1 Introduction
1 Introduction
1 Introduction
Management
1
Introduction
SSIT-CASE
Fall 22
Engineered Objects
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Engineered Objects
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Engineered Objects Degrade and Eventually Fail
• Engineered objects are unreliable in the sense that they degrade with
age and/or usage and ultimately fail
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Consequences of Failure
Building in reliability is
Not having adequate costly and is constrained by
reliability is costlier due to the technical limits and economic
consequence of failures considerations
In a sense, maintenance may be
viewed as actions to
compensate for the unreliability
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Aspects of Maintenance
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Classification of Engineered Objects
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Assets and Systems
• The term asset is often used in the context of maintenance. Assets are
economic resources – tangible or intangible with a positive economic
value
• Business balance sheet records the monetary value of the assets owned
by the business. Tangible assets are written off against profits over their
anticipated lives by charging depreciation expenses
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Performance of Engineered Objects
‣ Non-reliability performance
‣ Reliability performance measures
•
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Non-reliability Performance Measures/ Indicators
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Reliability Performance Measures/ Indicators
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Degradation of Performance
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Maintenance Costs
• Direct costs: These costs are incurred due to maintenance and repair
actions. Include cost of labor, material/ spare parts, contractors,
infrastructures used and taxes
• Indirect costs: These are costs resulting from the consequences
associated with failure or unplanned maintenance actions. Include
loss of revenue due to the production stops owing to maintenance and
repair actions, cost of accidents, demurrages, insurance policies etc.
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Maintenance Management
• Maintenance management
deals with maintenance-
related decision making at
the strategic, tactical, and
operational levels, and then
initiating actions to
implement the decisions
• Proper maintenance with
periodic in-service
inspections of an
engineered object has a
positive influence on the
technical state of the object
and may extend its lifetime
considerably 18
Role 0f Science & Technology in Maintenance Management
• An understanding of the
degradation process at the
component level is critical to
understanding the degradation
of the object
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Maintenance Evolution & Trends
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Maintenance Evolution & Trends
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Maintenance Evolution & Trends
• Management trends:
• Maintenance viewed as a function creating additional business value
• Shift from fail-and-fix to root cause elimination
• Shift from functional approach to process approach
• Risk-based maintenance focuses on reducing business risks
• Increased outsourcing to specialist organisations under SLAs
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Questions?