The Risk Assessment identifies the integrity of the critical elements in a plant and analyse their modes of failure. Its process, applied consistently throughout the organization, empowers management to better identify, evaluate and exploit the right risk for their business, while maintaining the appropriate controls to ensure effective and efficient operations and regulatory compliance
Predict the risk
The risk assessment analysis is an important preliminary step prior implementing any maintenance management solutions, particularly the predictive maintenance system. While in theory it is possible to monitor every single equipment in a plant, it is economically not sustainable to do so.
AVOID THE RISK
The Risk Assessment identifies the integrity of the critical elements in a plant and analyse their modes of failure. Its process, applied consistently throughout the organization, empowers management to better identify, evaluate and exploit the right risk for their business, while maintaining the appropriate controls to ensure effective and efficient operations and regulatory compliance
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