Preventive Maintenance Plan and the cost of not having one in place

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In the same way you would not wait until your car’s engine fails to get the oil transmuted; machines, equipment, buildings and anything of value to your organisation need consistent maintenance to avoid breakdowns and costly disruptions. This work is called Planned or Preventive Maintenance (PM). Preventive Maintenance is performed while the equipment is operating to avoid the consequences of unexpected breakdowns leading to an incremented cost of repair, downtime and more.

Preventative maintenance (or preventive maintenance) is maintenance that is conventionally performed on a piece of equipment to abate the likelihood of its failure. Preventative maintenance is performed while the equipment is still working, so it does not break down unexpectedly.

It’s easy to maintain just a few assets but what is the solution when you have an illimitable amount of equipment to handle? You require something more than the conventional management software. Various IT support software tools can tackle all your maintenance issues and troubles and plan out maintenance before any issue arises.

Preventative maintenance is more complex to coordinate than run-to-failure maintenance because the maintenance schedule must be planned. Preventative maintenance is less intricate to coordinate than predictive maintenance because monitoring strategies do not have to be planned nor the results interpreted.

Preventive Maintenance IT support comes handy when replacing/upgrading worn components before they actually fail. Schedule recurring tasks when required to keep track of maintenance issues. Get exhaustive check-ups done at concrete periods, keep track of depreciation value and CMDB expenses. It gets more easy to know when your equipment needs replacement or repair the worn out before they culminate up causing you system failure and waste of resources.

Planned/Preventive maintenance of equipment will help to improve equipment lifecycle and avoid any unplanned maintenance activity.  A successful preventive maintenance program is dependent on the cooperation of all the parties involved.  Engineering managers must rely on the knowledge, ideas, and contributions of all the maintenance personnel at the property.

While not having Preventive Maintenance Planned can lead to loss, here’s how Preventive Maintenance can help you.

Here are other important benefits of a properly operated preventive maintenance program:

  • Better conservation of equipment and increased life expectancy of equipment, thereby eliminating premature replacement of machinery.
  • Equipment downtime is decreased and the number of major repairs are reduced
  • Timely, routine repairs to avoid large-scale repairs
  • Improved safety and quality conditions for everyone
  • Reduced overtime costs and more economical use of maintenance workers due to working on a scheduled basis instead of a crash basis to repair breakdowns

It is important to remember that not every piece of equipment should be added to your preventive maintenance plan. Some equipment are just too old and worn out, and reactive maintenance may actually be a more cost-efficient method in these cases. Look at the cost of repairs or replacement, how often this maintenance is typically performed, and what level of priority the equipment has.

You’ll find that some items are better left to be replaced or repaired once they break. If so, make sure to schedule upgrades of those assets. If possible, plan to retire bad units. It is a good idea to actually leave bad units off the system since nothing will be done for them between inspections.