Reliability, Availability and Maintainability
To achieve this DNV-JARDINE use a Risk Management approach, incorporating a blend of independence, specialist technical 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
Component failures reduce revenues and increase operating expenditures (OPEX).
The RAM analysis is a tool to assess the financial consequence of component failures and to identify
ways to improve profitability (increased revenues and/or reduced costs).
System availability performance has an influence on all major cash-flow elements:
- Optimize Revenue stream
- Operations and maintenance expenditures (OPEX)
- Capital expenditures (CAPEX)
- Work Process
The main elements of a RAM analysis are:
- Establish what is critical to the asset (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
The TARO simulator developed specifically for the modeling of refining and petrochemical plants in which the production (gasoline and derivatives) efficiency is a complex interaction between reliability, blending and yield rules, flow routing, and intermediate storage options.
MAROS predicts system effectiveness in terms of reliability, availability, and productivity. It can be used to quantify the life-cycle cost effectiveness of a system, and conduct optimization to improve profitability. MAROS is a well tried and tested package, first used in 1984, and subject to continuous improvement and development.