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Living RCM embeds directly in the day-to-day work order process. It addresses, via its "Events" table, the vital requirement for a linkage between the reliability knowledge base, the historical work order records, and CBM / real time databases. Without the RCM-to-CMMS linkage, reliability analysis, must rely on outmoded, inconsistent, and imprecise failure codes. Little useful reliability analysis or improvement has resulted from the compilation of instances of conventional failure codes.
Rather, LRCM unifies work orders with appropriate RCM knowledge records.

Furthermore, the methodology identifies the Event Type. This makes the necessary distinction among potential failures, functional failures, and suspensions. The two reliability-centered information element

Event type and RCM reference enable users to verify the effectiveness of current decisions and thereby implement optimal decision policies.

LRCM is a knowledge-oriented system, wherein experience increments the growing reliability knowledge base, which, in turn, promotes improved day-to-day decision making. The new platform integrates the OMDEC EXAKT CBM optimization tool for practical predictive maintenance decision making. Users can now apply RCM practices that will safely lower the cost of asset operation - a key focus in maintenance today.

LRCM includes an advanced KPI management tool that drills through to the work order and failure mode level. Hence, managers may dissect each KPI to reveal the actual policies, equipment and failure modes that impact performance. LRCM, the ultimate maintenance intelligence tool, will ensure your organization’s continuous improvement cycle.

What’s new in EXAKT version 4.2:

EXAKT's latest version (4.2) introduces more flexibility and refines equipment operation.

Prompted by inputs from the CBM Consortium's industrial members, the new version of EXAKT now provides the user with new ways of optimizing the balance between replacement and failure. Currently in EXAKT, the focus is on cost optimization - that is finding the most cost-effective balance between preventive replacement and failure repair. With the new version, users can now add two more optimizing alternatives.

First, for the customer who wants to optimize availability, a menu option is included which focuses exclusively on downtime predictions. This is important in those operating situations where firm delivery commitments have been made - where the decision is to "run at all costs".

Second, where the customer wants to be able to balance both availability and cost, another menu option does just that. The output report shows both the availability of the equipment in percentage terms plus the cost per hour of the preventive : failure mix that is proposed. The user can thus factor in (for example) any penalty payments that may be incurred as a result of non-delivery, see the impact on the overall costs and balance that against the predicted equipment availability.

Beyond these two new benefits, EXAKT 4.2 can now actively graph the sensitivity of the hazard or failure curve and the cost curve. These graphs will show how the balance of preventive versus failure varies as the probability of failure and the costs change - an important piece of the puzzle as EXAKT refines the maintenance decision.

These added capabilities emphasize the added value of EXAKT in promoting guaranteed equipment operation and enhancing the user's delivery commitments.

Please let us know when you would like a demo or more details.