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Costing methods using risk based decision making

Defect and Failure True Cost

By Mike Sondalini

Defect and Failure True Cost (DAFT Management)

Defect and Failure True Cost- Sample - Contents

Defect and Failure True Cost Ebook
ESBN: F36-048C-2326-11B3
Description:  

Defect and Failure True Cost (DAFT management), explains costing methods using risk based decision making. The defect and failure cost and deciding equipment criticality are discussed with respect to business profitability and as waste reduction tips.

When your business, operation or department is not producing the profit it should, it is highly likely
that there is great waste occurring. There will be numerous business process failures. Possibly
even no organised processes at all. This book is about identifying and recognising the cost of
waste, lost-value and non-value. Once you discover where it is hiding you can deal with it
sensibly.

As important as it is to find the waste you already have, this book can also stop waste from getting
into your business. You will learn of a simple method to spot waste and non-value early in your
plans when it is most easily prevented. What you learn in the pages of this book should be passed onto all managers and supervisors in your operation. Give them a ‘tool’ to spot the waste all around them and to act quickly to stop it. If you do that, your organisation will start churning-out strong profits.

Here are some headlines from national publications published within a six week period.

“$30 Million Refinery Glitch Stalls Fuel Users – No Petrol for 2 Weeks”
“Liquefied Natural Gas Project Back On Track after Production Train Repairs - $300 Million
Lost”
“Refuelling Problems Delay $250 Million Terminal Operation – Jet Fuel Pipes Contaminated”
“330 Hospital Patients Suffer Cold Winter Showers for Two Days – Risk of Spreading Infection”

Defects and failures can send companies bankrupt. Vast sums of money can be lost when
things go wrong. The failures noted above cost business hundreds of millions of dollars. Had the
contaminated jet fuel pipe not been discovered it could have cost hundreds of lives.

These failures made it to the news. How many failures do not make the news? How many
failures happen in your company that should not occur? 

Download this DAFT Cost Management Ebook Today!

Email with download link sent immediately after purchase.

Price:  US$19.95 (48 pages)

Shop More

Automated download system is powered by our preferred method of payment, secure Pay Pal. (After purchase with 'Buy Now' button above, you immediately receive an email with download link.) If you prefer us to manually process your order or would like to mail or fax order in, please click CD and Book Order Form on our secure servers at BIN95.

(Click on Credit card picture above for manual order processing. Your download link will be emailed within 24 hours with manual processing.)

What is an 'Ebook'? - Why Buy Ebooks?

 

Industrial manufacturing services provider you can trust.

 


Table of Contents

Introduction
1. Understanding Where the Money Goes
2. The Cost of Defects, Errors and Failures
  2.1. Where are the Costs of Failure?
3. Introduction to Defect Elimination and Failure Prevention
  3.1. Root Cause Failure Analysis (RCFA)
    3.1.1. Preventing Reoccurrence of the Failure
    3.1.2. An RCFA Example with Cause Tree
  3.2. Pre-empt Failure and Loss
    3.2.1. Standard Operating Procedures (SOP)
    3.2.2. Failure Mode Effect and Cause Analysis (FMECA)
    3.2.3. Defect and Failure True Cost (DAFT Cost)
4. Introduction to Defect and Failure True Cost (DAFT Cost)
5. Calculating DAFT Cost using Activity Based Costing
  5.1. Steps for Performing DAFT Costing
    5.1.1. Identify Activities
    5.1.2. Gather Costs
    5.1.3. Trace Costs to Activities
    5.1.4. Analyse Costs
    5.1.5. Finalise Costs and Report
6. The Many Components of DAFT Costs
7. How to Develop DAFT Cost Tables
8. DAFT Costs to Rate Equipment Criticality
  8.1. The Problem with Standard Equipment Criticality Decision Methods
  8.2. Using Defect and Failure True Cost for Equipment Criticality Rating
  8.3. A Sample DAFT Cost Based Criticality Scale
9. Good Project and Operating Decisions Using DAFT Costing
  9.1. Analysing Project Design and Consequences
  9.2. Design Options and Cost Total Optimisation Review (DOCTOR)
  9.3. Setting Business Priorities Based on DAFT Costs
  9.4. Applying DAFT Cost to Rate Improvement Opportunities
10. Making Risk Based Decisions with DAFT Costs
  10.1. Risk Based Maintenance Decisions
Epilogue

Price:  US$19.95 

Shop More

Automated download system is powered by our preferred method of payment, secure Pay Pal. (After purchase with 'Buy Now' button above, you immediately receive an email with download link.) If you prefer us to manually process your order or would like to mail or fax order in, please click CD and Book Order Form on our secure servers at BIN95.

Costing methods using risk based decision making

Defect and Failure True Cost

By Mike Sondalini

Defect and Failure True Cost (DAFT Management)

Defect and Failure True Cost- Sample - Contents

Defect and Failure True Cost Ebook
ESBN: F36-048C-2326-11B3
Description:  

Defect and Failure True Cost (DAFT management), explains costing methods using risk based decision making. The defect and failure cost and deciding equipment criticality are discussed with respect to business profitability and as waste reduction tips.

