The benefits case for enterprise asset management (EAM) has been used to justify huge sums in EAM investment. But to understand this reasoning, it is necessary to explore how asset data can be used to further the aims of maintenance.
a role in the prediction of survival characteristics. (Resnikov, H. L. 1978. Mathematical Aspects of Reliability-centered Maintenance , Springfield: National Technical Information Service, US Department of Commerce) Critical failures are, by their very nature, serious. When they occur they are often designed out, or a replacement asset is installed, or some other initiative is put in place to ensure that they don''t recur. As a result, the volume of data available for analysis is often small, and