Two years ago, updating your master plan was a good idea because the world was getting back to normal and to position your organization...

New project managers and young professionals often struggle with the concept of risk appetite and how it impacts decision making. The...

Probability Distributions The probability density function (PDF) is applied to continuous random variables, whereas the probability...

Facilitation is an essential skill for technical professionals working in group environments. Maintenance and reliability education does...

Understanding the total cost of ownership is a fundamental principle of asset management of facilities and infrastructure. However, all...

Hurricane tracking is very good these days, especially in forecasting storm intensity and location two to seven days in advance....

An incredible number of technical professionals believe that effective asset management can only be performed with a meaningful...

The idea of anything worth doing is worth measuring is a persistent one. The persistent problem is that measuring performance becomes...

A common question is whether the Board of Directors should approve the Asset Management Policy. The short answer is yes. The longer...

Asset management for facilities and infrastructure has fallen into the leadership realm of gearheads and data managers. The result is...

Hopefully, you have already determined the purpose of the condition assessment, developed a subsystem-asset approach based on...

Three things to remember about criticality analysis are: 1. Criticality analysis is the essential first step in any improvement program...

The foundations of systems thinking and facilitation apply to business cases because the analysis requires a group to establish the...

SOAP can result in staff time savings of up to 70% compared to traditional methods.

Criticality analysis is the best way to prioritize organizational activities.

Organizations change their Enterprise Asset Management System (EAMS) or Computerized Maintenance Management System (CMMS) many reasons....

The observations provided in this session two years ago are applicable today. Many thanks to Kathryn Benson and Wayne Littman for...

A lifecycle replacement forecast provides a financial forecast of the total investment needed by an organization to keep its facilities...

There is no substitute for having the right tool for the job.

Risk matrices are one way to perform risk-based prioritization. The approach is qualitative, or describes the quality of the risks, and...