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Most facility organizations operate in a reactionary “firefighting” mode, tending to the largest “fires” or failures occurring that day, which is a very costly approach. One of the primary contributors to this reactive environment is deferred maintenance created by equipment that is at or beyond its useful life.

The typical “wish-list” approach has never proven successful. A consistent, manageable, one/three/five/ten-year capital forecast must be generated that substantiates the necessary facility investment.

During this session, guest speaker John Rimer, CFM, President & Founder of FM360, discusses the value of a Capital Replacement Program (CRP), and reviews how to:

1. Cost-effectively implement a CRP
2. Sell a CRP plan to upper management
3. Leverage CMMS when implementing a CRP

Original session held on August 19, 2015

Upcoming Live Best Practice Webinar – Register Now!

Topic: The Powerful Principles behind RCM
Date: Wednesday, September 11, 2019
Time: 11 a.m. ET
Presenter: Nancy Regan,  founder and president of The Force, Inc.
About: Even if you never intend to apply Reliability Centered Maintenance (RCM) specifically, the basics provide a wealth of knowledge that can be (and should be!) applied to just about any asset improvement initiative. Hear RCM expert Nancy Regan’s engaging presentation on what you need to know.