Voices: Asset Manager

David Berger, P.Eng., has been a contributing editor since 1992, providing advice to management from Maintenance, Engineering and Operations on how to manage assets more efficiently and effectively. His monthly column, Asset Manager, covers a broad range of topics including asset management strategy, CMMS/EAM, asset management best practices, and organizational design issues.

Risk scoring using your CMMS

David Berger says ensure that you focus on the right work on the right assets at the right time.

By David Berger
Jun 9, 2015

With growing automation and more complex assets comes growing risk, where risk is defined as the probability and impact of a negative consequence. In the world of asset management, negative consequences can take many forms, such as premature failure, a more catastrophic failure than anticipated, or an incident or near miss involving an asset. This is why regulatory bodies have increased their vigilance and reporting requirements in almost every industry. It is also why accurate risk scoring using your CMMS has risen in importance.

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