The AM (Asset Management) domain is a critical component of effective asset management practices. It encompasses strategies and processes for optimizing the performance, reliability, and lifecycle of assets
Reliability Engineering for Maintenance
An intentional endeavor to devise strategies that will minimize failures and associated costs as a proactive approach to mitigate unreliability expenses.
Leadership for Reliability
The LER (Leadership for Reliability) domain focuses on developing leadership skills and strategies to drive reliability and asset management initiatives within an organization. It involves cultivating a culture of reliability, promoting collaboration, and implementing best practices.
Asset Condition Management
The ACM (Asset Condition Management) domain focuses on monitoring and managing the condition of assets to optimize their performance and reliability. It involves strategies and technologies for collecting, analyzing, and interpreting asset condition data to make informed maintenance decision.
Work Execution Management
The WEM (Maintenance Work Execution Management) domain is a crucial aspect of asset management. It involves processes and criteria for improving maintenance work order execution, organizational readiness, and asset management.