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Enhancing Asset Performance: A Comprehensive Approach to Preventive and Predictive Maintenance Programs

Eruditio • Jan 24, 2024

Enhancing Asset Performance:

A Comprehensive Approach to Preventive and Predictive Maintenance Programs

In the realm of preventive and predictive maintenance, achieving optimal effectiveness and efficiency is crucial for adding tangible value to an organization. Unfortunately, many maintenance programs fall short in either identifying failures or efficiently utilizing resources, leading to a perceived lack of value.


To break free from the cycle of poor performance, the initial emphasis should be on cultivating effectiveness in preventive and predictive maintenance strategies. Start by meticulously identifying failures in your equipment through methodologies such as Failure Modes and Effects Analysis (FMEA) or a thorough analysis of existing asset failure data. The key lies in identifying detectable failure modes and mechanisms and aligning the appropriate detection methods with each. The effective aspect of a task revolves around determining what to inspect and how to detect it.


Once failure modes are pinpointed, and tasks are meticulously formulated using clear, repeatable, focussed, understandable language , the preventive and predictive maintenance programs will inherently become more effective. The subsequent phase involves a focused effort on eliminating waste from the system to enhance the efficient utilization of resources. In this context, "resources" encompass downtime required for asset maintenance, labor, and spare parts.


To bolster efficiency, a continuous improvement process for preventive and predictive maintenance programs is imperative. Evaluate which tasks are not delivering substantial value and contemplate whether their frequencies can be extended or if they are necessary at all.


One potential output of this process is that your PM or PdM hours required increases. While the initial cost of performing tasks may appear higher, addressing failures at this stage is essential to curtail the negative impact of unidentified failures. The ultimate goal is to refine the identification of failures through precise interventions at the right time. Prioritizing cost over effectiveness from the outset may lead to overlooked failures, perpetuating the perception of the program as non-value-added. Therefore, a holistic approach that balances effectiveness and efficiency is key to elevating the overall performance of preventive and predictive maintenance programs.


In the realm of organizational strategy, it is paramount to prioritize effectiveness before emphasizing efficiency. This principle underscores the importance of achieving desired outcomes and goals before streamlining processes. By focusing on effectiveness first, businesses can ensure that their initiatives deliver tangible value. To delve deeper into this concept, resources such as Peter F. Drucker's "The Effective Executive" provide valuable insights into optimizing effectiveness in decision-making and action. Additionally, Stephen R. Covey's "The 7 Habits of Highly Effective People" offers a comprehensive guide to personal and professional effectiveness. Also, be sure to take a look at the books available in our learning library such as,
Leader’s Guide to ISO 55001. Embracing this paradigm shift for Organizational Change fosters a strategic approach that not only maximizes results but also lays the foundation for efficient and sustainable processes.

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