Thursday, June 7, 2012

MRG is Featured in Uptime Magazine's June/July Edition!

MRG is Featured in Uptime Magazine's June/July Edition!
Operational Readiness:
Bridging the Gap Between Construction and Operations for New Capital Assets


There is ample proof and little argument today that organizations that deploy best reliability-based maintenance practices to existing operational assets produce significantly more asset availability at lower costs. Where making a profit is important, such organizations have a dramatic bottom-line impact and enhance their competitive footing. Numerous articles have been written detailing the mechanics of such programs and the successes of companies that have employed them. We argue (and empirical evidence supports) that developing such a program, that is bringing new assets into these reliability-based maintenance programs early in an asset's lifecycle, is more cost effective than developing a program at any other time, and can drive significant value both in the short and long term.

Think of best reliability-based maintenance practices as a risk-mitigation program designed to anticipate and mitigate potential problems that are likely to negatively impact total project value once operation begins. Such programs prepare the organization that will be responsible for the operation and maintenance of the new assets during design and construction. With the right preparation, the organization will be more ready to assume the operations duty than has historically been the case. The term "operational readiness" is rooted in this principle.

To read more, click here.

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