Leadership for Asset Management Excellence The Six Sigma Design Reliability

The Six Sigma Design for Reliability, like many Six Sigma continuous improvement methodologies, begins with a clear definition of the problem needing to be solved. In terms of Asset Management and the business of reliability or maintenance, improvement begins by selecting the business objectives. As part of the Leadership for Asset Management Excellence series, this volume will help you understand both the current and future business landscape, focusing your discussions broadly to include asset-centric and process-centric strategic objectives over the immediate and long-term lifecycle of your asset population. You will learn how to evaluate the desired operational specification and quantify the improvement business case in terms of Return On Assets, starting with a firm knowledge of how improvements in reliability might financially impact revenue, maintenance cost, and capital budgets.