Risk management
for the Real World

Effective risk management is an essential part of operating a modern business. Good design is only part of the solution: legislation means that through-life maintenance has to deliver safety and environmental performance that is acceptable to the community in which it operates. Reliability-centred Maintenance (RCM) is a key part of risk management for any twenty-first century business.

Physical assets

RCM: Risk management for physical assets

Effective risk management is an essential part of operating a modern business. Good design is only part of the solution: legislation means that through-life maintenance has to deliver safety and environmental performance that is acceptable to the community in which it operates. Reliability-centred Maintenance (RCM) is a key part of risk management for any twenty-first century business.

Reliability and Risk

Background materials for RCM facilitators

Reliability-centred Maintenance has been successfully applied in most industry sectors around the world, but there are aspects of the technique that consistently raise implementation problems. The papers in this section aim to clarify some of the issues that you may encounter during RCM implementation.

Inventory Analytics

Managing inventory and downtime risk

Engineering inventories of spare parts need to be where you need them, when you need them.
Our solutions take full account of inventory costs and the risks of prolonged downtime to ensure that your logistical and information infrastructure deliver the right parts on time, every time.

Real Consequences

Managing protective systems

Managing the risks associated with protective devices such as alarms, trips and standby systems is a growing challenge. If they fail while everything else is working normally, it doesn't usually matter at all if a protective device fails. On the other hand, failure in an emergency has real and potentially catastrophic consequences. This downloadable book is devoted to the effective management of hidden failures.