ATLANTA, April 17, 2017 /PRNewswire/ — The Society for Maintenance & Reliability Professionals (SMRP) has published its newly revised SMRP Best Practices, 5th Edition, a comprehensive publication of world-class metrics, guidelines and a glossary of terms for the maintenance, reliability and physical asset management profession. This publication is designed to help practitioners run safe, cost-efficient and effective maintenance and reliability programs that align with strategic, operational and tactical best practices of an organization.

The 70+ metrics and guidelines in this new edition provide standardization and benchmarks to measure the success of maintenance and reliability programs. Each metric is broken down by definition, objective(s), formula, component definitions and qualifications, and includes a sample calculation, best-in-class target values, cautions and notes for harmonization. The guidelines provide additional information and further clarification of component terms used in SMRP’s metrics.

«As the opportunities and challenges in our profession evolve, so too must the metrics and guidelines practitioners use to measurably improve efficiency and cost-effectiveness within their programs,» said Larry Hoing, SMRP chair. «This publication is the culmination of experts and key influencers lending their knowledge to provide vital best practices and knowledge for every practitioner in our profession.»

This publication follows the five pillars of the SMRP Maintenance & Reliability Body of Knowledge. The pillars represent key areas that help practitioners in their professional development and to further advance their careers. These areas are: Business & Management, Manufacturing Process Reliability, Equipment Reliability, Organization & Leadership, and Work Management.

SMRP Best Practices, 5th Edition is currently available to SMRP members for free and to nonmembers for 395.00 USD. The publication can be found in the online store at

About SMRP

The Society for Maintenance & Reliability Professionals (SMRP) is a nonprofit professional society formed by practitioners to advance the maintenance, reliability and physical asset management profession. SMRP’s membership consists of more than 5,500 individuals, practitioners, companies and students around the world. SMRP is committed to sustaining best practices and developing leaders in the profession by offering education resources, world-class certifications and knowledge-sharing opportunities for members. For more information, visit

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SOURCE Society for Maintenance & Reliability Professionals (SMRP)