Planning for Success with a Capital Replacement Program

In this Best Practices Webinar, we speak with John Rimer (CFM), President & Founder of FM360, about the value of a Capital Replacement Program.

//Planning for Success with a Capital Replacement Program

Planning for Success with a Capital Replacement Program

In this Best Practices Webinar, we speak with John Rimer (CFM), President & Founder of FM360, about the value of a Capital Replacement Program.

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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: How Industry 4.0 and IIoT drive a new world of maintenance
Date: Wednesday, July 10 2019
Time: 11 a.m. ET
Presenter: Martin Davis, DUNELM Associates, and Jim Gavigan, Industrial Insight
About: Industrial IoT (IIoT) and Industry 4.0 strategies are bringing new opportunities to the well-known concepts of Condition Based and Predictive Maintenance. Join Martin Davis of DUNELM Associates and Jim Gavigan of Industrial Insight as they provide useful insights to revitalize your approaches to this topic.

2018-03-23T21:13:49-04:00August 19, 2015|Proactive maintenance|