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Robert Smith

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The Forgotten Capital Spares

By Robert Smith, May 26, 2020


Preservation Program


What are Capital Spares?

A Capital Spare is a piece of equipment, or a spare part, of significant cost that is maintained in inventory for use in the event that a similar piece of critical equipment fails or must be rebuilt.

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Facilitation is the Key to Successful FMEAs

By Robert Smith, October 19, 2017

The Failure Modes and Effects Analysis (FMEA) is a versatile risk management tool that has been around for several decades, first used by the US Armed Forces in 1949. It started gaining popularity in the 1960’s with its use in the aerospace industry during the Apollo missions. FMEA has been called the “swiss army knife” of risk management. FMEA is focused on problem prevention, rather than problem solving. It is used to identify the factors that can lead to failure and recommend mitigation strategies to prevent failures or detect the early onset of failures.

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How to Understand ASTM E2500