Maintenance budgets and cost reporting

One of the more important Key Performance Indicators (KPI’s) in Maintenance is how much it costs. While many would argue that this is the most important measure of Maintenance, I would suggest that in

Approving Maintenance expenditures

  A fundamental management principle is that any function that is a part of a business process should add value, and this includes the function of approving expenditures. Of course, all major capital expenditures