What I want to know from my failure data is “where” to focus limited resources to make the largest impact now.
It is that simple. And as a rule KISS (Keep it simple stupid) applies.
For me – “if” I am collecting failure data , I want to use it to prevent failures in the most useful way. ISO 55000 will be released next year and that standard for asset management includes requirements for robust FRACAS (Failure Reporting and Corrective Action System). Read More →
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