Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is Analytical RCM the same as performance monitoring?

monitoring PERFORMANCE RCM
0
Posted

Is Analytical RCM the same as performance monitoring?

0

There is a fundamental difference between Analytical RCM and performance monitoring. Analytical RCM considers a family of similar parts/components that are categorized as one type. The reliability analysis is then performed for that type to determine the reliability parameters. Those parameters are in turn used for each part of that type that is in operation. As a result, the forecasting is done at the part level using the reliability parameter of the part type. Performance monitoring, on the other hand, focuses on an individual part. It monitors various operational indicators for each part (at the part level) and predicts certain performance for that part based on those indicators. A good example can be drawn from the healthcare industry. Performance monitoring refers to measuring certain life indicators such as the body temperature, blood pressure, sugar level, cholesterol level, etc, at an individual person level. Then, experts make certain forecasting regarding the life performance

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123