Equipment Criticality Assessment Matrix
Equipment Criticality Assessment Matrix is a tool used in maintenance operations and management to identify and prioritize equipment maintenance activities. It is based on the relative importance of the equipment to the organization’s operations and the potential consequences of failure. The matrix assigns a numerical value to each piece of equipment based on its criticality, which is then used to determine the frequency and type of maintenance activities that should be performed. The matrix can also be used to identify potential risks associated with the equipment and develop strategies to mitigate those risks. It is an important tool for ensuring that maintenance activities are conducted in a timely and cost-effective manner.