Probability Distributions The probability density function (PDF) is applied to continuous random variables, whereas the probability...

Monte Carlo simulations are the best approach for assessing uncertainty for future infrastructure and facilities funding requirements....

Understanding the total cost of ownership is a fundamental principle of asset management of facilities and infrastructure. However, all...

Hurricane tracking is very good these days, especially in forecasting storm intensity and location two to seven days in advance....

An incredible number of technical professionals believe that effective asset management can only be performed with a meaningful...

The idea of anything worth doing is worth measuring is a persistent one. The persistent problem is that measuring performance becomes...

A common question is whether the Board of Directors should approve the Asset Management Policy. The short answer is yes. The longer...

Asset management for facilities and infrastructure has fallen into the leadership realm of gearheads and data managers. The result is...

Hopefully, you have already determined the purpose of the condition assessment, developed a subsystem-asset approach based on...

Three things to remember about criticality analysis are: 1. Criticality analysis is the essential first step in any improvement program...

Relaibilityweb.com recently published three articles from JD Solomon on asset management and decision making. Whether you want to be a...

SOAP can result in staff time savings of up to 70% compared to traditional methods.

Criticality analysis is the best way to prioritize organizational activities.

Think about the greatest risk you have encountered in the past five years. Maybe it was related to physical injury or serious sickness....

Organizations change their Enterprise Asset Management System (EAMS) or Computerized Maintenance Management System (CMMS) many reasons....

The observations provided in this session two years ago are applicable today. Many thanks to Kathryn Benson and Wayne Littman for...

The most significant value is the holistic relationships of the inputs because all of the inputs must make sense independently and together.

There is no substitute for having the right tool for the job.

Risk matrices are one way to perform risk-based prioritization. The approach is qualitative, or describes the quality of the risks, and...

Business support software like work management, asset management, capital program management, and billing management have more in common...