Enterprise asset performance management improves plant maintenance

Plant operators can improve plant maintenance strategies by implementing a well-structured, integrated, and comprehensive approach to equipment reliability called "enterprise asset performance management" (EAPM).This approach requires that operators manage an asset to ensure that it meets the functional requirements expected of it across its entire life span.ExxonMobil Corp.'s deployment of an EAPM system in all of its refining, chemicals, and production affiliates has helped the company reduce maintenance costs by 30% and increase mechanical availability by 2%.In its simplest form, EAPM includes:Equipment strategies that ensure an asset will meet performance expectations at lowest li...

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