Monthly Archives: February 2015

Repainting Asset Condition Monitoring

Proactive asset owners and operators worldwide are moving away from inefficient time-based maintenance practices and looking to adopt forward looking condition-based methods. I like to compare asset maintenance to painting a house.  Occasional touch-ups will maintain a house in good condition for many years, but at some point this approach will no longer be sufficient and […]

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Is call for risk-based approach to Government Regulation achievable?

A growing trend among asset owners and operators worldwide is the move away from inefficient time-based maintenance practices and the adoption of more proactive condition-based methods. There were a couple of recommendations from the recent Murray inquiry into Australia’s financial system that I found particularly interesting. It called for a strengthening of ASIC’s investigative capacity […]

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