Leadership for Reliability-– Complete Exam Study
Guide 2026/2027 with Verified Answers | Newest
Version. A+
Asset management strategy
Documented information that specifies how organizational objectives are to be converted into
asset management objectives, the approach for developing asset management plans and the
role of the asset management system to support achievement of the asset management
objectives.
Strategic asset management plan (SAMP)
A ______ is derived from the organizational plan and may be contained in, or a subsidiary plan
of, the organizational plan.
5S
A Japanese workplace organization technique to reduce waste of resources and space while
increasing operational efficiency. It includes 5 elements that start with "S": Sort (Seiri), Set in
Order (Seiton), Shine (Seiso), Standardize (Seiketsu), and Sustain (Shitsuke).
Lean manufacturing
Applying the principles of lean to a maintenance organization to reduce wasteful activities.
Operator driven reliability (ODR)
A process in which the equipment operator improves reliability by identifying potential
equipment problems and failures early. The operator fixes minor problems and gets major ones
repaired in a planned manner with the help of maintenance.
Overall equipment effectiveness (OEE)
A measure of equipment or process effectiveness based on actual availability, performance and
quality of product or output. It is calculated by multiplying these three factors and expressed as
a percentage: Availability % x Speed or Rate % x Quality %.
Operational excellence
The point when each and every employee can see the flow of value to the customer and fix that
flow before it breaks down or reduces the value delivery; the teamwork and problem-solving
, resulting from continuous improvement throughout the organization by focusing on the needs
of the customer, empowering employees and optimizing existing activities in the process.
Theory of constraints (TOC)
A system management philosophy that focuses on identifying and removing limiting factors,
constraints, or bottlenecks to increase system output while decreasing operating costs.
Total productive maintenance (TPM)
A maintenance strategy that originated in Japan and emphasizes operations and maintenance
cooperation. Its goal includes zero defects, zero accidents, zero breakdowns, and an effective
workplace design to reduce overall operation and maintenance costs.
Value stream
All activities, both value-added and non-value-added, required to bring a product or services
from raw material state into the hands of the customer.
Asset management plan
A strategy document for maintaining the asset based on it criticality and optimum life cycle
costs.
Aim
A purpose or intention; a desired outcome for an organization based on its objectives.
Objective
An aim or goal towards which an effort is directed; the set of results to be achieved that will
deploy a vision into reality.
Integrity
Doing what you say you will do to achieve a state of being complete and whole.
Perfromance
A measurable result; the act of doing a job, activity or action to accomplish a goal or fulfill a
promise, claim or request.
Certified reliability leader
An individual who has passed the Association of Asset Management Professionals CRL exam and
is in good standing.
ISO31000
Guide 2026/2027 with Verified Answers | Newest
Version. A+
Asset management strategy
Documented information that specifies how organizational objectives are to be converted into
asset management objectives, the approach for developing asset management plans and the
role of the asset management system to support achievement of the asset management
objectives.
Strategic asset management plan (SAMP)
A ______ is derived from the organizational plan and may be contained in, or a subsidiary plan
of, the organizational plan.
5S
A Japanese workplace organization technique to reduce waste of resources and space while
increasing operational efficiency. It includes 5 elements that start with "S": Sort (Seiri), Set in
Order (Seiton), Shine (Seiso), Standardize (Seiketsu), and Sustain (Shitsuke).
Lean manufacturing
Applying the principles of lean to a maintenance organization to reduce wasteful activities.
Operator driven reliability (ODR)
A process in which the equipment operator improves reliability by identifying potential
equipment problems and failures early. The operator fixes minor problems and gets major ones
repaired in a planned manner with the help of maintenance.
Overall equipment effectiveness (OEE)
A measure of equipment or process effectiveness based on actual availability, performance and
quality of product or output. It is calculated by multiplying these three factors and expressed as
a percentage: Availability % x Speed or Rate % x Quality %.
Operational excellence
The point when each and every employee can see the flow of value to the customer and fix that
flow before it breaks down or reduces the value delivery; the teamwork and problem-solving
, resulting from continuous improvement throughout the organization by focusing on the needs
of the customer, empowering employees and optimizing existing activities in the process.
Theory of constraints (TOC)
A system management philosophy that focuses on identifying and removing limiting factors,
constraints, or bottlenecks to increase system output while decreasing operating costs.
Total productive maintenance (TPM)
A maintenance strategy that originated in Japan and emphasizes operations and maintenance
cooperation. Its goal includes zero defects, zero accidents, zero breakdowns, and an effective
workplace design to reduce overall operation and maintenance costs.
Value stream
All activities, both value-added and non-value-added, required to bring a product or services
from raw material state into the hands of the customer.
Asset management plan
A strategy document for maintaining the asset based on it criticality and optimum life cycle
costs.
Aim
A purpose or intention; a desired outcome for an organization based on its objectives.
Objective
An aim or goal towards which an effort is directed; the set of results to be achieved that will
deploy a vision into reality.
Integrity
Doing what you say you will do to achieve a state of being complete and whole.
Perfromance
A measurable result; the act of doing a job, activity or action to accomplish a goal or fulfill a
promise, claim or request.
Certified reliability leader
An individual who has passed the Association of Asset Management Professionals CRL exam and
is in good standing.
ISO31000
