Failure Modes and Effects Analysis (FMEA) is widely used to systematically evaluate and prioritize potential risks in a system.
Preventive maintenance helps reduce unplanned failures by performing routine inspections and servicing before breakdowns occur.
RBM prioritizes maintenance activities based on the likelihood and consequences of failure, optimizing resources for high-risk areas.
Risk management aims to identify, assess, and mitigate potential failures that could impact system performance and safety.
Predictive maintenance relies on data analysis and condition monitoring to anticipate failures before they happen.
A risk matrix helps classify and prioritize risks based on their likelihood and impact, guiding decision-making in maintenance planning.