Risk Scoring Using Your CMMS

posted by WMC

David Berger says ensure that you focus on the right work on the right assets at the right time.

With growing automation and more complex assets comes growing risk, where risk is defined as the probability and impact of a negative consequence. In the world of asset management, negative consequences can take many forms, such as premature failure, a more catastrophic failure than anticipated, or an incident or near miss involving an asset. This is why regulatory bodies have increased their vigilance and reporting requirements in almost every industry. It is also why accurate risk scoring using your CMMS has risen in importance.

You can read David’s article on the Plant Services website here.

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