Asset Management and Reliability

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Asset Management and Reliability

Question 1: Reflective Essay

  • Provide an overview of RCM methodology, identify the benefits and limitations of this process (Word Limit : 500 words)
  • Provide an overview of FMEA process, identify its benefits and limitations (Word Limit : 500 Words)

Use Australian Standards AS IEC 60300.3.11 (Application Guide – RCM), AS IEC 60812 (FMEA) and reference text books for these questions.
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Question 2: Reflective Essay
Review of one Journal Article on RCM implementation case study (Search/access in library) and provide a summary.  (Word Limit: 1,000 words). Asset Management and Reliability
Question 3
3.1        Group Activity: Develop an FMEA Worksheet for the system below. (Note: Use Excel template provided. Please key-in the names of the group members in excel sheet)
3.2        Individual Activity: From the outcome of FMEA exercise, identify top three failure modes which were successfully mitigated by the team’s recommended action(s). Explain the basis of your rating/ranking. (Word Limit: 500 words)
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