Condition Based Maintenance Strategy for Equipment Failure Prevention

http://www.lifetime-reliability.com/condition_based_maintenance.html 

Most equipment failures have no relationship to length of time in-service. Most failures are unpredictable. But if you detect a future failure early, you can plan and do the repair cost effectively before it becomes a breakdown.

Abstract:

Condition Based Maintenance Strategy. With only about 15% to 20% of your equipment failures being age related, and the other 80% to 85% being totally time-random events, how can you improve the uptime of your plant and facility? This article explains how to detect the random failures that make-up the vast majority of maintenance expense and production downtime by using simple, low cost condition monitoring methods.