Up Time Magazine- February/March 2008

(ERP, EAM, process historians, engineering and other discrete systems) • Publishing key performance indicators enabling identification of improvement opportunities • Automating technical data analysis to identify and predict failure occurrence and cause • Supporting continuous improvement of operational, surveillance, maintenance and design strategies based upon best practices, operational history and factbased decision support • Driving strategies back to execution systems to close the loop and continuously improve asset performance across the enterprise Using the Meridium product suites (Strategy Management, Condition Assessment and Performance Management) as the basis for a continuous improvement process, the Meridium APM solution’s impact and return on investment is improved safety, productivity, reliability and profitability. Strategy Management A key component of any APM solution is determining what strategies should be implemented to prevent failures and to reduce the associated costs and consequences. A comprehensive understanding of equipment functions, failures and risk to the organization is essential for developing strategies that will be effective in preventing those failures. Meridium allows analysis teams to gain the insight that is necessary for implementing successful failure-prevention tactics. The Meridium RCM and FMEA module - part of the Meridium Strategy Management suite of tools that also includes Root Cause Analysis and Risk Based Inspection - enables companies to conduct rigorous analysis of individual assets and entire systems for the purpose of identifying the causes of potential failures, then implementing strategies to prevent failures from occurring. Meridium RCM and FMEA analysis serves as a powerful mechanism for developing an in-depth understanding of equipment functions and failures. With that understanding, it is possible to develop successful failure-prevention strategies, which play an essential role in maximizing production, reducing costs, and minimizing the safety and environmental risks associated with equipment failures. Reviewing asset strategies for improvements and efficiencies - The objective of Meridium’s next generation of Strategy Management is to provide a risk-based method to evaluate the effectiveness of a given asset care strategy, especially when resources may preclude accomplishing everything that a purely technical approach might require. Similar to creating an approach to parenting, developing an asset care strategy is a relatively straightforward task for management: time consuming, but relatively simple. Set your rules and parameters and stick to them. The challenge occurs when it becomes necessary to review and revise that strategy to meet production requirements and / or resource limits. For example, it is not uncommon to discover that an asset care strategy for mitigating failure modes requires more man hours than scheduled or more resources than are affordable for the business. (An example: one unit maintenance superintendent heavily criticized for a low-percentage PM completion discovered 24 40 february/march 2008 http://www.alltestpro.com http://www.alltestpro.com

Table of Contents Feed for the Digital Edition of Up Time Magazine- February/March 2008

Up Time Magazine- February/March 2008 Contents Upfront Upclose: Lessons Learned from the Walter Reed Story Information Technology: Parenting and Asset Performance Infrared: It's Alive! Lubrication: A Sense of Change Maintenance Management: PdM, Standardized Motor Testing: Being Well Connected Precision Maintenance: How to be Marketable Reliability: The Voyage of Wells Dairy Ultrasound: Two is Better Than One Vibration: Diagnosing a Cracked Shaft Upgrade: A Different Kind of Journey

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.