The society for maintenance and reliability professionals smrp recently launched more than 70 new standardized industry metrics designed to provide insight into the effectiveness and accuracy of asset management in the maintenance and reliability industry. Metrics are first and foremost a way to communicate they are meant to convey a message. In north america one can take advantage of the smrp metrics. A clear, simple, usable definition of, and a uniform procedure for, the measurement and reporting of availability in various forms is presented primarily to determine the essential metrics of availability of manufacturing process and equipment. The term replacement asset value rav is used in the following smrp metrics. All of these measures come from smrp best practice metrics. Its important to note that business metrics should be employed to address key audiences surrounding a business, such as investors, customers, and different types of. Why use standardized indicators or metrics such as the indicators from the standard en 15341 or the smrp metrics. Each metric is broken down by definition, objectives, formula, component definitions and qualifications, and includes. Its a book i keep handy on my shelf and refer to frequently. The first 39 smrp metrics were published in october 2009.
Harmonised indicators are those which are similar between the smrp and en 15431, and those for which any differences can be identified. Know the difference between your data and your metrics. Most everyone would agree that striving for worldclass maintenance status is a good thing, but what exactly does this mean and how do you know when you get there. The examination is closed book with no reference materials or computers. Smrp certifying organization reference guide for certification in. Harmonised indicators are those which are similar between the smrp and en 15431, and. Certified maintenance and reliability professional cmrp.
Smrp and enetrix partner for online maintenance and. It is difficult to find any organization who uses the two metrics total maintenance cost as a percent of replacement asset value rav and stocked mro inventory value as a percent of. Metrics leading and lagging leading kpi key performance. Metrics are numbers that tell you important information about a process under question. As marketing continues to rapidly evolve, marketing metrics continues to stay at the cutting edge. Smrp society for maintenance and reliability professionals establish their best practice committee which defined 70 predefined metrics to measure maintenance and reliability performance. Smrp and enetrix partner for online maintenance and reliability benchmarking study. The harmonized indicators book documents differences and similarities for the indicators and metrics smrp best practice metrics. Solomon associates conducts extensive annual paid benchmarking surveys primarily for. Metrics leading and lagging leading kpi key performance indicator world class target level lagging kpi 1 cost maintenance cost flat or decreasing total cost 2 cost maintenance cost rav 2 3% total cost rav 3 cost maintenance material cost rav. Maintenance cost as a % of replacement of asset value. A successful organization can only measure so many things well and what it measures ties to its definition of. For over 10 years, smrp and its certification organization, smrpco, have offered worldleading certification programs for maintenance, reliability and physical asset management professionals. This third edition updates and adds more detail on a number of the key metrics, including brand metrics and roi.
If you want to compare and translate the different local indicators and definitions you can use the global maintenance and reliability indicators book. Analysts use metrics to compare the performance of different. The global maintenance and reliability indicators book includes 29 indicators identified as harmonised. A metric induces a topology on a set, but not all topologies can be generated by a metric. Metrics are parameters or measures of quantitative assessment used for measurement, comparison or to track performance or production. Benchmarking maintenance management smrp workshop terry wireman, cmrp vestapartners 10820 6 real. It is said that only when one can express their understanding in terms of numbers is the understanding satisfactory and meaningful. Smrp announces valuable standardized metrics included now. Standardizing availability definition plant maintenance. If that message looks like a string of nonsense, it wont do your operation much good. The institute for health metrics and evaluation is an independent population health research center at uw medicine, part of the university of washington, that provides rigorous and comparable measurement of the worlds most important health problems. A topological space whose topology can be described by a metric is called metrizable. Thats why you must take great care to choose the right maintenance metrics to measure before beginning to track the data. These two activities offer two sets of predefined indicators to measure maintenance and reliability performance.
Smrp knows the difference a globallyrecognized certification can make for professionals in their development and career path. Smrp provides information on a wide range of metrics using rav including instructions on how use them, how to calculate them, and what good performance looks like. Learn how the smrp body of knowledge can be applied it to optimize asset reliability and maintainability. The society for maintenance and reliability professionals smrp on may 4 announced the publication of a common set of maintenance and reliability metrics, or key performance indicators kpis. Smrp publishes new edition of maintenance and reliability best practices.
