A Proactive Approach to Risk Management During Design
Sound design of any asset or system not only requires functionality but an integration of reliability and operability.
With PAMCO, you get the advantage of certified experts who can best guide your company through the design process, plus lift the burden of a multi-stage methodology to create optimal, proactive solutions.
Our Reliability Centered Design™ (RCD) methodology is a “zero-base” approach for assisting your company with every part of the design process. When used together with other reliability processes such as RCM, it can help you achieve a holistic approach to failure management from beginning to end.
RCD is applied during the conceptual phase (the earlier the better) and is a proactive approach (before failures occur). RCD is not a design process in itself but evaluates engineering designs for simplicity, integrity, reliability and operability.
With your company’s business objectives as its foundation, RCD considers and optimizes not just equipment reliability, but all the business processes that are required to make any new project successful. It provides a risk based evaluation and risk management strategy for all types of assets in all types of environments (Operating Contexts)
A Proactive Approach to Risk Management During Design
Sound design of any asset or system not only requires functionality but an integration of reliability and operability.
With PAMCO, you get the advantage of certified experts who can best guide your company through the design process, plus lift the burden of a multi-stage methodology to create optimal, proactive solutions.
Our Reliability Centered Design™ (RCD) methodology is a “zero-base” approach for assisting your company with every part of the design process. When used together with other reliability processes such as RCM, it can help you achieve a holistic approach to failure management from beginning to end.
Improve Reliability & Compliance
Our RCD methodology (integrated with RCM3™) extends reliability thinking to include risk-based solutions right from the start of any project. It places reliability mainstream with an organization’s risk management systems and policies. Furthermore, our methodologies underpin the International Standards for Physical Asset Management (ISO 55000), Risk Management (ISO 31000), Quality Management (ISO 9001 and ISO 9004), Life-cycle costing techniques (ISO 15663: Part 1) and Production-assurance (ISO 20815).
Here are the benefits of RCD as related to the ISO standards:
- Reduce ownership costs.
- Align engineering decisions with corporate and business objectives.
- Define common objective criteria that can be used by operators, maintainers, contractors and vendors and against which, business transactions may be managed and optimized (speak a common language).
- Reduce the risk of operating expenditure surprises (risks identified and mitigated upfront).
- Change and streamline the criteria for option selection (modeling and simulation of alternatives).
- Maximize the value of current operating experience (involve operations and maintenance right from the start).
- Provide a framework within which to compare options at all stages of development (optimization through option simulation).
- Provide a mechanism by which major cost drivers can be identified, targeted and reduced (quantified and based on real life scenarios – operating context).
- Clearly define failure management strategies (using RCM3 principles).
- Define business processes and resource requirements.
- Optimize protective and redundant systems.
- Meet production assurance requirements (full design life-cycle).
- Quantify risk through simulation and reliability analysis.
- Verify and validate production-assurance recommendations.
- Track and analyse performance data.