Modern equipment is now so complex and the consequences of failure are so serious that it is no longer possible to develop viable physical asset management strategies using traditional approaches. An array of proven analytical techniques and management processes are now available to deal systematically with the most pressing issues confronting the managers of physical assets.
Many of these techniques overlap and therefore, need to be applied in a coherent and efficient manner. RCM2 is the leading RCM methodology used to determine the maintenance requirements of any physical asset in its operating context. It is used to decide what must be done to ensure that any physical asset, system or process continues to do whatever its users want it to do.
The RCM2 process seeks to identify a suitable failure management policy for dealing with each failure mode in the light of its consequences and technical characteristics. The RCM2 process provides precise criteria for deciding how often routine tasks should be done.