A quantitative method for Failure Mode and Effects Analysis

Failure Mode and Effects Analysis (FMEA) is commonly used for designing maintenance routines by analysing potential failures, predicting their effect and facilitating preventive action. It is used to make decisions on operational and capital expenditure. The literature has reported that despite its popularity, the FMEA method lacks transparency, repeatability and the ability to continuously improve maintenance routines. In this paper an enhancement to the FMEA method is proposed, which enables the probability of asset failure to be expressed as a function of explanatory variables, such as age, operating conditions or process measurements. The probability of failure and an estimate of the total costs can be used to determine maintenance routines. The procedure facilitates continuous improvement as the dataset builds up. The proposed method is illustrated through two datasets on failures. The first was based on an operating company exploiting a major gas field in the Netherlands. The second was retrieved from the public record and covers degradation occurrences of nuclear power plants in the United States