All materials are available for free to members and at varied costs to nonmembers. Maintenance and reliability certification courses smrp. The smrp library is an aggregate of all that is known and understood in the maintenance and reliability fields. Terms, such as uptime, downtime, reliability, net available time, total available. See details of each of the pillars below and download the bok using the link below.
The link below contains all individually published smrp standardized metrics, guidelines and definitions. This means if you click on the link and purchase the item, i will receive an. Keywords maintenance, performance measurement, metrics, key. In mathematics, a metric or distance function is a function that defines a distance between each pair of elements of a set. Lesson outline defining benchmarking defining core competencies types of benchmarking developing a maintenance strategy conducting a benchmarking project real. The metric definitions include a standard definition, objectives of the metric, the mathematical formula for calculating the metric, component definition for terms used in the metric definition, qualifications of the metric how it should be used, a sample calculation, a.
World class maintenance maintenance, maintain, smrp. The smrp maintenance and reliability metrics are on sale now. The metrics include a standard definition, objectives of the metric, the mathematical formula. The smrp body of knowledge bok is a roadmap to worldclass performance in maintenance, reliability and physical asset management. Smrp publishes new edition of maintenance and reliability. Identify how to use smrp metrics with their definitions and why this is critical to optimization of reliability create a vision, mission and guiding principles for your maintenance organization create a format in order to use the smrp metrics to optimize an organizations maintenance kpis to optimize and manage equipment reliability leading. Identify how to use smrp metrics with their definitions. A business metric is a quantifiable measure that is used to track and assess the status of a specific business process. Metric definition is a part of prosody that deals with metrical structure. Smrp is the premier resource for education and training in maintenance, reliability and physical asset management.
Defining core competencies benchmarking developing a. The metrics include a standard definition, objectives of the metric, the mathematical formula for calculating the metric, component definitions for terms used in the metric, qualifications of the metric how it should be. The smrp library contains downloadable documents, such as the body of knowledge, best practices, presentations from past conferences and metrics to help members to further develop their professional skills on their computers or at their fingertips. Replacement asset valve what you need to know proconex. These certification programs provide a unique skill set by going beyond textbook knowledge and testing realworld experiences and abilities. Performance metrics are defined as figures and data representative of an organizations actions, abilities, and overall quality. The metrics include a standard definition, objectives of the metric, the mathematical formula for calculating the metric, component definitions for terms used in the. These two activities offer two sets of predefined indicators to measure maintenance. The smrp maintenance and reliability metrics are on sale now the metric definitions include a standard definition, objectives of the metric, the mathematical formula for calculating the metric, component definition for terms used in the metric definition, qualifications of the metric how it should be used, a sample calculation, a harmonization indicator and references. Smrp scholarships body of knowledge the smrp body of knowledge bok is a roadmap to worldclass performance in maintenance, reliability and physical asset management. The smrp maintenance and reliability metrics are on sale. An athlete knows there are world records to beat because the records for any given event are. In europe you can use the indicators defined in en 15341.
How to define worldclass maintenance reliable plant. The metrics include a standard definition, objectives of the metric, the mathematical formula for. Since 2000, smrp has defined 67 best practice metrics to measure maintenance. The society for maintenance and reliability professionals smrp recently. Each indicator is documented by hands on examples on the calculation of the indicator to enhance understanding. Smrp sees this as an ongoing effort which requires periodic. If you dont collect any metrics, youre flying blind. Measuring plant performance the need for metrics standardization the measures we believe are truly important are often referred to as key performance indicators kpis, since apparently those contain key information on performance as the wording implies. The society for maintenance and reliability professionals smrp has published of a common set of maintenance and reliability metrics or key performance indicators kpis. If you collect and focus on too many, they may be obstructing your field of view. They tell you accurate measurements about how the process is functioning and provide base for you to suggest improvements. World class maintenance maintenance, maintain, smrp world.