A Reliability, Availability and Maintainability (RAM) Study is an asset performance analysis to predict the performance of the production system and to provide a basis for production efficiency and production optimisation for both existing and future assets are designed and operated. A RAM Study technique can be applied at engineering design, construction and operational stage, it may support the conceptual selection process, FEED and detailed design decisions. A RAM analysis, simulations are used to calculate availability figures for a technical system, both equipment reliability and maintainability. The most important feature of a RAM analysis is the input information such as capabilities, failure rates, consequences of failures, spare parts availability, mobilisation times, supplies of utilities and resources, planned maintenance periods and system operating rules, etc.
Related Definitions in the Project: The Operation and Maintenance; Project Management; Engineering
