Reduce maintenance costs. Designed for 'hands-on' individuals who share in the responsibility of running a process operation in a focussed, cost reducing manner. Plant Manager, Maintenance Managers, Operations Manager, Inspectors and Engineers will benefit from the use of this approach. The costs of maintenance and inspection and the extent of this function are controlled by the implementation of an equipment hierarchy base on Asset Loss Risk. Predictive maintenance is the most cost effective form in so much that in a 'right-sized' operation focus may be kept on those pieces of equipment which are considered to be high risk. If the maintenance, inspection and operations departments are organized to run in a predictive mode, then costs will be reduced and overall profitability will increase. The impact of failure control by fracture mechanics is covered in terms of cost benefit and methodology together with specific applications such as: cast irons, cast and wrought steels, pressure vessels, pressure tubes, stress maps, and failure assessment diagrams.