This paper discusses use of the ProCost© Maintainability / Reliability / Production / Cost (MRPC) model to assess the cost effective performance of a power plant’s maintenance program. The RMPC model provides an estimate of the economic value added for plant assets. It also provides a summary of production and maintenance costs, generation losses, and revenue losses, and gives a bottom line report on the asset’s economic value to the company. The model accounts for the way in which the maintenance program interacts with the generation process and estimates the leverage provided by expenditures on preventive maintenance. ProCost© is an engineering tool for tracking each asset’s production and cost performance under appropriate engineering approximations. Thus, it provides useful insights into where maintenance resources can be expended most effectively to increase generation and reduce operating costs.
Skip Nav Destination
2002 International Joint Power Generation Conference
June 24–26, 2002
Scottsdale, Arizona, USA
Conference Sponsors:
- Power Division
ISBN:
0-7918-3617-7
PROCEEDINGS PAPER
Assessment of Plant Maintenance Program Cost-Effectiveness Using ProCost©
David H. Worledge,
David H. Worledge
Applied Resource Management, Corrales, NM
Search for other works by this author on:
Stephen M. Hess
Stephen M. Hess
Sensortex, Inc., Kennett Square, PA
Search for other works by this author on:
David H. Worledge
Applied Resource Management, Corrales, NM
Stephen M. Hess
Sensortex, Inc., Kennett Square, PA
Paper No:
IJPGC2002-26037, pp. 229-236; 8 pages
Published Online:
February 24, 2009
Citation
Worledge, DH, & Hess, SM. "Assessment of Plant Maintenance Program Cost-Effectiveness Using ProCost©." Proceedings of the 2002 International Joint Power Generation Conference. 2002 International Joint Power Generation Conference. Scottsdale, Arizona, USA. June 24–26, 2002. pp. 229-236. ASME. https://doi.org/10.1115/IJPGC2002-26037
Download citation file:
6
Views
Related Proceedings Papers
Related Articles
Availability Analysis of a Steam Boiler in Textile Process Industries Using Failure and Repair Data: A Case Study
ASME J. Risk Uncertainty Part B (June,2021)
Fatigue and Fracture Reliability and Maintainability of TLP Tendons
J. Offshore Mech. Arct. Eng (May,1993)
Reliability of Wind Turbine Technology Through Time
J. Sol. Energy Eng (August,2008)
Related Chapters
Introduction
Consensus for the Lay-up of Boilers, Turbines, Turbine Condensors, and Auxiliary Equipment (CRTD-66)
Expert Systems in Condition Monitoring
Tribology of Mechanical Systems: A Guide to Present and Future Technologies
Chapter 4 | Panel Maintenance
Guidelines for the Selection and Training of Sensory Panel Members