Track: Reliability and Maintenance

Abstract

The requisite technology to sustain the prevalent maintenance strategies need to be deployed as a vital step towards enhancing competitive efficacy. Technological management as a strategic inclination should be applied as a measured and organized process of identifying novel technologies to replace or augment the existing technological apparatuses within the business, and more so, the strategic significance of the technology management need to be clearly specified. The prominence should be on technological management and innovation management within the field of physical assets reliability management. The objective of pursuing technology management under the auspices of reliability management is to capitalize on the heightened performance levels of the contemporary technological offerings to progress on the efficacy and swiftness of reliability enhancement activities. This study was undertaken to explore the facets of technology management that can be capitalized by maintenance practitioners on up surging the reliability of physical assets.