Reliability Centered Maintenance (RCM)
Reliability Centered Maintenance (RCM) is the concept of
developing a maintenance scheme based on the reliability
of the various components of the system or product in question.
Implementing a preventative maintenance program using RCM
can greatly reduce the the cost of ownership of a product
Developing an effective RCM program requires extensive knowledge
about the reliability and maintainability of the system
and all of its subsequent components. Important factors
include the MTTR (Mean Time
To Repair) and failure rate (total number of failures
within a given time period) of the product or system.
more information: http://www.reliability-centered-maintenance.com/