Long Term Asset Management
In a large industrial complex, assessing equipment criticality is the first step to optimizing O&M costs. All equipment reliability enhancing programs such as preventive maintenance (PM), predictive maintenance (PdM), performance monitoring, and life-cycle-management (LCM), must be applied based on a graded approach to equipment criticality. Over applying such programs can increase O&M costs unnecessarily while under applying can result in unnecessary equipment failures.
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John Charest
Nuclear Business Development
617-204-1000