Reliability Analysis and Asset Management of Engineering Systems

2021-09-24
Reliability Analysis and Asset Management of Engineering Systems
Author: Escola Politécnica da USP
Publisher: Elsevier
Total Pages: 316
Release: 2021-09-24
Genre: Business & Economics
ISBN: 0128235225
GET BOOK

Reliability Analysis and Asset Management of Engineering Systems explains methods that can be used to evaluate reliability and availability of complex systems, including simulation-based methods. The increasing digitization of mechanical processes driven by Industry 4.0 increases the interaction between machines and monitoring and control systems, leading to increases in system complexity. For those systems the reliability and availability analyses are increasingly challenging, as the interaction between machines has become more complex, and the analysis of the flexibility of the production systems to respond to machinery failure may require advanced simulation techniques. This book fills a gap on how to deal with such complex systems by linking the concepts of systems reliability and asset management, and then making these solutions more accessible to industry by explaining the availability analysis of complex systems based on simulation methods that emphasise Petri nets. - Explains how to use a monitoring database to perform important tasks including an update of complex systems reliability - Shows how to diagnose probable machinery-based causes of system performance degradation by using a monitoring database and reliability estimates in an integrated way - Describes practical techniques for the application of AI and machine learning methods to fault detection and diagnosis problems

Reliability Analysis for Asset Management of Electric Power Grids

2019-03-18
Reliability Analysis for Asset Management of Electric Power Grids
Author: Robert Ross
Publisher: John Wiley & Sons
Total Pages: 530
Release: 2019-03-18
Genre: Science
ISBN: 1119125170
GET BOOK

A practical guide to facilitate statistically well-founded decisions in the management of assets of an electricity grid Effective and economic electric grid asset management and incident management involve many complex decisions on inspection, maintenance, repair and replacement. This timely reference provides statistically well-founded, tried and tested analysis methodologies for improved decision making and asset management strategy for optimum grid reliability and availability. The techniques described are also sufficiently robust to apply to small data sets enabling asset managers to deal with early failures or testing with limited sample sets. The book describes the background, concepts and statistical techniques to evaluate failure distributions, probabilities, remaining lifetime, similarity and compliancy of observed data with specifications, asymptotic behavior of parameter estimators, effectiveness of network configurations and stocks of spare parts. It also shows how the graphical representation and parameter estimation from analysis of data can be made consistent, as well as explaining modern upcoming methodologies such as the Health Index and Risk Index. Key features: Offers hands-on tools and techniques for data analysis, similarity index, failure forecasting, health and risk indices and the resulting maintenance strategies. End-of-chapter problems and solutions to facilitate self-study via a book companion website. The book is essential reading for advanced undergraduate and graduate students in electrical engineering, quality engineers, utilities and industry strategists, transmission and distribution system planners, asset managers and risk managers.

Engineering Asset Management

2011-02-03
Engineering Asset Management
Author: Dimitris Kiritsis
Publisher: Springer Science & Business Media
Total Pages: 997
Release: 2011-02-03
Genre: Technology & Engineering
ISBN: 0857293206
GET BOOK

Engineering Asset Management discusses state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Fourth World Congress on Engineering Asset Management (WCEAM). It is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering such topics as asset condition monitoring and intelligent maintenance; asset data warehousing, data mining and fusion; asset performance and level-of-service models; design and life-cycle integrity of physical assets; deterioration and preservation models for assets; education and training in asset management; engineering standards in asset management; fault diagnosis and prognostics; financial analysis methods for physical assets; human dimensions in integrated asset management; information quality management; information systems and knowledge management; intelligent sensors and devices; maintenance strategies in asset management; optimisation decisions in asset management; risk management in asset management; strategic asset management; and sustainability in asset management.

Asset Maintenance Engineering Methodologies

2018-04-17
Asset Maintenance Engineering Methodologies
Author: José Manuel Torres Farinha
Publisher: CRC Press
Total Pages: 337
Release: 2018-04-17
Genre: Technology & Engineering
ISBN: 1351869337
GET BOOK

The book aims to be reading for asset maintenance management in a perspective of whole life cycle of any type of physical asset. It deals with acquisition management, including econometric models to evaluate its life cycle, and the maintenance policies to adopt during its life until withdrawal. It also covers vital areas such as EAM/CMMS systems and its integration with the many technologies that are used to aid condition monitoring and the internet of things to improve maintenance management and to increase equipment availability. This will equip readers with new management methodologies, their requisites, and its importance to the improvement of corporate competitiveness. Key Features • Presents life cycle analysis in asset management • Attribution of tools to improve the life cycle of equipment • Provides assistance on the diagnosis of the maintenance state • Presentation of the state-of-the-art of technology to aid maintenance • Explores integration of EAM/CMMS systems with internet of things

Current Trends in Reliability, Availability, Maintainability and Safety

2015-12-14
Current Trends in Reliability, Availability, Maintainability and Safety
Author: Uday Kumar
Publisher: Springer
Total Pages: 722
Release: 2015-12-14
Genre: Technology & Engineering
ISBN: 3319235974
GET BOOK

Containing selected papers from the ICRESH-ARMS 2015 conference in Lulea, Sweden, collected by editors with years of experiences in Reliability and maintenance modeling, risk assessment, and asset management, this work maximizes reader insights into the current trends in Reliability, Availability, Maintainability and Safety (RAMS) and Risk Management. Featuring a comprehensive analysis of the significance of the role of RAMS and Risk Management in the decision making process during the various phases of design, operation, maintenance, asset management and productivity in Industrial domains, these proceedings discuss key issues and challenges in the operation, maintenance and risk management of complex engineering systems and will serve as a valuable resource for those in the field.

