Maintworld Magazine 4/2023

CONSTRUCTION INDUSTRY
these benefits
is the consistent
operational
efficiency that
well-maintained
equipment guarantees.
The Construction
Industry
Institute
underscores this,
highlighting that
machinery under
a rigorous preventative maintenance
regimen retains a vast majority of its
operational prowess throughout its lifecycle.
This directly translates to projects
adhering to their timelines, fortifying a
company's reputation for reliability and
punctuality.
Additionally, the stability offered
by equipment longevity, courtesy of
preventative maintenance, means that
operators gain in-depth familiarity
with their machinery. This continuity
ensures that operators master their
equipment, leading to optimized perintricate
components, including cables,
pulleys, and hydraulic systems.
Activities such as lubrication, calibration
of loose parts, replacement of
components exhibiting wear and tear,
and periodic software updates (if the
machinery is digitally integrated) are
integral to this regimen. According to
a study by the Construction Equipment
Management Program, regular
preventative maintenance can enhance
equipment life by up to 60%. Such a
methodical and sophisticated approach
not only ensures that the crane operates
at its zenith of capacity but also significantly
diminishes the probability of
unanticipated operational downtimes,
which can have cascading repercussions
on project timelines and costs.
lays associated with equipment replacement.
Research from the Construction
Industry Institute underscores this,
suggesting that machinery under a preventative
maintenance umbrella can see
its operational life extended by 20-40%.
This elongation represents not just a
delay in replacement costs but also
ensures that the equipment operates
at peak efficiency, leading to reduced
operational costs.
In summation, the financial wisdom
of preventative maintenance in the
construction sector is evident. While
there's an upfront cost, the long-term
savings, both direct and indirect, make
it an indispensable strategy for firms
aiming for fiscal prudence and project
success.
THE BENEFITS OF USING
PREVENTATIVE MAINTENANCE
IN CONSTRUCTION
1
Significant Cost Savings
in Many Areas of The
Business
In the intricate world of construction,
where financial margins are
often razor-thin, the role of preventative
maintenance stands out as a beacon of
fiscal responsibility. At first glance, the
outlay for regular equipment upkeep
might appear as an added expenditure.
However, delving
deeper into the
financial matrix
reveals a different
narrative.
Unplanned
equipment breakdowns,
often
resulting from
neglect, can lead to
exorbitant repair
costs. According
to the National
Research Council, the financial implications
of such reactive maintenance
can be up to nine times more than a
well-planned preventative approach.
Beyond the direct repair expenses, the
ripple effects of these breakdowns, such
as project delays and potential contractual
penalties, further strain project
budgets.
Moreover, the longevity of machinery
is intrinsically tied to its maintenance
regimen. By investing in preventative
care, construction firms can
significantly defer the hefty capital out-
Preventative
maintenance stands out
as a pivotal practice,
underpinning the
operational longevity
and efficiency of critical
machinery.
2
The Role of Preventative
Maintenance in Ensuring
Equipment Longevity
in Construction
In the construction realm, equipment
longevity is not just a financial asset
but a cornerstone for seamless operations
and sustained business growth.
At the heart of this longevity lies preventative
maintenance—a proactive
approach that ensures machinery not
only endures but operates at its zenith,
bringing manifold strategic benefits to
construction entities.
Central to
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