RAM analysis is typically used to predict the facilities‘ performance and to provide basis for efficient Production Availability, the Primary Performance Indicator, which is the fraction of time that the system is fully functioning. In the concept phase, it can aid concept selection (PRE-FEED) and subsequently can inform the Front End Engineering (FEED) and detailed design (EPC) decisions.
The objective of the continual improvement and future‘s environmental & business challenges, it is recognized that:
- RAM Study is very important factor in the worth of the facility to the COMPANY.
- RAM Study is an important tool to maximize the value from a capital project and make Reliability considerations a definitive structured discipline to achieve cost – effective solutions over the Asset Life Cycle.
- RAM Study ensures the design is optimized with a high production efficiency factor and efficient capital investment.
- This Specification defines the objective, scope and analysis philosophies/methodologies to plan and execute PRE-FEED, FEED & EPC RAM Studies for all COMPANY‘s new Projects and existing facilities‘ Modifications/Expansions.
The total Equipment/System/Facility‘s Reliability is a balanced responsibility between the VENDORS/SUBVENDORS, CONTRACTOR/SUBCONTRACTOR and COMPANY. Thus, the desired Reliability level requires well-coordinated efforts on the part of all these Organizations. As a pro-active approach to attain an efficient & sustainable Production, a unified integrated Reliability approach is required to integrate Reliability considerations into the entire process from design concept through FEED & EPC to Operation and Maintenance.