Reliability, Availability and Maintainability
Given growing competition from world market, an ever-present drive to reduce cost and increase profits,
businesses are being forced to seek more effective methods in managing their assets.
PT WIDE & PIN places great importance in ensuring that our clients are fully aware of the
true quantitative benefits that come from the adoption of new technology.
To achieve this DNV-JARDINE use a Risk Management approach. It incorporates independent technical specialist’s experience and advanced reliability techniques and software tools. This allows us to rapidly identify areas of potential improvement in a client’s business and to investigate and demonstrate the merits of alternative business solutions. Our clients therefore have the opportunity to:
To achieve this DNV-JARDINE use a Risk Management approach. It incorporates independent technical specialist’s experience and advanced reliability techniques and software tools. This allows us to rapidly identify areas of potential improvement in a client’s business and to investigate and demonstrate the merits of alternative business solutions. Our clients therefore have the opportunity to:
- Optimize their business strategy and mitigate potential risks in advance of any significant investment.
- Qualification of new technology.
- Production Availability and its influence on Cash-Flow
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Component failures reduce revenues and increase operating expenditures (OPEX).
The RAM analysis is a tool to assess the financial consequences of component failures,
and also to identify ways to improve profit (increased revenues and/or reduced costs).
System availability performance has an influence on all major cash-flow elements:
- Optimization of Revenue stream
- Operations and maintenance expenditures (OPEX)
- Capital expenditures (CAPEX)
- Work Process
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The main elements of a RAM analysis are:
- Establish what is critical to the assets (baseline model)
- Benchmark to historical performance
- Optimize through evaluation of alternative design, maintenance, logistics, operations and sales strategies
- Develop new Key Performance Indicators (KPI) for continuous improvement
- Software
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TARO
TARO simulator was developed specifically for the modeling of refinery in petrochemical plants. The production (gasoline and derivatives) efficiency is a complex interaction between reliability, blending and yield rules, flow routing, and intermediate storage options.
MAROS
MAROS predicts system effectiveness in terms of reliability, availability, productivity, and also profitability. MAROS is a well tried and tested package, first used in 1984, and subject to continuous improvement and development.