A Higher Form of Asset Intelligence.



Risk and Criticality

Risk and criticality helps in assessing an asset’s risk based on probability of failure and consequence or severity of failure. This allows assets to be classified as high critical or low critical, which helps in prioritizing maintenance tasks.

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Identification of Critical Assets
Identify and rank assets based on their importance for the facility's safe and effective operation. The chosen equipment should have a significant impact on overall operations, repair expenses, and past preventive maintenance costs. The primary focus of the RCM analysis is on assets such as pipelines, pumps, compressors, turbines, etc.
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Risk Assessment
Risk Assessment aids you in calculating the probability and potential consequences of asset failures. While assessing risks, RCM considers various factors such as safety, environmental impact, operational disruptions, and financial implications.
Prioritization of Risks
Prioritization of risks involves assigning a risk score to each potential failure mode based on its probability and consequence. The higher the risk score, the higher the priority for addressing the failure mode.
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Mitigation Strategies
Using the insights gained from risk assessments, you can develop and implement strategies to mitigate the possibility and consequences of asset failures. This may include preventive maintenance, condition monitoring, redundancy, and spare parts management.

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