Planning for Success with a Capital Replacement Program

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 Practices Webinar

Topic: The Evolution of Proactive Maintenance
Date: Wednesday, April 19, 2017
Time: 11:00am – 12:00pm ET (10:00am CT, 9:00am MT, 8:00am PT, 4:00pm GMT)
Speaker: Frederic Baudart, Product Application Specialist, Fluke Corporation

During this month’s Best Practices Webinar, Frederic Baudart, Product Application Specialist at Fluke, will highlight the most effective strategies to shift from a reactive to proactive maintenance program, and how to establish the foundations for this condition-based maintenance approach.

Request Info