The importance of PPMC for Asset Management is quite significant for the preservation of facilities and equipment of a company. Understand this relationship better!
The PPMC is an important asset management tool. It enables companies to identify, monitor and manage their assets more efficiently. In addition, the PPMC also helps organizations make more informed decisions about their asset investments and on-the-go maintenance plans.
In this post, we will discuss the importance of PPMC for Asset Management, as well as how the program can be implemented.
What is PPMC?
The PPMC is the acronym for Planning, Programing and Maintenance Control. It is a plan that helps to better manage assets based on risk and cost assessment. Its goal is to provide a means of minimizing the risks of asset loss, ensuring the preservation and good performance of assets, and determining which actions should be performed under a maintenance program.
PPMC also helps identify and document maintenance issues that can affect the integrity, yield, or security of assets.
What is the importance of PPMC for Asset Management? Understand the benefits!
The PPMC offers several benefits for asset management, as we will see below.
Helps identify and document maintenance issues that can affect asset integrity, yield, or security
The PPMC’s main objectives are to identify and catalog maintenance failures that could compromise asset performance. This is important because when identifying these problems, it is easier to take steps to prevent them or at least minimize their effects. In addition, when documenting these flaws, it is easier to track, monitor, and seek appropriate solutions.
Helps minimize the risks of asset loss
Effective implementation of the PPMC requires identifying key risk areas, setting priorities and setting specific targets. In addition, it is important that performance standards are defined and action plans developed to ensure the effectiveness of the PPMC. Once implemented, it is important to monitor and review asset performance and make adjustments when needed.
Helps contain the costs associated with preventive maintenance
In addition, PPMC helps reduce maintenance costs and improve asset management efficiency. By implementing PPMC, companies can gain a comprehensive view of maintenance needs and associated costs. This enables informed decision-making on how to allocate resources efficiently to improve asset performance.
Helps track and monitor asset performance
By implementing PPMC, organizations can also better track and monitor asset performance. PPMC provides information on asset performance, enabling early identification of maintenance issues that can affect operational efficiency. This ensures that organizations can respond quickly to any problem and implement preventative measures to keep assets in good condition.
How to implement PPMC?
Implementing a successful PPMC requires careful planning, expertise, and asset management tools. The main steps include:
- identify the needs and goals of the organization with maintenance management;
- implement the necessary measures to ensure compliance with the PPMC;
- plan and document the details of the PPMC deployment
- monitor and review asset performance through PPMC indicators;
- make adjustments when necessary.
By following the steps mentioned, organizations can ensure that the PPMC is implemented effectively to help improve asset management. However, never disregard how beneficial the technology can be for the implementation of the PPMC. An asset management system becomes paramount both in the preparation and implementation of this program.
PPMC is an important method for Asset Management because it allows for loss reduction, resource savings and increased productivity —all factors that directly impact the company’s profit.
Manusis4 is a complete asset management software for the implementation of PPMC. Request a demo and check its features in practice!