When your business, operation or department is not producing the profit it should, it is highly likely
that there is great waste occurring. There will be numerous business process failures. Possibly
even no organised processes at all. This book is about identifying and recognising the cost of
waste, lost-value and non-value. Once you discover where it is hiding you can deal with it
sensibly.

As important as it is to find the waste you already have, this book can also stop waste from getting
into your business. You will learn of a simple method to spot waste and non-value early in your
plans when it is most easily prevented. What you learn in the pages of this book should be passed onto all managers and supervisors in your operation. Give them a ‘tool’ to spot the waste all around them and to act quickly to stop it. If you do that, your organisation will start churning-out strong profits.

Here are some headlines from national publications published within a six week period.

“$30 Million Refinery Glitch Stalls Fuel Users – No Petrol for 2 Weeks”
“Liquefied Natural Gas Project Back On Track after Production Train Repairs - $300 Million
Lost”
“Refuelling Problems Delay $250 Million Terminal Operation – Jet Fuel Pipes Contaminated”
“330 Hospital Patients Suffer Cold Winter Showers for Two Days – Risk of Spreading Infection”

Defects and failures can send companies bankrupt. Vast sums of money can be lost when
things go wrong. The failures noted above cost business hundreds of millions of dollars. Had the
contaminated jet fuel pipe not been discovered it could have cost hundreds of lives.

These failures made it to the news. How many failures do not make the news? How many
failures happen in your company that should not occur? 

Download this DAFT Cost Management Ebook Today!

Email with download link sent immediately after purchase.

Price:  US$19.95 (48 pages)

Shop More

Automated download system is powered by our preferred method of payment, secure Pay Pal. (After purchase with 'Buy Now' button above, you immediately receive an email with download link.) If you prefer us to manually process your order or would like to mail or fax order in, please click CD and Book Order Form on our secure servers at BIN95.

(Click on Credit card picture above for manual order processing. Your download link will be emailed within 24 hours with manual processing.)

What is an 'Ebook'? - Why Buy Ebooks?

 

Industrial manufacturing services provider you can trust.

 


Table of Contents

Introduction
1. Understanding Where the Money Goes
2. The Cost of Defects, Errors and Failures
  2.1. Where are the Costs of Failure?
3. Introduction to Defect Elimination and Failure Prevention
  3.1. Root Cause Failure Analysis (RCFA)
    3.1.1. Preventing Reoccurrence of the Failure
    3.1.2. An RCFA Example with Cause Tree
  3.2. Pre-empt Failure and Loss
    3.2.1. Standard Operating Procedures (SOP)
    3.2.2. Failure Mode Effect and Cause Analysis (FMECA)
    3.2.3. Defect and Failure True Cost (DAFT Cost)
4. Introduction to Defect and Failure True Cost (DAFT Cost)
5. Calculating DAFT Cost using Activity Based Costing
  5.1. Steps for Performing DAFT Costing
    5.1.1. Identify Activities
    5.1.2. Gather Costs
    5.1.3. Trace Costs to Activities
    5.1.4. Analyse Costs
    5.1.5. Finalise Costs and Report
6. The Many Components of DAFT Costs
7. How to Develop DAFT Cost Tables
8. DAFT Costs to Rate Equipment Criticality
  8.1. The Problem with Standard Equipment Criticality Decision Methods
  8.2. Using Defect and Failure True Cost for Equipment Criticality Rating
  8.3. A Sample DAFT Cost Based Criticality Scale
9. Good Project and Operating Decisions Using DAFT Costing
  9.1. Analysing Project Design and Consequences
  9.2. Design Options and Cost Total Optimisation Review (DOCTOR)
  9.3. Setting Business Priorities Based on DAFT Costs
  9.4. Applying DAFT Cost to Rate Improvement Opportunities
10. Making Risk Based Decisions with DAFT Costs
  10.1. Risk Based Maintenance Decisions
Epilogue

Price:  US$19.95 

Shop More

Automated download system is powered by our preferred method of payment, secure Pay Pal. (After purchase with 'Buy Now' button above, you immediately receive an email with download link.) If you prefer us to manually process your order or would like to mail or fax order in, please click CD and Book Order Form on our secure servers at BIN95.

Up
MORE MANAGEMENT
Business Engineering
Maintenance Policies 2
Total Productive Maintenance PPT
Maintenance Reliability PowerPoints
EAM Systems PowerPoints
Planning & Scheduling Powerpoint
SOP development - 2
Process Risk Management
Engineering Project Management
System Engineering Reports
Business Report Writing
Project Management Reports
Accuracy Controlled Enterprise
Defect - Failure True Cost
True Downtime Cost Analysis 2
Operational Intg. Management
Work Order System
Total Quality Management
Emergency Power Plan
Facility Management
Maintenance Policy ...
Asset Management Toolkit
Writing SOP
Process Hazards Analysis
Process Safety Audit
Performance Based Safety
Fault Tree Analysis
Criticality Analysis
Lean Manufacturing
Maintenance Advisor
Key Performance Indicator
Maintenance Excellence
CMMS Advice
CMMS Selection Kit
CMMS Insider's Guide
Silver Reliability Training
Gold Reliability Training
In House Training
Maintenance Bible
Asset Management
Ebooks on CD
Maintenance Planning CD
SOP Training
Project Management Training
Inventory Control CBT

 

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