by Dave Alexander | Mar 22, 2026 | FMEA Articles, Reliability Engineering
By Dave Alexander, Managing Director, HolisticAM. Master of Maintenance and Reliability (Monash University); former Chair, Victorian Asset Management Council. Last updated: 8 September 2026. FMECA (Failure Mode, Effects, and Criticality Analysis) is a structured,...
by Dave Alexander | Mar 22, 2026 | Maintenance Strategy, Reliability Engineering
Most maintenance organisations know their reactive maintenance ratio is too high. Fewer know what it actually costs them. After 30 years working across mining, rail, utilities, and manufacturing, the pattern is consistent: heavily reactive organisations spend far more...
by Dave Alexander | Mar 22, 2026 | Reliability Engineering
Reliability engineering is the discipline of ensuring that assets and systems perform their required functions without failure for a specified period under stated conditions. It combines engineering analysis, statistical modelling, and structured maintenance strategy...
by Dave Alexander | Mar 22, 2026 | Asset Management Plan, Reliability Engineering
Asset management is the coordinated activity of an organisation to realise value from assets across their full lifecycle. Governed internationally by ISO 55001, it provides a systematic framework for making decisions about assets that align with business objectives...
by Dave Alexander | Mar 22, 2026 | Asset Management Plan, Reliability Engineering
Operational readiness is the work that makes a new, expanded, or recommissioned asset ready to run at design intent from the day it is handed over. It puts the maintenance strategy, spare parts, systems, and trained people in place before the asset enters service, so...
