Assignment on Shortcut RCM Methods and PM Optimization

Shortcut RCM methods and PM
Optimization are faster and cheaper

RCM implementation
• Concept of maintenance planning
• Successful implementation of RCM helps in increasing
cost effectiveness
• Hugh reliability and proper understanding of risks

Economic benefits of RCM
• Project is planned before it starts hence increases
efficiency
• The process pays for itself in few weeks and months
• Payback period might increase to 2 months as well

Economic benefits
• Higher plan performance is achieved, hence increasing
cost effectiveness
• Cost is reduced in plant maintenance
• Substantial reduction in direct maintenance cost