Module 2: Evolution of RCM

Before we start exploring the principles of RCM, it’s essential to know not only how – but why – RCM was conceived in the first place. That way we can really appreciate the majesty of its principles. This module takes us back to the commercial airline industry in the mid 1950s. It’s a gripping story – and one that anyone who is responsible for physical asset management should know and understand. We’ll cover the events that transformed their philosophy regarding equipment failure. And we’ll tell the story of how RCM was born and detail the various RCM processes and documents that exist today. This Module plays an important role in the formulation of your own Asset Management Philosophy.