This paper explains a risk-based approach for analyzing process equipment that will help maintenance organizations improve system reliability and optimize maintenance resources. In addition, the approach provides a methodology for organizations to move from a prescriptive or compliance-based maintenance strategy to a risk-based maintenance strategy. The approach outlined is based on proven risk assessment and maintenance analysis tools, such as reliability-centered maintenance. The information in this paper will benefit maintenance professionals interested in optimizing maintenance resources.
- Pressure Vessels and Piping Division
Applications of Risk-Based Decision-Making Tools for Process Equipment Maintenance
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Montgomery, RL, & Satterfield, WC. "Applications of Risk-Based Decision-Making Tools for Process Equipment Maintenance." Proceedings of the ASME 2002 Pressure Vessels and Piping Conference. Selected Topics on Aging Management, Reliability, Safety and License Renewal. Vancouver, BC, Canada. August 5–9, 2002. pp. 173-184. ASME. https://doi.org/10.1115/PVP2002-1388
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