Maintenance Metrics with Stuart Fergusson
Maintenance metrics is a very important part of a maintenance and reliability program because you can’t improve what you can’t measure. Performance measurement is necessary to derive those improvements that will help you carry out your maintenance activities the best way possible. It is a cycle that can be divided into three steps. First you have to enable you team members, then you have to train them, and in the end you have to measure their performance on a consistent basis using some standard KIPs. It is repetitive process and you have to perform these three steps often to make sure everything is going according to the plan.
In this episode, we covered:
- What steps to take?
- The differance between KPIs and metrics!
- Where to start!
- And much more!
I recently had the pleasure to interview Doug Stangier, co-author of 
In the previous articles, we looked at what type of analysis to use to evaluate the effectiveness of the PMs and if they are cost effective. Once the PMs have been optimized to ensure they are addressing the right failure modes, then they need to be made efficient. Below is an excerpt from a recent article in 
Would you spend $100 every week to prevent a possible issue that will result in a loss of $10? Probably not, so why is that we do that with our maintenance programs every single day? Often, PM and PdM activities are put into place without any thought to the economic impact of the activity. While in theory the PM or PdM activities will prevent or mitigate the consequences of the failure, is implementing one of these activities the right thing to do?
If you are lucky enough to have good failure data history in your CMMS, you are one of the few. But even if you have the data, can you use it to make a difference to your organization? Obviously, the data can be used to perform certain reliability engineering analyses, but what can those without reliability engineering experience do with the data?
