The P-F curve is a common representation of an assets life cycle based on the concept of the relationship between “Potential Failure” (P) and “Functional Failure” (F). Typically, P-F curves have been used to assist reliability analysis of mechanical equipment such as pumps, drives, bearings etc. However, the concept of the P-F curve can be applied to any asset. ASPEC frequently utilise P-F curves as a useful tool to communicate information regarding asset condition and status within the asset lifecycle.
Tag: Asset Management
Find out about the legislative requirements and key reference standards for asset management.
Four key areas have been identified as being critical to achieving the objectives of the machine asset management programme, and compliance with legislative requirements.