Definition - What does Equipment Failure mean?
Equipment failure refers to any event in which any equipment cannot accomplish its intended purpose or task. It may also mean that the equipment stopped working, is not performing as desired, or is not meeting target expectations.
Safeopedia explains Equipment Failure
Examples of equipment failure include: engine failure or misfire, brake failure or stop controlling device failure, suspension of operation due to heat or other environmental conditions, failure due to defect in the electronics or circuits, power failure or fuel supply failure, etc..
Equipment failure leads to loss of asset availability, deviation from standard procedure, not meeting the quality and expected target quantity, loss of time, labor and money, and loss of integrated system. Equipment failure can be prevented or reduced through proper maintenance management, inspection, timely finding of problems, rectification of problems, and repair.