APM Strategy
Managing Strategies by Using Risk-Based Approach
APM Strategy provides a common methodology to develop and manage asset strategies by using a risk-based approach to conduct analysis of individual assets, a group of assets, or an asset system. By balancing risk, production goals, and resource investment, APM Strategy allows asset-intensive organizations to focus costs on the most critical assets, thereby reducing maintenance and inventory costs, increasing availability and reliability, and moving away from reactive maintenance practices to a proactive approach.
