Terotechnology
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Terotechnology (; from
Greek Greek may refer to: Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group *Greek language, a branch of the Indo-European language family **Proto-Greek language, the assumed last common ancestor of all kno ...
τηρεῖν ''tērein'' "to care for" and technology) is the technology of installation, including the efficient use and management of equipment. It also involves the use of technology to carry out maintenance functions in a bid to reduce cost and increase productivity. It has been replaced with "
asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...
".


Definition

The term goes back to the 1970s. Terotechnology is a system for the care of equipment. It includes the management, engineering, and financial expertise working together to improve the installation and operations.


In practice

It involves the reliability and maintainability of physical equipment regarding installation, operation, maintenance, or replacement. Decisions are influenced by feedback throughout the life cycle of a project. In 1992 the
British Standards Institution The British Standards Institution (BSI) is the Standards organization, national standards body of the United Kingdom. BSI produces technical standards on a wide range of products and services and also supplies standards certification services ...
published ''
British Standard British Standards (BS) are the standards produced by the BSI Group which is incorporated under a royal charter and which is formally designated as the national standards body (NSB) for the UK. The BSI Group produces British Standards under th ...
3843: Guide to terotechnology''. The standard was withdrawn in November 2011.


See also

*
Asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...


References


External links

*{{wiktionary-inline
''Collins English Dictionary – Complete and Unabridged'', HarperCollins Publishers 1991, 1994, 1998, 2000, 2003
Engineering mechanics Industrial design Industrial processes Maintenance