Maintenance Excellence: Optimizing Equipment Lifecycle Decision

Citation

Raouf, A. (2004), "Maintenance Excellence: Optimizing Equipment Lifecycle Decision", Journal of Quality in Maintenance Engineering, Vol. 10 No. 1, pp. 75-75. https://doi.org/10.1108/13552510410526893

Over the years maintenance has changed and is assuming the role of physical asset management system. This is an interdependent system, which plays a very significant role in increasing return on investment or return on capital employed.

Models for various aspects of maintenance optimization had already been developed. The advances in information technology have enabled the management to transform maintenance data efficiently into meaningful information using such models. Specialists need to provide best practice to the organizations so that they can develop their strategies to get the best results.

One of the editors of the book has extensive experience in maintenance management consultancy and the other is a known scholar whose contributions are in the area of maintenance optimization. Both of them together have edited a unique book, which is very helpful to the practitioners, and at the same time, provides adequate mathematical treatment necessary and is contained in the form of appendices.

Ten outstanding professionals contributed to this book. Their contribution reflects their extensive consultancy experience and presents a wealth of knowledge and experience.

This book consists of three parts:

1. 1.

   Maintenance management fundamentals.

2. 2.

   Managing equipment reliability.

3. 3.

   Optimizing maintenance decisions.

Maintenance management fundamentals comprises of the following:

• •

  maintenance management methodology;

• •

  measurements in maintenance management;

• •

  date acquisition; and

• •

  material management optimization.

Managing equipment reliability covers the following topics:

• •

  assessing of maintenance risks;

• •

  reliability by design;

• •

  reliability centered maintenance; and

• •

  reliability by operator: TPM.

Optimizing maintenance decisions consists of the following topics:

• •

  reliability management and maintenance optimization: basic statistics and economics;

• •

  maintenance optimization models;

• •

  optimizing maintenance and replacement decisions; and

• •

  optimizing condition‐based maintenance.

“Achieving maintenance excellence” forms the conclusion of the book. This outlines details of necessary steps to be taken and these are:

• •

  discover;

• •

  develop; and

• •

  deploy.

“Discover” is further broken into:

• •

  mobilize;

• •

  assess;

• •

  self‐diagnosis;

• •

  data collection and analysis;

• •

  site visits and interviews; and

• •

  maintenance process mapping and recommendations.

“Develop” contains:

• •

  prioritizing;

• •

  planning and scheduling; and

• •

  cost benefit.

“Deploy” on the other hand covers implementation and consists of:

• •

  execute;

• •

  measures;

• •

  analyze/improve; and

• •

  managing the change.

Maintenance Excellence: Optimizing Equipment Lifecycle Decision is an excellent book for many reasons but the important ones are the way the authors of various chapters have presented the material very clearly. It provides a wealth of experience across continents like North America, Europe, Australia, and Middle East and guides the readers to embark on the road to achieving excellence. This book is strongly recommended for maintenance and physical asset managers and those who are aspiring to become managers.

If you would like to comment on this review please contact me at abdulraouf@ilm.edu.