by Rick Clonan (Author), Darrin J. Wikoff (Author)
ISO 55001 outlines the management system requirements for Asset Management and defines "Preventive Action" as a demonstration of an organization's ability to proactively identify potential non-conformance in asset performance (i.e. failures) and mitigate the risk. This book, as a continuation of Eruditio's series on Leadership for Asset Management Excellence, provides Engineers with a guide to document Failure Modes and Effects Analysis as identified asset-related risks and the selected risk mitigation tasks to prevent these non-conformances from impacting asset management objectives.As a step-by-step guide to Preventive Maintenance Development and Optimization, this book provides instructions for creating asset hierarchies, evaluating asset-related risks, analyzing failure modes and documenting failure codes, and how to evaluate the effectiveness of preventive maintenance tasks and procedures. Risk tables, checklists, templates and helpful decision trees are all part of this Engineer's guide.