Maintenance Costs Reduction Strategy without Undesirable Impact on Product Quality
10 - 11 SEPTEMBER 2026
COURSE INTRODUCTION
This programme helps maintenance and operations teams reduce avoidable cost without compromising product quality, safety or equipment reliability. Participants examine total maintenance cost, capital and revenue expenditure, cost drivers, work practices and improvement priorities to identify practical savings that support sustainable plant performance. Practical examples and guided discussion help participants connect the subject to decisions and challenges in their own workplace.
COURSE OBJECTIVES
By the end of this programme, participants should be able to:
- Explain the core concepts, terminology and working principles related to Maintenance Costs Reduction Strategy without Undesirable Impact on Product Quality.
- Apply structured methods and industry good practices for Introduction - Strategy the cost management process, A definition of the total cost of maintenance, and Capital and revenue costs.
- Evaluate relevant mechanical & maintenance situations and identify risks, gaps and improvement opportunities.
- Translate the learning into practical workplace actions and sound technical decisions.
COURSE OUTCOME
Upon completion, participants will be better prepared to:
- Assess relevant workplace situations using the concepts and methods covered in Maintenance Costs Reduction Strategy without Undesirable Impact on Product Quality.
- Select and apply appropriate tools, checks or controls for Introduction - Strategy the cost management process, A definition of the total cost of maintenance, and Capital and revenue costs.
- Recommend actions that support equipment reliability, maintenance effectiveness and operational performance.
- Communicate findings, improvement opportunities and next steps clearly to relevant stakeholders.
WHO SHOULD ATTEND
This programme is suitable for maintenance engineers, mechanical engineers, reliability teams, technicians, supervisors, plant personnel and operations teams responsible for equipment performance.
COURSE CONTENT
- Introduction - Strategy the cost management process
- A definition of the total cost of maintenance
- Capital and revenue costs
- The importance of cost awareness
- The importance of cost reduction
- Benchmark standards
- Where to find best practice
- Key components of fixed costs
- Key components of variable costs
- Overheads and product costing
- Activity-based costing (ABC) - the principles
- Where and how the ABC approach may be helpful
