You're debating cost versus reliability in power system maintenance. How do you find the optimal balance?

Striking the perfect balance between cost and reliability in power system maintenance is key to ensuring uninterrupted service without overspending. To navigate this challenge:

- Assess risk versus impact: Evaluate the potential risks of equipment failure against the impact on your operations.

- Schedule regular maintenance: Implement a routine maintenance plan to prevent unexpected breakdowns and costly repairs.

- Invest in quality components: Choose reliable parts that may have a higher upfront cost but will save money in the long term through reduced failures.

How do you balance cost with reliability in your maintenance strategies?