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Asset Optima
Project FRACAS (Failure reporting, analysis, and corrective action system) is a web based, multi-user application that provides a process for reporting, classifying, analysing failures, and planning corrective actions in response to those failures. It is typically used in an industrial environment to collect data, record and analyse system failures.

Why FRACAS?
FRACAS process is to mitigate systematic and wear

Asset Optima workflow

Asset Optima Features
Delivering high quality specialized system engineering deliverables.
Online Web Based Too
Failure Data Collection
FRACAS Issue
Root Cause Analysis
Corrective Action Monitoring
Asset Register
Obsolescence Management
Reliability Growth Prediction
RAM Demonstration
FRACAS Process
Steps implemented by Asset Optima are –
Failure data collection
All the failure in the system are collected in failure data register from the client failure database.
Failure data search for FRACAS defects being monitored
The failure modes for all the failures are identified and classified as hardware/software/system. All the systematic defects are identified according to the MTBF performance.
FRACAS defect identification from the failure data
The systematic defects with common failure modes are identified as FRACAS defects. In the FRACAS defect workshops, the owners of systematic defects are updated by the supplier.
Root cause Analysis of the FRACAS defect
In the root cause analysis workshops, the causes and sub cause of the FRACAS defects are identified using fish bone diagrams
Interface with OEM Change control process of the software and hardware
All the software defects are sent to OEM for software update. All the subsystem requiring hardware update are sent to OEM after root cause analysis.
FRACAS review board management
FRACAS review board minutes of meeting, meeting actions, actionee, due date and action status are managed in this form. For a given LRU type the failure performance is obtained graphically.
Corrective Action implementation
Corrective action is implemented for the FRACAS defects and all changes are recorded under change control process and recorded into asset register.
FRACAS defect monitoring
All the FRACAS defects ,root causes are monitored for analyzation of any failure.
FRACAS review board authorisation of FRACAS defect closure
The defect are closed after authorisation by FRACAS review board