Definitions, Concepts and Scope of Engineering Asset Management

2010-11-02
Definitions, Concepts and Scope of Engineering Asset Management
Author: Joe E. Amadi-Echendu
Publisher: Springer Science & Business Media
Total Pages: 400
Release: 2010-11-02
Genre: Technology & Engineering
ISBN: 1849961786
GET BOOK

Definitions, Concepts and Scope of Engineering Asset Management, the first volume in this new review series, seeks to minimise ambiguities in the subject matter. The ongoing effort to develop guidelines is shaping the future towards the creation of a body of knowledge for the management of engineered physical assets. Increasingly, industry practitioners are looking for strategies and tactics that can be applied to enhance the value-creating capacities of new and installed asset systems. The new knowledge-based economy paradigm provides imperatives to combine various disciplines, knowledge areas and skills for effective engineering asset management. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, China. Definitions, Concepts and Scope of Engineering Asset Management will be of interest to researchers in engineering, innovation and technology management, as well as to managers, planners and policy-makers in both industry and government.

Asset Management

2012-01-13
Asset Management
Author: Telli Van der Lei
Publisher: Springer Science & Business Media
Total Pages: 176
Release: 2012-01-13
Genre: Technology & Engineering
ISBN: 9400727232
GET BOOK

In the past decades asset intensive companies have witnessed a number of regulatory changes and especially industry is facing ever increasing competitiveness. To overcome these challenges different asset management methods have been developed aimed to improve the asset life cycle. Especially the design phase and operation and maintenance phase have seen a rise in tools and methods. Smarter design can lead to improved operation. Likewise, improved operation and maintenance leads to lower replacement costs and may provide the basis for better design. This book brings together and coherently presents the current state of the art in asset management research and practice in Europe from a life cycle perspective. Each chapter focuses on specific parts of this life cycle and explains how the methods and techniques described are connected and how they improve the asset life cycle, thus treating this important subject from a unique perspective.

Repairable Systems Reliability Analysis

2020-10-20
Repairable Systems Reliability Analysis
Author: Rajiv Nandan Rai
Publisher: John Wiley & Sons
Total Pages: 400
Release: 2020-10-20
Genre: Technology & Engineering
ISBN: 1119526272
GET BOOK

This book provides an application-oriented framework for reliability modeling and analysis of repairable systems in conjunction with the procurement process of weapon systems and throughput analysis for industries. Most of the reliability literature is directed towards non-repairable systems, that is, systems that fail are discarded or replaced. This book is mainly dedicated towards providing coverage to the reliability modeling and analysis of repairable systems that undergo failure-repair cycles. This unique book provides a comprehensive framework for the modeling and analysis of repairable systems considering both the non-parametric and parametric approaches to deal with their failure data. The book presents MCF based non-parametric approach with several illustrative examples and the generalized renewal process (GRP) based arithmetic reduction of age (ARA) models along with its applications to the systems failure data from the aviation industry. A complete chapter on an integrated framework for procurement process is devoted by utilizing the concepts of multi-criteria decision-making (MCDM) techniques which will of a great assistance to the readers in enhancing the potential of their respective organizations. This book also presents FMEA methods tailored for GRP based repairs. This text has primarily emerged from the industrial experience and research work of the authors. A number of illustrations have been included to make the subject lucid and vivid even to the readers who are relatively new to this area. Besides, various examples have been provided to display the applicability of presented models and methodologies to assist the readers in applying the concepts presented in this book.

Infrastructure Asset Management with Power System Applications

2018-03-29
Infrastructure Asset Management with Power System Applications
Author: Lina Bertling Tjernberg
Publisher: CRC Press
Total Pages: 583
Release: 2018-03-29
Genre: Technology & Engineering
ISBN: 1498708684
GET BOOK

Infrastructure Asset Management with Power System Applications is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner. It includes management of the whole lifecycle of a physical asset from design, construction, commission, operation, maintenance, modification, decommissioning, and disposal. It covers budget issues and focuses on asset management of an infrastructure for energy—i.e., the electric power system. Features Offers a comprehensive reference book providing definitions, terminology, and basic theories as well as a comprehensive set of examples from a wide range of applications for the electric power system and its components. Spans a wide range of applications for the electric power system area, including real data and pictures. Contains results from recently published research and application studies. Includes a wide range of application examples for the electric power systems area from hydro, nuclear, and wind, plus shows future trends. Contributes to the overall goals of developing a sustainable energy system by providing methods and tools for a resource efficient use of physical assets in the electric power system area.