Condition Based Risk Management (CBRM)
Investing in optimal network performance
“Condition Based Risk Management’s
greatest strength is that it enables users to
make more intelligent business decisions
on asset management. It is ultimately
a financial planning and a network
performance tool.”
What is Condition Based Risk Management?
Condition Based Risk Management (known as CBRM) is a powerful process that enables companies to use current
asset information, engineering knowledge and practical experience to predict future asset condition, performance
and risk for their network assets.
EA Technology has developed the concept of CBRM into a comprehensive management methodology, which is well
proven by users worldwide and ready for immediate implementation.
Who should use CBRM?
Our CBRM solution is purpose-designed for asset managers and asset management engineers who are responsible
for most types of low-voltage, medium-voltage and high-voltage electrical assets.
CBRM provides users with greatly enhanced abilities to make more intelligent business decisions on both the
day-to-day operation of their networks, and their long term investment programmes.
Why use CBRM?
The development of CBRM originated from two key drivers, which have increasingly become interlinked.
Condition-based asset management
To manage the renewal of ageing networks cost effectively, it is vital to define current asset condition and link this to current and future performance.
The management of networks is being transformed by the systematic use of practical knowledge and experience
(of degradation, failure, condition assessment, effects of environment, duty, maintenance history etc), combined with
improved information management and increasingly effective non-invasive condition assessment techniques.
Risk management
The facility to quantify and manage risk is increasingly recognised as a primary business driver, both by electricity
company managers and industry regulators. The development of more sophisticated ways to factor the risks and
consequences of failure into condition-based asset management has made our latest CBRM solution an extremely
powerful management system.
EA Technology Expertise
EA Technology has effectively been at the forefront of developments in CBRM for more than 40 years.
Condition Based Risk Management (known as CBRM) is a powerful process that enables companies to use current asset information, engineering knowledge and practical experience to predict future asset condition, performance and risk for their network assets.
Downloads
Condition Based Risk Management Brochure