Without a mechanism to evaluate a Condition Based Maintenance (CBM) program’s evolving performance CBM activities will degenerate to “busy work”. Data will continue to be collected, manipulated and filed as a matter of routine. To counter this tendency towards apathy, managers should periodically justify, in terms of profitability and safety, the resources allocated to CBM. Reliability engineers should assist in that effort by reporting, assessing, and continuously improving CBM predictive capability. The following presentation summarizes how to succeed in these endeavors via a “living” RCM process.
A related article about the probability density, failure rate, and conditional failure probability can be found here.
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