Information Audit
Identifying and understanding the most critical operations assets

The purpose of the Information Audit is to thoroughly understand the criticality of assets, rates and causes of failures, replacement/overhaul schedules and the maintenance management practice. In essence it is to find the most logical starting point to for applying CM/CBM and knowing where the greatest benefit and ROI will be achieved.

The Information Audit consists of a reliability centered maintenance (RCM) analysis, criticality of assets analysis, root cause analysis (RCA), failure mode, effects and criticality analysis (FMEA/FMECA), review of current maintenance management practices, and a thorough collection of all historical data related to equipment performance. It includes conventional data from the CMMS, EAM/SCM, ERP and finding the data in the “one-offs” covering unplanned failures, equipment repair, etc. TI-data includes collection of two or more years of historical laboratory sample data from lubricant labs for analysis and building equipment profiles in our proprietary analysis database.

The purpose of the Information Audit is to understand the most critical equipment and components to monitor. We need to find the answers to the following questions:

• What equipment fails the most often?
• What equipment causes the most expensive failures?
• What equipment fails more than it “should”?
• What equipment prevents other equipment from operating?
• What equipment is being replaced/repaired prematurely?

We want to discover how the operating environment can be improved most immediately.

Performing an Information Audit categorizes assets according to criticality and failure history. CM/CBM Design is applied to the top quarter of the quadrant, i.e. highest critical assets with the highest frequency of failure.