The continual debates and semantical posturing over the difference between maintenance and reliability engineering is one of the most astoundingly ridiculous debates to emerge in physical asset management in the last 10 years.
For an industry that routinely generates large volumes of documentation, it is shocking to see just how bad many of them are. A lot of it is pseudo-intellectual garbage that is often written by ivory tower engineers.
John Moubray's article speaking out against streamlined RCM approaches was a watershed article. For the first time, Moubray spoke about the coming age of accountability for those charged with managing assets, and the need for defensibility in decision-making.
Since the turn of the century we have seen physical and financial asset management drawing closer and closer together. Particularly with some of the work that has gone into the fields of asset economics in the UK Utility and Rail industries.
The last few months have seen many of our colleagues thrown out of work as the economic crisis begins to take its toll on working men and women all over the world. The truly unfortunate thing is that these people had absolutely no way of taking positive action to...
We are always planning for the last big event. As the mining and commodities industries went into a once-in-a-century boom, miners and oil companies scrambled to increase their capacity to get the most out of it.
During the holiday period I spent a lot of time thinking about efficiency. We moved, myself and my family, from the Middle East to Australia where we now live in New South Wales. (Wonderful place, visit me sometime.)