operation and maintenance costs, many companies forget to think in terms of reliability and availability. They need to manage their costs and, at the same time, assure reliability and maintainability measures and still achieve the business objectives. Asset management is the key for companies to reach their business objectives. To have effective asset management, the company needs to apply a system that generates a good set of key performance indicators (KPIs). Some important activities that are necessary to generate a good set of KPIs include: 1) establishing good data collection and management; 2) allowing access to the information; 3) applying accurate analysis; 4) managing the projects; 5) making quick decisions and 6) storing the knowledge acquired.

Key Words: Cost Management, Asset Management, KPIs

Claudio Spanó

ReliaSoft Brasil

Brasil