April 30, 2007—A preventive maintenance (PM) benchmark study, conducted across multiple industries, found that more than half of the facilities managers rated their current PM program insufficient in reducing costs and extending the life of equipment and assets, while another 37 percent ranked their current program less than optimal.
In an effort to promote best practices within facilities maintenance, Corrigo, a leading provider of on-demand maintenance management software, surveyed over 140 facilities managers across the real estate, retail, field services, restaurant, government and education industries.
While respondents stated that reducing operating costs and controlling spend were top goals, less than 10 percent felt that their PM program was optimal.
The majority (59 percent) of respondents stated that they document preventive maintenance tasks. However, 66 percent did not have a system in place that provided important service details to the field in real time, such as the condition and service history of an asset, preventing most field techs from accessing information when they need it most, the survey found.
The Preventive Maintenance Benchmark Study can be found on Corrigo’s Web site.

