Updated to account for ISO 55000, this best-selling book w includes an overview of this seminal and long-awaited standard and identifies the specific points where ISO-55000 will impact Maintenance and Reliability. New graphics to enhance the text's main points have been added throughout. As with past editions, the third edition provides a logical, step-by-step methodology that will enable any company to properly benchmark its maintenance function. It presents an overview of the benchmarking process, a detailed form for surveying and grading maintenance management, and a database of the results of more than 100 companies that have used this survey. Widely used, this work has proven to be an invaluable planning guide and on-the-job reference for maintenance managers, plant engineers, operations managers, and plant managers. It provides a clear, concise benchmarking methodology. It clearly explains and interprets current maintenance benchmarks. It provides a benchmarking database from more than 100 companies. New graphics enhance the text's explanations and descriptions.