Leading indicators measure maintenance effectiveness more accurately

The current plant environment requires measurements that can predict, not just measure, the outcomes from maintenance activities. One strategy is to examine a set of leading indicators to judge how well the investments are going to pay backin advance of the results, which is a lagging indicator.Maintenance personnel need to measure interim indicators that affect the final outcomes for the month. Measuring maintenance is like investing in the stock market; investments should be geared to high value returns that are provable.If the leading indicators are "bearish," there is time to take corrective actions. If the leading indicators are "bullish," the maintenance efforts (investments) are go...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected