Failure Tracking

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Failure tracking is the practice of recording information about equipment failures. Any event in which equipment cannot perform its function within the limits and under the conditions required of it is considered a failure. The severity of a failure can range from potential to full failure.
APM uses the failure record’s date information to calculate statistics (such as time between failures) that measure equipment reliability and maintainability. Failure tracking also provides a way to measure the savings gained by avoiding failures. Failure tracking allows you to make informed decisions when targeting assets for improvement.
The topics in this section explain the concepts of failure tracking, how to practice failure tracking, and how to use failure information.