Reliability Engineering

Organizations need a role that is focused on improving the total cost of ownership for the assets while optimizing the value produced by those assets. That role is best filled by the Reliability Engineer.

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The reliability engineering work stream includes the processes that should be used to optimize the value of the assets by focusing on the three primary roles of the Reliability Engineer:

  1. Review and participate in capital projects to ensure total cost of ownership is considered
  2. Own and optimize the preventive and predictive maintenance processes
  3. Systematically identify and eliminate production losses and asset failures

Scope of Services

Assessments, coaching in process development, and over-the-shoulder coaching in:

  • Asset Hierarchy
  • Asset Criticality
  • Asset Risk Control Strategy Development
  • Maintenance Plan Development
  • Bill of Materials Creation
  • Critical Spares Evaluation
  • Loss Elimination
  • Root Cause Analysis
  • PM Optimization
  • Management of Change
  • FMEA
  • Asset Data Collection


The LCE subject matter expert will teach the organization to deploy the required processes that will result in a Risk Based Asset Management (RBAM®) approach to:

  • Classify the assets by a logical hierarchy and in relationship to the value stream
  • Analyze the assets by determining their relative criticality and impact to the value stream and identifying the failure modes that will affect the value stream
  • Control the assets by developing maintenance strategies that will eliminate, minimize or control those failure modes
  • Measure the performance of the value stream and control strategies


  • A documented understanding of the value stream and asset hierarchy
  • A systematic process for determining the relative criticality of the assets
  • An in-depth analysis of the failure modes and mitigation strategies
  • Robust production loss tracking and loss elimination processes that will guide the organization to areas of overall improvement

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