Why Maintenance Budgets

7 Pages

Countless hours are spent creating expensive maintenance budgets, but the output is still generally very poor. Little intelligence goes into budget development when asset details and cost history are lacking, and this leaves the planners and managers guessing about future maintenance expenditures. Guesswork undermines the credibility of the maintenance budgets as well as those who develop them, and the issues are perpetuated when the numbers roll up to the finance budget. The adage “garbage in, garbage out” is relevant here.

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Why Maintenance Budgets

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