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Maintenance Engineering

A recap of previous discussions and further progress.

Definition

High Value Asset


We treat products as systems.
Aim to maintain their Figure out how to best maintain it
functionality they are build for at It’s worth maintaining it.
best. Cost benefit must motive
maintenance investment. Maintenance approaches
Targeting maximum utilization
hence profitability.
Needs understanding of overall Figure out what is the best
investment and target value. approach for maintaining the
functionality.
Sustain at its Max
System Functionality Max Safety
best. utilization
Everything is a
Everything is
Every function is Address faults to and
designed to do
system for us.
something. related with with cost & profitability
faults benefit balance

Minimisation of
Needs Reliability,
System Overall system maintence costs to
understanding of Availability,
Sub-system functionality is maximise profits,
component level Maintainability
Sub-sub-system therefore and by
functions and Best approach to
Component interdisciplinary understanding the
interdependencies balance RAM.
system failures we
increase its safety.

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