Reliability is an approach that applies reliability principles, methods, and techniques to minimize downtime, optimize asset performance, monitor asset health, and promote value throughout the asset’s life cycle. Reliability approaches consider the asset’s operating context, its capacity to produce the demonstrated asset performance and stakeholder expectations.

 

Integrated Reliability deploys, develops, and designs policies, procedures, processes to support reliability, availability, and maintainability. The organization should identify and develop Asset Management strategy programs to manage the consequences of failure based on failure modes, operating context, criticality, risk and identified task effectiveness. It should also analyze maintenance, repair, operations (MRO) spares for criticality, redundancy, and required quantities. Integrated reliability also aims to identify, track, and monitor asset technical or process changes to improve reliability using a management of change (MOC) or the configuration management system. It should implement the specified reliability engineering processes, including the collection, analyzing and interpretation of data from these systems to support monitoring, reliability and continuous improvement of assets or systems. As well, it should measure asset performance to identify potential actions to improve asset reliability and health with relevant and appropriate techniques. Performance of root cause analysis of identified incidents related to asset failure to determine all factors, causes and potential corrective actions to mitigate future occurrences is also an important aspect of integrated reliability.