Concordia

Reliability-Centred Maintenance (RCM)

How we deliver value

Structure & Strategy

Our standard solutions

Asset Management Planning
Asset Management Policies
Business Lifecycle Planning
Enterprise Asset Management Risk Assessments
Asset Management Business Case Development
Risk based Capital Planning
Leadership

How we add superior value

Strategic consideration of commercial and technical objectives
Influence with Executive language and concepts to get organisational buy in
Risk adjusted planning to communicate risk tolerance
Experience from the grassroots to boardroom to account for all stakeholder needs

Systems

Our standard solutions

Asset Condition and Integrity Assessment
Work Management Solutions
Maintenance Management and Strategies
Reliability Processes: RCM & RCA
Shutdown and Project Management
Maintenance Budgeting
Capital Management

How we add superior value

Coordinated problem solving that considers the needs of the whole organisation Foundational issues will be addressed first If underlying problems exist they will be uncovered Solutions will be generated that are sustainable and can be built upon A commercial appreciation for all solutions will enable coordinated outcomes

Skills

Our standard solutions

Asset Management Training Maintenance and Reliability Training Commercial Training for Engineers Leadership Coaching Mentoring for Engineers

How we add superior value

Executive Leadership experience which is delivered through training and coaching
Participants will gain a holisitc organisational wide perspective
Skills and knowledge will be shared from a broad organisational and industry experience.
Training will be delivered with candor and a style appropriate to whatever audience, commercial or technical

Value

Superior value

How we deliver value

Strategy & Structure

Systems

Skills

Enhancing Asset Reliability Through Proactive Maintenance Strategies

At Concordia Asset Management, we specialize in Reliability-Centred Maintenance (RCM) to help businesses improve asset reliability, reduce downtime, and optimize maintenance costs. Our approach integrates RCM analysis, predictive maintenance, and asset condition monitoring to ensure equipment performance is maximized while minimizing failures.

With a well-structured maintenance asset strategy, organizations can transition from reactive maintenance to a data-driven maintenance management system that enhances operational efficiency and extends asset life.

What is Reliability-Centred Maintenance (RCM)?

 

Understanding RCM Analysis & Asset Maintenance

Reliability-Centred Maintenance (RCM) is a systematic approach to asset reliability and failure prevention, ensuring that maintenance activities are:

  • Cost-effective and aligned with operational goals
  • Data-driven, using predictive and preventive maintenance techniques
  • Root cause analysis-based, ensuring failures are properly addressed

What Does RCM Stand for in Maintenance?

RCM stands for Reliability-Centred Maintenance, a framework designed to enhance:

  • Asset condition monitoring for proactive issue detection
  • Risk-based maintenance planning to minimize asset failures
  • Maintenance management strategies for long-term sustainability
Reliability-Centred Maintenance

RCM Analysis: Key Principles & Best Practices

What is the Reliability-Centred Maintenance (RCM) Golden Rule?

The RCM golden rule states that maintenance strategies must:

  • Ensure equipment functions as required

  • Minimize operational risks through predictive maintenance

  • Optimize cost-efficiency without over-maintaining assets

What Are the 7 Steps of RCM?

The seven-step RCM process provides a structured approach to maintenance optimization:

  1. System Selection & Prioritization – Identifying critical assets for RCM analysis

  2. System Functional Analysis – Understanding how equipment is expected to perform

  3. Failure Mode & Effects Analysis (FMEA) – Identifying potential failure modes

  4. Failure Consequences Analysis – Assessing the impact of failures on operations

  5. Maintenance Strategy Selection – Choosing predictive, preventive, or corrective maintenance

  6. Implementation of Maintenance Management Plan – Deploying best maintenance practices

  7. Continuous Monitoring & Performance Optimization – Ensuring long-term asset reliability

 

By following these steps, organizations can improve maintenance efficiency, reduce asset downtime, and enhance overall reliability.

RCM vs. Predictive & Preventive Maintenance

What is Predictive Maintenance & How Does It Improve Asset Reliability?

Predictive maintenance uses real-time asset condition monitoring and data analytics to:

  • Detect early signs of equipment deterioration

  • Reduce unnecessary maintenance costs

  • Extend the lifespan of critical assets

How Preventive Maintenance Complements RCM Strategies

Preventive maintenance involves scheduled maintenance tasks to prevent unexpected failures. When integrated with RCM analysis, preventive maintenance ensures:

  • Consistent asset performance with minimal downtime

  • Lower risk of catastrophic failures through proactive inspections

  • Improved equipment longevity and operational efficiency

Root Cause Analysis & Maintenance Strategy Optimization

How Root Cause Analysis (RCA) Improves Maintenance Management

Root cause analysis (RCA) helps identify:

  • Underlying reasons for equipment failures

  • Long-term solutions to prevent recurring issues

  • Data-driven maintenance decision-making

Developing an Effective Maintenance Strategy

An effective maintenance strategy incorporates:

 

  • Reliability-Centred Maintenance principles for failure prevention

  • Predictive maintenance technologies for condition-based monitoring

  • Preventive maintenance schedules to ensure long-term efficiency

Reliability-Centred Maintenance

Industries That Benefit from RCM

 

Who Needs Reliability-Centred Maintenance?

  • Manufacturing & Industrial Assets – Reducing equipment downtime and increasing production efficiency
  • Energy & Utilities – Ensuring reliability of power plants and distribution networks
  • Infrastructure & Transportation – Preventing system failures in critical public assets
  • Healthcare & Facility Management – Optimizing medical equipment maintenance for high uptime

Maximize Asset Performance with RCM Solutions from Concordia

 

At Concordia Asset Management, we help organizations implement RCM-based maintenance strategies that improve asset reliability, reduce maintenance costs, and enhance operational efficiency.

Our services include:

  • Comprehensive RCM analysis and implementation

  • Predictive and preventive maintenance solutions

  • Root cause analysis for optimized maintenance strategies

Contact us today to develop a data-driven RCM strategy for your business and ensure long-term asset reliability and cost efficiency.