Reliability-centered maintenance (RCM) is a systematic process used to ensure that any physical facility will be able to meet its designed functions continuously in its current operating context. RCM suggests the appropriate maintenance strategies for performing the maintenance actions at the right time for a particular system. One of the important factors in developing an RCM within an organization is the adoption of a suitable framework that provides the required flow of various stages for proper selection of a maintenance plan based on reliability analysis. Several authors have proposed different frameworks for RCM. A comparative study has revealed that most of the frameworks are unique and mainly focused on the suggestion of the maintenance strategy only. This paper develops a framework based on strength, weakness, opportunity, and threats (SWOT) analysis of the existing frameworks using ISM-MICMAC approach. © IEOM Society International.