PIP REEE002

This Practice provides standardized reliability terminology and a basis for measurement and data gathering for benchmarking the reliability of rotating machinery. This Practice describes reliability terms and definitions that can be applied to economic performance data generation. This Practice provides basic steps to implementing reliability indicators in process industry facilities. This Practice describes levels of data gathering and analysis that may be used to provide the appropriate amount of reliability information.

This product replaces:PIP REEE002 - Benchmarking of Reliability Indicators for Rotating Machinery