Tag: KPIs
-
Leading and lagging performance numbers
One point of discussion is the role of high level (lagging) KPIs. In mining, over the last decade, given the unrelenting world demand for resources, the KPI of greatest concern has been Availability, almost to the exclusion of other considerations. This view can falsify conclusions about real maintenance performance. One example concerns the shovels which…
-
Performance metrics – Low and High level KPIs
Performance metrics should point us to precisely what we need to improve currently in our maintenance process. That is, they should trigger a control action. Subsequently they should confirm and measure the extent to which the control action had the desired effect. Often, performance metrics do not indicate what management action must be taken to…