When funds are running low, the list of postponed repairs and maintenance can grow quickly. Although it might make short-term financial sense, deferring maintenance will always cost you dearly in the long run.
What is Deferred Maintenance?
Deferred Maintenance is maintenance, improvements, or repairs that are postponed. In order to understand your deferred maintenance situation:
- Identify the reason maintenance was deferred
- Understand the scope of the problem
- Know your exposure if unmaintained equipment breaks down
- Prioritize projects to allocate what maintenance funding you do have
- Perform preventive maintenance and repairs on time to avoid project backlogs
Though it’s usually a funding shortfall, there are other reasons maintenance can be deferred:
- Lack of maintenance staff
- Unknowledgeable personnel
- Effects of maintenance on normal facility operations
- The needed parts are unavailable
Regular maintenance is a key factor in guaranteeing optimum facility efficiency and your employees’ health and wellbeing. Such maintenance also lowers the cost of large maintenance projects by reducing their number and severity.
When facility assets are not taken care of, they wear out early and then need to be repaired or replaced prematurely. To maximize the life of your assets, you must perform regular maintenance. Otherwise, you risk costly replacements and even costlier unscheduled downtime.
Want to know more about deferred maintenance? Call the maintenance experts at MaintenX today!