Reliability Centered Maintenance (RCM) is a process that determines the best policies for managing asset functions and failures. It considers all asset management options like condition monitoring, scheduled restoration, and scheduled discard. RCM provides the optimal mix of reactive, time-based, condition-based, and proactive maintenance practices. When applied to commercial airlines in the 1970s, RCM reduced equipment-related crashes from 40 to 0.3 per million take-offs.