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The project schedule is a calendar that links the tasks to be done with the resources that will do them. It is the core of the project plan used to show the organization how the work will be done, commit people to the project, determine resource needs, and used as a kind of checklist to make sure that every task necessary is performed.
CMMS data may also be used to verify regulatory compliance. To properly control the maintenance of a facility, information is required to analyze what is occurring. Manually, this requires a tremendous amount of effort and time. A CMMS also allows for record keeping, to track completed and assigned tasks in a timely and cost-effective manner. [3]
A work order may be a maintenance or repair request from students, faculty or staff in a university. [3] [4] Orders received from outside an organization are often dispatched (reviewed and scheduled) before being executed. [5] [6] Work orders may be for preventive maintenance [7]
The fixed capital investment provides the physical facilities. The working capital investment is a revolving fund to keep the facilities operating. [4] In system, product, or facility acquisition planning, a cost estimate is used to evaluate the required funding and to compare with bids or tenders.
The work breakdown structure provides a common framework for the natural development of the overall planning and control of a contract and is the basis for dividing work into definable increments from which the statement of work can be developed and technical, schedule, cost, and labor hour reporting can be established.
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The New York Times gave an example of "machinery that is not lubricated on schedule" that functions "until a bearing burns out." Preventive maintenance contracts are generally a fixed cost, whereas improper maintenance introduces a variable cost: replacement of major equipment. [13] Main objective of PM are: Enhance capital equipment productive ...