Risk Based Maintenance Of Turbomachinery.
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The authors help maintenance staff compete effectively for scarce corporate resources. Their presentation defines important concepts, including expected cost of failure ("risk"), avoided consequential cost, and value of maintenance/timing decisions. They link these concepts to maintenance expenditure. They describe evolving methods for applying them to turbomachinery, and they illustrate their use in optimizing maintenance strategy for the corporation.
Smalley, Anthony J.; Mauney, David A. (1997). Risk Based Maintenance Of Turbomachinery.. Texas A&M University. Turbomachinery Laboratories. Available electronically from