Applied Reliability and Durability Conference
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2017
North America

Red Room - Session 7

10:30 to 11:30 a.m. Thursday, June 15, 2017

Application of Reliability Concepts in Asset Management

Reliability modeling in asset management has been a successful strategy implemented by many companies worldwide. Developing reliability models for asset management has the potential of reducing maintenance cost while assuring optimization of capital investment strategy. This presentation examines a strategic framework for reliability modeling in asset management and a case study to detail the strategy.

Key Words: Asset Management, Reliability Modeling, Strategy Development, Reliability Management

Juan Vazquez

PPL Corporation

Allentown, Pennsylvania