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PIP REEE005

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PIP REEE005 2007 Edition, March 1, 2007 Spare Parts Management Guidelines

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Description / Abstract: This Practice describes the key factors used in identifying spare parts requirements and quantities for rotating equipment. This Practice provides guidelines for identifying needed spare parts, recognizing parts interchangeability opportunities, identifying start-up and maintenance parts, establishing locations and levels of parts stocking. This Practice applies to new construction, expansion, or revamp projects; maintenance; and stocking of rotating equipment parts inventory.

Comment: Spare part acquisition at the time of equipment purchase typically results in lower overall pricing.

Purpose

This Practice provides an objective, methodical process for identifying spare parts needed for life cycle support of rotating equipment.

The intended users of this Practice are:

a. Persons who evaluate the need and develop recommendations for the acquisition of equipment parts

b. Business and/or project managers who have the authority and accountability for purchasing parts