Hello everyone - just wanted to make you aware of a FREE online tool to analyze equipment risk. If you are starting a criticality assessment project or seeking a simple approach to identify operational risk for your equipment, you may want to utilize this. Upload your maintenance history and the solution will analyze failure probability & consequence to rank risky assets, identify failure rates off industry benchmarks as well as highlight assets which may impact your current production plan.
If you are looking for quick, quantitative insights to drive reliability improvements this could be helpful for your program and best of all it's offered to the maintenance and reliability community as a free resource to enable your initiatives.Check it out here: https://www.assetriskanalyzer.com
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