Failure Analysis enables you to track an asset failure from the time it is reported until its resolution. Statistics from your collected failure data provide you with information on why an event occurs and causes your asset failure. You can then take the necessary steps to eliminate that event. Additionally, you can use the failure statistics, among others, to help you formulate your Reliability-Centered Maintenance (RCM) program. Failure hierarchies that support multiple-level failure reporting provide effective root cause and reliability analysis. For specific asset groups or rebuildable items, each failure (problem) has a defined number of root causes, with each root cause having a defined number of resolutions (remedies).
When failure is reported, each work order represents one single failure occurrence (event) for the asset specified on the work order. The cost to repair an asset that fails to a normal, operational state is assumed to be the charges accumulated in the work order that is associated with the failure. If the repair is outsourced to an external party and requisitioned on a purchase order, a work order must be created to collect the repair costs for Failure Analysis to pick it up.
Failure Analysis topics include the following: