Integrated Vehicle Health Management - Business Case Theory and Practice.

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Intro; Table of Contents; Acknowledgments; Chapter 1 Introduction; 1.1 Background; 1.2 Scope; 1.3 Value Chain Analysis; 1.4 Book Structure; 1.5 References; Chapter 2 Making Business Cases for Health Management-Return on Investment; 2.1 Introduction; 2.2 Health Management Cost Modeling; 2.2.1 HM Implementation Costs; 2.2.2 HM Cost Savings and Avoidance; 2.3 Return on Investment; 2.3.1 Cost Avoidance ROI for HM; 2.3.2 An Avionics ROI Example; 2.4 The Business of Availability; 2.5 Conclusions; 2.6 References.

Chapter 3 Using Real Options to Valuate Decisions for Systems with Prognostic Capabilities3.1 Decision Support for Systems With Prognostic Capabilities; 3.2 Options Enabled by PHM; 3.3 The Waiting Option; 3.4 Maintenance Options to Quantify Flexibility Enabled by PHM; 3.5 An Approach to Valuating the Waiting Option for PHM; 3.6 Example: Wind Turbines; 3.7 Conclusions; 3.8 References; Chapter 4 Quantification of System-Level Business Effects of IVHM; 4.1 Motivation; 4.2 Architecture Issues; 4.3 Modeling Frameworks; 4.4 A Simple Example; 4.4.1 Age-based Replacement.

4.4.2 Condition-based Maintenance4.4.3 Measuring Coupling Effects; 4.5 Modeling Scalability Issues; 4.6 Conclusions; 4.7 References; Chapter 5 Asset Management and Its Implications for IVHM; 5.1 Introduction; 5.2 Brief Overview of the PAS 55 Model; 5.3 How Does IVHM Interact with the Overall Asset Management?; 5.4 Performance Measures for IVHM; 5.5 IVHM and Its Influences on Other Processes Mandated by PAS 55; 5.5.1 Maintenance Management; 5.5.2 Reliability Engineering and Design Change; 5.5.3 Configuration Management; 5.5.4 Logistics.

5.6 Prerequisites for a Failure Mode to Be a Candidate Item for IVHM5.7 Conclusions; 5.8 References; Chapter 6 Maintenance Cost Analysis-Leveraging Prognostic Information; 6.1 Introduction; 6.1.1 Scheduled and Unscheduled Maintenance Costs; 6.2 Risk-based Maintenance Cost Analysis; 6.3 Reliability and Prognostic Information; 6.4 Business Case Analysis of Maintenance Strategies; 6.5 Optimizing the Maintenance Scheduling Process; 6.6 Conclusions; 6.7 References; Chapter 7 Business Potential of Structural Health Monitoring in Aeronautics; 7.1 Introduction.

7.2 Strategic Aspects of SHM Implementation7.3 The Process of SHM Potential Determination; 7.4 Determining SHM Potentials along a D-check; 7.5 Determining SHM Potentials for Drop-outs; 7.6 Conclusions; 7.7 References; Chapter 8 The Costs and Benefits of IVHM: Recent Research; 8.1 IVHM and Servitization; 8.2 Research Design and Methodology; 8.3 Challenges in Articulating and Calculating Benefits of IVHM Technology; 8.3.1 Internal Challenges; 8.3.2 External Challenges; 8.3.3 Explanations and Ways to Resolve the Challenges; 8.4 Conclusions; 8.5 References; Chapter 9 Safety and IVHM.

9.1 Introduction.

Following the best seller, Integrated Vehicle Health Management: Perspectives on an Emerging Field, the new title Integrated Vehicle Health Management: Business Case Theory and Practice takes the subject to the next level. This time it addresses the commercial justification for the adoption of a new modus operandi in asset health management, and its impact on business strategy and servitization of technology. Edited by Dr. Ian Jennions, Director of the IVHM Center at Cranfield University in the U.K., the book tackles the most important questions on the transformation of business from selling a.

Includes bibliographical references and index.

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