RCM2 is the leading RCM methodology used to determine the maintenance requirements of any physical asset in its operating context. It is used to decide what must be done to ensure that any physical asset, system or process continues to do whatever its users want it to do. The RCM2 process seeks to identify a suitable failure management policy for dealing with each failure mode in the light of its consequences and technical characteristics. The RCM2 process provides precise criteria for deciding how often routine tasks should be done.

Failure management policy options include:

• predictive maintenance
• preventive maintenance
• failure-finding
• change the design or configuration of the system
• change the way the system is operated
• run-to-failure