J.D. Solomon
Why Consider Asset Obsolescence Before Field Condition Assessments
Obsolescence is a driving force behind the decisions to renew or replace assets. However, most asset management programs wait until after...
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J.D. Solomon
- Feb 7
Why I Take These 3 Tools to Every Asset Management Condition Assessment
I take these three tools to every asset management condition assessment I am a part of. Of course, the tools, techniques, and methods of...
J.D. Solomon
- Jan 3
The Top 10 Safety Tips for Asset Managers
Asset managers often go to the field to view their equipment, collect missing asset data, or support condition assessments. We recently...
J.D. Solomon
- Dec 12, 2022
Why Minimizing Information Systems Improves Your Asset Management Program
I love data as a reliability engineer. In fact, I consume data like food – and I have a big appetite. The hardest thing to do is to push...
J.D. Solomon
- Dec 7, 2022
Controversial Thoughts on Operationalizing Asset Management for Better Results
Are you drowning in the many activities related to what to do in your asset management program? Are you spending valuable resources and...
J.D. Solomon
- Nov 21, 2022
How to Improve Your Communication of Probability to Senior Management
The Chance of Rain Most people do not understand what the chance of rain means. Some believe it means it will rain "30% of the day,"...
J.D. Solomon
- Oct 11, 2022
How to Overcome the Fear of Using the Wrong Probability Distribution
Probability Distributions The probability density function (PDF) is applied to continuous random variables, whereas the probability...
J.D. Solomon
- Sep 26, 2022
Three Solutions for Establishing Useful Probability Distributions
Monte Carlo simulations are the best approach for assessing uncertainty for future infrastructure and facilities funding requirements....
J.D. Solomon
- Sep 19, 2022
Why Are You Wasting Infrastructure Money By Not Using Monte Carlo Analysis?
Understanding the total cost of ownership is a fundamental principle of asset management of facilities and infrastructure. However, all...
J.D. Solomon
- Sep 13, 2022
Why I Will Never See an Ensemble Model on an Asset Management Project
Hurricane tracking is very good these days, especially in forecasting storm intensity and location two to seven days in advance....
J.D. Solomon
- Sep 5, 2022
Why Considering the Likelihood of Failure is Bad for Business Risk
An incredible number of technical professionals believe that effective asset management can only be performed with a meaningful...
J.D. Solomon
- Sep 3, 2022
Choosing the Right Performance Indicators for Strategic Plans, Asset Management
The idea of anything worth doing is worth measuring is a persistent one. The persistent problem is that measuring performance becomes...
J.D. Solomon
- Aug 22, 2022
No Practical Difference Between Strategic Plan and Asset Management Policy
A common question is whether the Board of Directors should approve the Asset Management Policy. The short answer is yes. The longer...
J.D. Solomon
- Jun 20, 2022
Why Does Your Asset Management Program Lack Asset Values? (and why it matters!)
Asset management for facilities and infrastructure has fallen into the leadership realm of gearheads and data managers. The result is...
J.D. Solomon
- Jun 6, 2022
Condition Assessments: Ten Important Things Before Going to The Field
Hopefully, you have already determined the purpose of the condition assessment, developed a subsystem-asset approach based on...
The Experts
- Jun 1, 2022
Three Things You Need to Know About Criticality Analysis
Three things to remember about criticality analysis are: 1. Criticality analysis is the essential first step in any improvement program...
News
- May 9, 2022
Three Helpful Articles on Asset Management and Decision Making
Relaibilityweb.com recently published three articles from JD Solomon on asset management and decision making. Whether you want to be a...
J.D. Solomon
- Feb 21, 2022
Using SOAP Will Save Your Criticality Analysis Time and Money
The Solomon-Oldach Asset Prioritization (SOAP) method is an alternate method for conducting criticality analysis for use on industrial...
J.D. Solomon
- Feb 8, 2022
Improving System Performance Starts with a Criticality Analysis
Criticality is a measure of the relative importance of something to an organization's mission or objectives. I prefer using critical and...
J.D. Solomon
- Jan 20, 2022
Operationalize Risk by Making It More Understandable To Front-Line Staff
Think about the greatest risk you have encountered in the past five years. Maybe it was related to physical injury or serious sickness....
Experts
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