A paper presented by AVT's Simon Mills at OMaintec in Amman, Jordan in December 2007.

Cost Effective Maintenance Management is a goal for many companies. An obvious step to achieving cost effective maintenance includes selecting the appropriate maintenance strategy.

Areas often neglected in the process include defining availability and reliability requirements, measuring performance correctly or even identifying assets satisfactorily. Factors such as fault and failure modes, criticality and information management also need to be considered. Using the wrong maintenance technique can waste time, money and resources, and often has no effect on improving or maintaining availability. Incorrect or poorly defined performance targets can limit or prevent measurement and hence management, control and optimisation.

 The following are covered in this paper:

• What are key stages in setting up a maintenance program
• What factors allow measurement of cost effectiveness
• What are some of the common areas of weakness companies overlook

The complete paper is downloadable from the link below: