How do you measure and monitor the key performance indicators and metrics for preventive maintenance work?
Preventive maintenance (PM) is the practice of performing regular inspections, repairs, and replacements on equipment and facilities to prevent breakdowns, failures, and costly downtime. PM can improve reliability, efficiency, safety, and quality of your assets and operations. But how do you know if your PM program is effective and efficient? How do you measure and monitor the key performance indicators (KPIs) and metrics for PM work? In this article, we will explain what KPIs and metrics are, why they are important, and how to choose and track them for your PM program.