How to Calculate Return on Investment for Maintenance Improvement Projects

Maintenance — a function within most corporations, that most people do not understand. Unfortunately, too many people think they understand the maintenance function. This is evident by the many differing methods currently used to organize and perform maintenance in American corporations. It is no secret that many corporate and plant executives have concentrated on operations or manufacturing management, while management of the more technical disciplines such as maintenance have been ignored or placed in a secondary status. Maintenance, for example, has been viewed as an necessary evil or insurance policy, where money is paid and nothing (in their lifetime) is ever seen as a return.

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