Abstract: A method for determining a risk of mechanical or electrical failure and for determining an inspection interval to mitigate said risk; the method including determining by a computer system an acceptable risk score based on computer readable instructions provided on a non-transitory computer readable medium, determining by said computer system an increase in risk score based on an elapsed time since a deficiency identified in a previous inspection has not yet been rectified, determining by said computer system an inspection interval based on said risk score, determining by said computer system a tolerance within said inspection interval based on said increased risk; and, specifying by said computer system an inspection interval and an inspection tolerance based on said determined schedule and said determined tolerance.

Abstract: A method for determining a risk of mechanical or electrical failure and for determining an inspection interval to mitigate said risk; the method including determining by a computer system an acceptable risk score based on computer readable instructions provided on a non-transitory computer readable medium, determining by said computer system an inspection interval based on said risk score, determining by said computer system a tolerance within said inspection interval based on said increased risk; and, specifying by said computer system an inspection interval and an inspection tolerance based on said determined schedule and said determined tolerance.

Abstract: An elevator device having a computer system associated therewith for determining a risk of failure in the elevator device and for determining an inspection schedule to mitigate the risk. The computer system includes a module for determining an acceptable risk score, a module for determining an inspection schedule based on said risk score, a module for determining an increase in risk score proportional to a time elapsed since an expected inspection in the inspection schedule if the expected inspection has been missed, a module for determining a tolerance within the inspection schedule based on the increased risk, and a module for specifying an inspection schedule and an inspection tolerance based on the determined schedule and the determined tolerance.

Abstract: An elevator device having a computer system associated therewith for determining a risk of failure in the elevator device and for determining an inspection schedule to mitigate the risk. The computer system includes a module for determining an acceptable risk score, a module for determining an inspection schedule based on said risk score, a module for determining an increase in risk score proportional to a time elapsed since an expected inspection in the inspection schedule if the expected inspection has been missed, a module for determining a tolerance within the inspection schedule based on the increased risk, and a module for specifying an inspection schedule and an inspection tolerance based on the determined schedule and the determined tolerance.