Maintaining an effective reliability program is essential to optimizing maintenance costs, mitigating unplanned asset failure, and improving compliance. To achieve this level of success, facilities must understand how to measure program performance in relation to specific internal performance, safety, compliance, and budgetary goals. Facilities should also measure their programs against best-in-class industry standards to see where their performance ranks. Conducting a Maintenance and Reliability (M&R) Practices Assessment can help your facility understand whether you are spending money in the appropriate areas, reducing risk of unplanned asset failures, and meeting safety and compliance standards.
PinnacleART’s Maintenance and Reliability Practices Assessment helps facilities proactively identify current performance levels, in relation to target performance goals. Our service incorporates all major M&R program elements associated with industry standards and best practices, and our team uses both quantitative and qualitative methods to measure performance.
By assessing M&R elements such as leadership, planning and scheduling, equipment reliability, technology utilization, key performance indicators, document management, and project management, we are able to score your practices and benchmark performance levels. Each of these elements can be customized as needed to align with a client’s own internal best practices. As part of the assessment, PinnacleART identifies areas of strong performance, as well as areas that need improvement. By identifying improvement opportunities and justifications, we are able to provide direct and specific actions to take in order to most efficiently achieve business objectives. Improvement opportunities identified include action items, responsible individuals, resource requirements, return-on-investment, and implementation time.
Through PinnacleART’s M&R Practices Assessment, facilities achieve:
Knowledge of how facility performs against best practices.
Detailed program improvement plan outlining action items, responsible individuals, resource requirements, and implementation time. This plan will make the largest improvement for the smallest cost and/or time frame.
Focus on increased facility reliability and decreased risk of unplanned failures.
Optimization of maintenance costs and expenditures by identifying the most cost effective program improvements and elimination of low-value activities.
Interested in learning more? Reach out to us with your questions.