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Lifecycle Management  Asset Data for Accurate Lifecycle
Management  Written By: Daryl Mather Published On: August 24
2006   Among the areas where modern enterprise asset management
(EAM) systems provide substantial benefits is the driving out of
inefficiencies in business processes. Through the capture,
storage, manipulation, and display of historical transactional
data, companies can take great leaps forward in the efficiency
with which they execute maintenance programs. They can do this,
for example, through ensuring that delays in executing work are
captured, analyzed, and resolved, or by being able to display
trends in performance and cost over time.  Part Two of the
series Captured by Data.  The effectiveness of a maintenance
task comes from how it manages failure modes, not from the level
of efficiency that it is executed with. The original
reliability-centered maintenance (RCM) studies revealed that
many routine tasks could actually contribute