Explain the reliability centred maintenance approach, Strategic Management

Assignment Help:

Question:

(a) The prevailing business environment is continuously changing with respect to the emerging complexities in the development and use of new equipment, technologies and infrastructures. The maintenance functions are faced with numerous challenges and practitioners are increasingly adopting Reliability Centred Maintenance (RCM) and Failure Mode and Effect Analysis (FMEA) to maintain the requirements of machinery in a defined operating context.

i. Explain the Reliability Centred Maintenance approach
ii. Briefly elaborate on the underlying principles
iii. Explain the process related FMEA

(b) The Strategic Corrosion Management Audit is an assessment, Review and Presentation package tailored specifically to a company needs and also considers the current ‘external corrosion management philosophy'. An effective audit can help to minimise maintenance cost reductions of 5% to 85% over the life-time of a plant. Briefly elaborate on the steps for a Strategic Corrosion Management.


Related Discussions:- Explain the reliability centred maintenance approach

E-commerce to an organisation, 1 - Analyse the business factors that under...

1 - Analyse the business factors that underpin the requirement for an e-strategy in an organisation. 2 - Talk about the benefits of e-commerce to an organisation.

Benefits of using balanced scorecard, Benefits of using balanced scorecard ...

Benefits of using balanced scorecard (BSC) - BSC encourages a long-term view of improving performance through time. - BSC considers both non-financial as well as financial m

Nano Manufacturing, I need a project and summary of Nano Manufacturing pape...

I need a project and summary of Nano Manufacturing papers, please let me know how much cost it is? i need paper for my final year exam. I would like to finish my Nano Manufacturing

Strategy, explain strategy as an organisational process

explain strategy as an organisational process

Profile international markets, Using online research and the resources on t...

Using online research and the resources on the Student Portal, select and undertake market research of 2 possible "emerging economy" countries where Eatmore & Green might be able t

Research and materials analysis, Using a combination of online and paper re...

Using a combination of online and paper resources, find out as much as you can about the seven materials listed below.  In particular, consider the QUANTITATIVE values for their pr

Leadership, Critically evaluate and analyse leadership you have witnessed i...

Critically evaluate and analyse leadership you have witnessed in specific situations. This means comparing concrete examples (what was said and what was done) to relevant theories

Assignment, how much assignment cost if maximum 3000 world

how much assignment cost if maximum 3000 world

Preliminary investigation - knowledge management technique, Tatra is the wo...

Tatra is the world's third oldest car company, and produced a number of rather advanced streamlined cars during the course of its production run. Because spare parts and manuals ar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd