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Name: Operations and Maintenance Decision-Making
Acronym:
Type: Glossary Item


Definition:
The process and activities undertaken to define appropriate maintenance requirements.

Statement:

Context:    Such analyses may include the identification and definition of maintenance and inspection activities to mitigate the risk (safety, reliability and environmental).  All maintenance tasks shall be technically effective in controlling the risks and be cost effective in implementation - a Return on Investment criteria may be used for this purpose.




Resource:
  • Reference
    • The Asset Management Landscape ISBN 978-0-9871799-1-3

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