Obsolescence is a driving force behind the decisions to renew or replace assets. However, most asset management programs wait until after...

I take these three tools to every asset management condition assessment I am a part of. Of course, the tools, techniques, and methods of...

Asset managers often go to the field to view their equipment, collect missing asset data, or support condition assessments. We recently...

The Computerized Maintenance Management System (CMMS) business leader was frustrated. Three years ago, the organization moved to a new...

I love data as a reliability engineer. In fact, I consume data like food – and I have a big appetite. The hardest thing to do is to push...

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.