Equipment criticality analysis is a quantitative analysis of equipment faults, and ranking them in order of serious consequences on safety, environment, production loss and maintenance cost. The key benefit of this analysis is to provide the means to recognize high-criticality vs. low-criticality equipment, reduce the level of uncertainty and focus on high-priority maintenance tasks. The analysis also helps select the best and most economic maintenance strategy, prioritize work orders and decide on insurance and the demand on spare parts
The Equipment Criticality Analysis is used to identify:
| Criticality Ranking | ||
| Rating | Score | Impact |
| Very Very High | 5 | >2500 |
| Very High | 4 | 1751-2500 |
| High | 3 | 1001-1750 |
| Medium | 2 | 501-1000 |
| Low | 1 | <=500< /td> |
| Business Score | ||
| Rating | Score | Impact |
| Very Very High | 5 | >20 |
| Very High | 4 | 16-20 |
| High | 3 | 11-15 |
| Medium | 2 | 6-10 |
| Low | 1 | <=5< /td> |
| Maintenance Score | ||
| Rating | Score | Impact |
| Very Very High | 5 | >2500 |
| Very High | 4 | 1751-2500 |
| High | 3 | 1001-1750 |
| Medium | 2 | 301-1000 |
| Low | 1 | <=300< /td> |
| Safety Score | ||
| Rating | Score | Impact |
| Very Very High | 5 | >100 |
| Very High | 4 | 76-100 |
| High | 3 | 51-75 |
| Medium | 2 | 26-50 |
| Low | 1 | <=25< /td> |
| Production Impact Score | ||
| Rating | Score | Impact |
| Very Very High | 5 | 18 |
| Very High | 4 | 23 |
| High | 3 | 39 |
| Medium | 2 | 18 |
| Low | 1 | 24 |
