What are you protecting?
Each class sets credible defaults for failure cost, find rate, and repair cost — all still adjustable.
Three questions about your system
That's all we need — everything else uses industry benchmarks you can inspect (and override) below.
Where the return comes from
Findings aren't one population. Each priority class carries its own likelihood of failing within 12 months — likelihood × consequence is what sets the repair order.
| Priority | Findings | Likelihood of failure (12 mo) | Consequence | Risk removed | Per $1 of repair |
|---|
The benchmarks — inspect or override
The arithmetic: return = (frequency × consequence) ÷ cost to reduce the risk. Frequency = failures per year the program prevents, computed per priority class as findings × likelihood. Consequence = fully-loaded cost of one failure. Cost = repairs + program. If it makes sense, it shows in the arithmetic.
Benchmarks: U.S. DOE FEMP O&M Best Practices (predictive maintenance saves 8–12% vs. preventive, 30–40% vs. reactive; ~10× typical program ROI); NETA MTS / NFPA 70B severity grading; industry defect-progression and downtime studies. Counts avoided failures only — deferred capital, insurance credits, and multi-year replacement exposure are upside not included.
ReturnChecker.com — a tool from EnergyRiskAcademy.com
Prepared by John Munno · 2026