What are the disadvantages of aging in plants
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Culture and maintenance practices determine long-term performance and maintenance costs, not asset age.
Study indicates that maintenance practices, not asset age, determine long-term asset performance.
By Jeff Dudley, Solomon Associates
Operators frequently indicate that the amount of equipment involved in a process, the complexity of the equipment, and asset age all have a significant impact on reliability and maintenance spending. While these assumptions appear correct, a deeper analysis reveals that none of these factors have a direct negative impact on asset performance.
Through its International Study of Plant Reliability and Maintenance (RAM) Effectiveness—a detailed comparative benchmarking study that focuses on the reliability and maintenance costs required to maintain a specific group of Process Family assets—we analyzed the strategy that drives reliability and maintenance spending and the resulting production loss. This production loss is monetized, and a value assigned to it.
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