Asset Criticality

Making the Criticality Analysis Work for You and Drive Improvements in the Maintenance Strategy

Most manufacturers do not have an up to date criticality analysis and those that do have one, do not use it to drive decisions.  Having a criticality analysis facilitates improved decision making and prioritization within the site and business.   How many times are there debates regarding which work needs to be done, which PMs will be dropped from the schedule because the planned downtime was reduced?  These debates occur regularly, but to not have to occur.  A […]

Understanding The Risks Allow Effective Mitigation Plans To Be Put In Place

Where is your biggest risk to the site?  If you can’t answer that, than your maintenance program is most likely not adequate.   As previously discussed, an effective maintenance program must align with business and its needs.  A criticality analysis allows the site to understand where there are risks that must be managed.

A criticality analysis is a systematic approach to evaluating potential risks, therefore consequences that can impact the business.  The criticality analysis has defined criteria that outlines the potential consequences so that they can be evaluated, categorised and prioritised.  […]