Risk-based maintenance allows to organize the equipment hierarchically according to its risk of failure, which is determined for each equipment and results from the product of two indices, the failure occurrence and the severity.

High maintenance costs and frequent interruptions in production due to equipment failures are symptoms of inefficient maintenance management of an equipment park. Risk Based Maintenance (RBM) is a tool which organizations can use to optimize their maintenance management. This article shows a process of implementing RBM.

The more complex the equipment set on a factory, the more difficult becomes to manage maintenance as efficiently as possible. Questions arise like: Am I wasting unnecessary resources on maintenance? Where can I reduce maintenance costs? Should I hire conditioned based maintenance services? On which equipment should I apply conditioned based maintenance techniques? Can I assume corrective maintenance policy? In which equipment can I apply corrective maintenance?

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