Learn about risk based maintenance and inspection decisions which focuses on some of the resulting best practice methods, analytical tools and results from The MACRO Project. This was a multi-industry, dti-supported joint venture (European ‘EUREKA’ project EU1488), that developed guidance and tools for better cost/risk evaluation and asset management decision-making. It brought together the technical aspects of reliability and risk-based analysis with the economic factors, human issues and data uncertainty.
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