Actually it stays very simple.
Just taking an example of a centrifugal pump high vibration and abnormal noise during operation.
Start listing down like;
Operational Impact: Reduced pump efficiency and risk of seal failure
Immediate Action Taken: Pump isolated and standby pump started
Root Cause ...

FRACAS happens only after a failure is happened. The phase is entirely different, happens once we are in operation, and face a failure. FMEA application is to avoid a failure, analyze carefully what can actually happen and result into something unacceptable. FMEA is preferred at design stage where ...

Please recommend me a good read on the subject.
Beginner level, but expert in another discipline, working with petrochemicals.

Thanks guys.

For dusty application, 2SR roller bearings are the one which are recommended to be used.
They are sealed, and there is no entry of dust particles ensuring long run.
Hydrodynamic ones are not recommended due to possible dust ingress & eventual mix with the oil leading to grinding compound failing the ...

Looking forward to have a recommendation for a book on Chemical Processes & Reactions.

Before choosing a bearing type, classify the failure (even roughly):
Contamination wear / corrosion - bad sealing, washdown, dust ingress, chemical attack
Overheating / blueing / lubricant coking - wrong grease, overfill, too high speed, seal drag
Spalling (fatigue flaking) - under-designed load ...