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API Standard 689 provides a comprehensive basis for the collection of reliability and maintenance (RM) data in a standard format for equipment in all facilities and operations within the petroleum, natural gas and petrochemical industries during the operational life cycle of equipment. It describes data-collection principles and associated terms and definitions that constitute a "reliability language" that can be useful for communicating operational experience. The failure modes defined in the normative part of this Standard can be used as a "reliability thesaurus" for various quantitative as well as qualitative applications. This Standard also describes data quality control and assurance practices to provide guidance for the user.

Standardization of data-collection practices facilitates the exchange of information between parties, e.g. plants, owners, manufacturers and contractors. This Standard establishes requirements that any in-house or commercially available RM data system is required to meet when designed for RM data exchange. Examples, guidelines and principles for the exchange and merging of such RM data are addressed.

This edition of API Standard 689 is the identical national adoption of ISO 14224, Petroleum, Petrochemical and Natural Gas Industries-Collection and Exchange of Reliability and Maintenance Data for Equipment.