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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.


FRACAS process is to mitigate systematic and wear-in failures and quickly achieve steady state performance through an accelerated Reliability growth. The FRACAS process is required to continuously provide feedback regarding any failures and defects and possible causes (that includes component failures, operational & maintenance errors) found during operational service.

To make the reporting process clear & logical and ensure that there is a collective forum for all stakeholders to agree the most likely source of failure and hence investigation and corrective actions.

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