Abstract
Selecting the most appropriate maintenance strategy is a Multi Criteria Decision Making (MCDM) problem. The paper will explore the main challenges for selecting maintenance strategy in an oil refinery plant. Traditional maintenance selection practices are challenged and new methods are proposed. Based on primary and secondary data, five main criteria considered in decision analysis i.e. process criticality, operational reliability, safety, operating point and cost associated with mechanical failures or service deterioration. The decision-making framework evaluated the appropriateness of the implementation of condition based monitoring in an oilfield as case study. The research output to date suggests that in many cases the total life cycle cost could considerably reduce using the proposed decision making framework.
Original language | English |
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Title of host publication | Implications of life cycle analysis in asset and maintenance management |
Publisher | Condition Monitoring and Diagnostic and Engineering |
Publication status | Published - 16 Sept 2014 |
Event | 27th International Congress of Condition Monitoring and Diagnostic Engineering - Brisbane Australia Duration: 16 Sept 2014 → 18 Sept 2014 |
Conference
Conference | 27th International Congress of Condition Monitoring and Diagnostic Engineering |
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City | Brisbane Australia |
Period | 16/09/14 → 18/09/14 |
Keywords
- Mainteance Strategy,Fuzzy Logic, Analytical Hierarchy Process, Decision Making