The article at the link below details the first three steps involved in delivering precision lubrication (i.e. RCL):

1. Developing a well defined RCL strategy and tactics that improve performance.  
2. Recognizing the value and estimating financial merit of RCL.   
3. Evaluating machines for criticality and prioritize the analysis and assignment of new lubrication task.

http://www.precisionlubrication.com/assets/files/technical_library/Building_Reliability_Centered_Lubrication%28part%201%29.pdf

This article originally appeared in the June 2011 issue of Tribology and Lubrication Technology and has been shared with permission from the publication.