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Engineering data—electronic data from equipment/assets, inventory stock, operations, resources, and maintenance procedures. Serve as the foundation for the overlaying technologies, which in turn are used to support the MRO processes. EAM strategy implementation is impossible without the engineering data, technologies, or MRO processes. Citing industrial findings, MacArthur highlighted areas where improvement in R&M is needed. He said that in many operations, 10% of the asset base drives 90% of the cost and operational effects. And while studies have shown that 90% of asset/component failures are random and not based on time parameters, 90% of companies still run a predominantly time-based intrusive preventive maintenance program.

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At the completion of the Review RCM analysis, a documented equipment strategy will be available to ensure that the right maintenance is being performed for the specific type of failure mode. At this point, the organization can implement changes to their PM program and begin to experience an improvement in the effectiveness of their PM Program. “Ten years ago, a plant or asset manager made the decision in 70% of the cases. A maintenance manager would often be a champion working to convince a plant or asset manager to implement EAM.

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In 25% of the cases, it was decided as a corporate initiative. About 90% of the time, we are dealing with an enterprise approach to EAM, usually driven out of the corporate function of operations and production. Increasingly at the corporate levels of large industrial companies, there are designated vice presidents of asset management, which was never heard of 10 years ago,” MacArthur said.