Reliability-Centered Risk Management


Biography - John Wright

John F. Wright ~ RCRM4U.com John is a highly recognized authority on maintenance initiatives, with more than thirty years experience in the manufacturing and maintenance industries. He has received several prestigious awards for his innovative approaches to implementing Reliability-Centered Maintenance and Risk Management and has accepted domestic and international awards on behalf of himself and his teams.

John is an acknowledged speaker on the subject of Reliability-Centered Risk Management speaking at numerous regional plant maintenance conferences and tradeshows including: National Manufacturing Week, The International Maintenance Conference, Electric Power Conference, and the Maintenance and Reliability Technology Summit.

John has also authored numerous maintenance related articles and papers, some of which have been published in Maintenance Technology and P/PM Technology magazines.

More About RCRM

To find out more about Reliability-Centered Risk Management, click on the link below to download a zip file containing both an RCRM PowerPoint presentation and a white paper describing the program in detail.

RCRM Download

How Can We Help?

If you would like more information about how RCRM4U.com can help you implement a Reliability-Centered Risk Management program, please email me at: johnw@rcrm4u.com or call 801-201-6859.

Maintenance Users Forum

Got a question about Reliability-Centered Risk Management or plant maintenance in general? Then head over to our User Forum to ask your questions and get the answers you need.


Is Reliability-Centered Risk Management Right For You?

What if you could reduce your maintenance spare parts inventory and production work-in-process by up to 50%? How would you like Reliability-Centered Risk Management Triangle ~ Production, the Environment and Worker Health & Safety to gain as much as a 15% increase in plant production capacity without spending so much as a nickel on new production equipment? What would this do for your company's bottom line profitability?

Impossible to achieve these results, you say?

While these results may not be typical, they are certainly achievable for companies that have not yet implemented a Reliability-Centered Risk Management (RCRM) program. Even for companies that have well-established Reliability-Centered Maintenance (RCM) programs, placing additional focus on risk management will provide substantial cost savings and cost avoidance opportunities in these key areas.


Results Where It Counts

"How do I know these results are possible?" asks John Wright. "Because I've been involved in implementations with companies that have achieved them."


Actual Results Realized By One Company
Metric Before After
Maintenance Breakdown Rate: 50% 3.5%
Spare Parts Inventory Value: $5.2M $2.6M
On-Time Shipments: 47% 98.5%
Production Capacity: 1.2M lbs/yr 1.45M lbs/yr
Profitability: ($1M/yr) $12M/yr


What Is Reliability-Centered Risk Management

Reliability-Centered Risk Management is a phrase coined by John to recognize the important and inseparable relationship between production equipment reliability and managing the risks associated with operating the equipment. It incorporates elements from Reliability-Centered Maintenance, Risk Management, Process Safety Management, Just-In-Time and Total Productive Maintenance.

"Although risk management has always been a part of a Reliability-Centered Maintenance program, I see very few companies placing as much emphasis on managing risk as they do on managing reliability." John continues, "I coined the term Reliability-Centered Risk Management so that just by it's name alone people understand that managing both equipment reliability and risk are equally important as part of a single, cohesive program in order to get the best results."


Not Just A Maintenance Program

Reliability-Centered Risk Management is not just a "maintenance" program. It should be embraced by both maintenance and production alike.

"Although many material planners don't realize it, the reason for maintaining such high work-in-process (WIP) inventory levels is not just to satisfy unexpected customer orders, it's there as insurance in the event of an equipment outage," says John. "The higher the perceived likelihood and severity of an outage for a particular machine, the more work-in-process is maintained to accommodate a worse-case scenario outage."

"Bloated maintenance spare parts and production work in process inventory costs are driven by the perceived unpredictability and risk associated with operating plant equipment," says John. "Eliminating the risks and resolving the problems by implementing a Reliability-Centered Risk Management program will result in lowered equipment ownership costs through managed inventory reduction," he continues.


Find Out About Reliability-Centered Risk Management For Your Company

RCRM4U.com offers Reliability-Centered Risk Management implementation services customized to fit your specific needs. Our "train-the-trainer" implementation strategy means your trained employees will be able to conduct their own risk assessments and devise the correct maintenance strategies for your production equipment.

"I've found the most successful Reliability-Centered Risk Management programs are those that are driven by the employees once they have received the necessary training," concludes John.

If you would like more information about how RCRM4U.com can help you implement a Reliability-Centered Risk Management program at your plant, please email me at: johnw@rcrm4u.com or call 801-201-6859.


© RCRM4U.com. All rights reserved. Reliability-Centered Risk Management, rcrm4u.com, ReliabilityCenteredRiskManagement.com and the Reliability-Centered Risk Management symbols are all trademarks of RCRM4U.com.
Unauthorized duplication or use of any copyrighted and trademarked material is strictly forbidden.