1. Review
From the previous chapter, we understand that maintenance policy stream down from corporate strategy.
It has to be integrated with management so that it could ensure effectiveness of the assets to drive economic activities.

2. Review
Previous chap
Policy is the strategic statement of what level of maintenance is required to keep the asset in operational condition.
It details
maintenance objectives of organization
maint requirements
accountability and responsibility
team & work organization
implementation and process management

3. Maintenance Policy Objectives
Show the maintenance objectives of the organization for a given period of time
How maintenance program contributes to the objectives of the overall organization
Performance management and control system such as penalty
Resources availability and management

4. Maintenance Policy
Derived the policy (guidelines) from the Objectives which is is influence by various factors
Statutory requirements
Organizational requirements
Customer charter
Market requirements
Industry standard
Consequences of failure
Overall Organizational Strategy
System Interdependency

5. Chap 3 EXECUTING THE MAINTENANCE POLICY

6. Chap 3 INTRODUCTION Factors Influencing the Maintenance Policy
Technical Factors
Corporate Policy Considerations
Organizational Considerations
Financial Considerations
Economic Considerations
Environmental Considerations

7. Technical Factors
Age of equipment & Useful life
Cost of Parts Replacement
True cost of Deferred maintenance
Historical cost of maintenance
Programmed Factors
Materials relevance or availability
Statutory requirements
Technology advancement &
New work practice / User Requirements

8. Corporate Policy Considerations
Public Image
Consequences of failure
Past & current usage
Employee working considerations
Future strategy considerations
Social responsibilities

9. Organizational Considerations
Power Bases
Positioning of Maintenance Dept
Organizational Structure
Managerial interaction
Strategic Management Policy
Nature of the organization

10. Financial Consideration
Company Performance and profitability
Cash Flow
Size of direct labour force
Arrangements with external contractors
Previous expenditure N effectiveness
Inflation
Variations in construction industry
Other financial issues : levy, insurance,etc

11. Economic Considerations
Organizational Perceptions on maintenance
Contribution from maintained assets
Link between maintenance and return

12. Environmental Considerations
External Business environment / challenges
General economic climate
Legislations
Internal regulations
Tenure agreement
Availability of alternatives
Social liability to the environment

13. Managing standards
This will be the base line of performance measurements and it is dependence on the availability of finance allocated to this function
Factors influencing standards
authorize figure to set the standards
Qualification of the standards
Maintenance performance criteria
Optimal costing

14. Factors influencing standards
Authorize figure to set the standards
- maintenance manager
- plant engineer
- equipment specialist

15. Factors influencing standards
Qualification of the standards
- Readily defined
- easily calculated and measure
- avoid aesthetic emphasis

16. Measurements of Standards
Maintenance performance criteria
- compliance with min statutory req
- customer satisfaction
- aesthetic & appearance
- short v long term goal
- expansion/contraction/disposal
- utility consumption

17. Factors influencing standards
Optimal costing
- best value for money
- economic of scales ordering
- target predictive maintenance

18. Expressing standards Functional condition & Performance Criteria
Condition Led maintenance requirements
Operational Led maintenance requirements
Response time (equipment availability)
Financial criteria

19. Executing the Policy Internal Resources - Capacity and Capability
- Operational and Management Processes
- Knowledge and Skill sets
External Procurement
- understanding of the operational req
- understanding the tech demand
- vendor selection
- operational environment