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Condition-based risk management
August 1st 2010 Condition Based Risk Management
(CBRM) is a powerful process that
allows asset managers to use current
asset condition, combined with
engineering expertise and practical
experience, to predict the future
performance and risks of electrical
network assets. It facilitates strategic
decision-making by using complex
algorithms that incorporate 40 years
of experience, to generate asset
management information.
"CBRM's greatest strength is that
it enables users to make more
intelligent business decisions on asset
management," says James O'Neill,
head of business development, EA
Technology Consulting. "It is
ultimately a financial planning and a
network performance tool."
Recent additions include a software
system that can be integrated into
company IT systems and incorporated
into decision making at every level. More articles from E A Technology Group: |
