Reliability, maintainability and supportability of investments

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MT9204 V1 Article

Reliability, maintainability and supportability of investments

Author : Antoine DESPUJOLS

Publication date: June 10, 2018 | Lire en français

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Overview

ABSTRACT

Dependability characteristics – reliability, maintainability and logistic support – are essential elements in investment decisions. To choose, specify or design the best technical-economic solution it is essential to evaluate and compare these characteristics, on which the value of options in competition strongly depends. In the design phase, a qualitative approach can be taken on the basis of a questionnaire, once the various influencing factors have been defined. This point is emphasized in this article to help take into account the various elements that will influence the accuracy of an investment decision.

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AUTHOR

 INTRODUCTION

When it comes to acquiring, specifying or designing a good, we're usually faced with a choice between several products on the market, or between several solutions likely to meet an expressed need. To decide which of the competing options to choose, we need to evaluate them, in other words, be able to compare their value. This involves, on the one hand, the overall cost of owning the product, and on the other, the level of satisfaction of the need, which includes, in particular, operating safety characteristics.

The information needed to define these characteristics must be identified, then estimated qualitatively and, if possible, quantitatively. The approach adopted takes into account reliability, maintainability, logistical support and, in some cases, the vulnerability of investments. These various concepts, and more particularly that of maintainability, are described here, followed by questionnaires designed to assess them. The example of marine energy conversion systems, for which the choice of an industrially viable technology is particularly challenging, and which involve a wide range of competing solutions, will sometimes be used to illustrate the approach.

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KEYWORDS

reliability   |   state of the art   |   maintenance   |   maintainability   |   supportability

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