How to Tackle Maintenance Budgeting
A computerized maintenance management system (CMMS) is an application that allows for effective management of all types of maintenance activities. This includes maintenance budgeting for expenses such as labor, parts and miscellaneous costs for completion of work orders, replacement of equipment at the end of its useful life, as well as tracking of special projects and purchasing.
Operating a maintenance department cost efficiently without having a plan that outlines the working budget is difficult. Often decisions are based on guesswork or emergencies with no real data to show when, where or how maintenance was performed in the past and what is needed in the future.