IDEA N TECHNOLOGY is pleased to offer Reliability, Availability and Maintainability Studies (RAM studies) to companies requiring an assessment of their system as a way of optimizing their system’s operational performance.
RAM Studies are used as a way of assessing a production system’s capabilities, both in operation and those still in the design phase. As facilities and plants are being used for longer period of time, a Reliability, Availability and Maintainability Study is able to provide an assessment into the assets life time capabilities and enable businesses to maximize on their return on investment.
A RAM Study can be shown to be broken up into three separate areas:
- Reliability Services – Predicting the probability in which a system will not experience an unplanned outage;
- Availability Services – Predicting the probability in which the system is working in a functioning state when required, including both planned and unplanned outages;
- Maintainability Services – Predicting the probability in which a product / system can be repaired following a failure within a specific time frame.
With the combination of these three services combines into one study, IDEA N TECHNOLOGY is able to offer a RAM Study that models the predicted production capabilities of a facility.
The benefits of undertaking a RAM Studies include:
- A reduction in the maintenance and sparing costs, while maintaining and / or increasing production levels;
- A decrease in the duration of any unplanned and planned outages;
- Optimisation on capital investment by reducing the cost of production;
- Optimisation of capital improvement options at the plant and enterprise levels when improve budgets are constrained;
- Accurate forecasts of equipment lifecycle costs that reflect the equipment age, duty cycle and maintenance effectiveness;
- Alignment of maintenance resources based on the criticality of equipment to production revenue.
IDEA N TECHNOLOGY has a number of Reliability Consultants that have worked on an extensive range of projects across a number of industries. In choosing IDEA N TECHNOLOGY to conduct your RAM Studies, IDEA N TECHNOLOGY’s specialist RAM Studies Consultants are able to:
- Produce a RAM Study customised based on the needs and requirements of the client;
- Identify potential critical pieces of equipment;
- Identify the equipment that has the highest risk of causing operational failures;
- Identify possible causes of production losses and examine the possible alternatives to overcome them;
- Produce Reliability Block Diagrams (RBDs) with the aid of software
- Produce a RAM Study based on different system configurations;
- Produce recommendations on how to improve the system availability;
- Produce a record of the RAM Study in the form of a formal report, detailing an overview of the RAM Study, including any assumptions made as well as the findings as part of the study.
As well as offering RAM Studies, IDEA N TECHNOLOGY is also able to additionally offer a Cost Benefit Analysis (CBA) as part of the RAM Study.