Predictive Failure Forecasting

PREDICTIVE FAILURE FORECASTING

Maintenance is planned on fixed calendars, not condition. Assets are stripped that were healthy while others fail early, and no one can say which failure will hit the next capability factor.

Actors

  • Reliability Engineer
  • Asset Manager
  • Maintenance Planner

Systems / Vendors

  • IBM Maximo
  • AVEVA PI
  • Emerson AMS

Business Question

"Of everything on the plant, what is most likely to cost us availability this quarter?"

What SPoG Does

  • Runs condition and history through failure models across the whole asset base.
  • Ranks assets by probability of failure and consequence to availability and safety.
  • Feeds the ranked list straight into the maintenance and outage plan.

Outcome Metrics

−25%

Unplanned downtime

+Days

Availability recovered

100%

Assets risk-ranked

Contact us to learn more →