Asset Management Planning
Asset Management Policies
Business Lifecycle Planning
Enterprise Asset Management Risk Assessments
Asset Management Business Case Development
Risk based Capital Planning
Leadership
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
Asset Condition and Integrity Assessment
Work Management Solutions
Maintenance Management and Strategies
Reliability Processes: RCM & RCA
Shutdown and Project Management
Maintenance Budgeting
Capital Management
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
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.
Reliability-Centred Maintenance (RCM) is a systematic approach to asset reliability and failure prevention, ensuring that maintenance activities are:
RCM stands for Reliability-Centred Maintenance, a framework designed to enhance:
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
The seven-step RCM process provides a structured approach to maintenance optimization:
System Selection & Prioritization – Identifying critical assets for RCM analysis
System Functional Analysis – Understanding how equipment is expected to perform
Failure Mode & Effects Analysis (FMEA) – Identifying potential failure modes
Failure Consequences Analysis – Assessing the impact of failures on operations
Maintenance Strategy Selection – Choosing predictive, preventive, or corrective maintenance
Implementation of Maintenance Management Plan – Deploying best maintenance practices
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.
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
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 (RCA) helps identify:
Underlying reasons for equipment failures
Long-term solutions to prevent recurring issues
Data-driven maintenance decision-making
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
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.