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maintenance and reliability maturity Asset Management

Maintenance and Reliability Maturity – 2

  • 2020-06-092020-12-05

In part 1 of this 2 part series, “Maintenance and Reliability Maturity”, I point out that achieving the maximum value from your physical assets will require excellence in 2 main dimensions, efficiency, and effectiveness. Those are described more fully in our recent book, “Paying Your Way“. I also promised a Maintenance and Reliability Maturity Assessment tool. That tool is now available to you, our readers.

The link below will take you to a web-page that is only accessible via the link – it is not included in our website’s menus or other links. When you click on it, you will see a brief explanation of how to use it and then a series of 10 questions, 5 on efficiency, and 5 on effectiveness. In a few of them we use terms that have precise definitions, so please read those definitions (in light blue boxes) before entering your answers to the questions in the light green answer cells.

When completed, your responses produce a single point mapped on a 2-dimensional grid with colors similar to the above figure. Like the figure above, efficiency is on the vertical scale, effectiveness is horizontal. The colors are more gradual than above moving from deep red to orange, yellow, light green, medium green, and dark green. The further to the upper right you are, the more value you are getting from your physical assets.

Each block on the plot has a brief explanation and each color code has a more general interpretation of the results.

This exercise is not about how well you are doing in maintenance and reliability as it may seem, it is really all about determining how much value opportunity you may achieve by improving on them. If you want to know what to work on, then you can also do our “Uptime Maintenance Excellence Self-Assessment” that is coming soon. Watch this space.

Link to Maintenance and Reliability Assessment

Soon we will be adding an online business case estimator tool. It will combine that M&R Assessment with a few additional pieces of data needed to determine cost savings and output potential. 

We also have an “Uptime Maintenance Excellence” maturity assessment included as an assignment within our “Uptime – Strategies for Excellence in Maintenance Management” course. 

#reliability #maintenance #reliabilityengineering #businesscase #uptime

 

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