What does PM mean in BUSINESS

Preventative maintenance is a routine for regularly servicing and inspecting equipment and identifying potential problems before they occur. This helps to extend the lifespan of the equipment, minimize downtime when a problem arises, and ensure safety for personnel and the public.

The frequency of preventive maintenance depends on your particular equipment, its environment or application, as well as recommended standards or regulations. Generally speaking, it should be performed at least every six months, but more frequent intervals may be necessary for high-risk applications.

Depending on the size or scope of your operation it's usually the responsibility of operations/maintenance managers, engineering managers or plant supervisors to schedule preventive maintenance activities. It may also fall within the job responsibilities of staff members charged with fleet management or purchasing roles.

Proactive preventive maintenance activities are intended to reduce costs by avoiding downtime due to breakdowns or system failures—which can help maximize profits, improve safety levels in the workplace, improve customer service and satisfaction ratings, and increase market share by delivering reliable products and services that meet industry standards in quality.

Common types of tasks can include lubrication; cleaning (including air filters); adjustments (as needed); testing; failure analysis; calibrations; replacement/repair parts installation; system performance checks; safety inspections; and other predictive analytics methods used to diagnose potential problems.

Yes! There are a variety of software programs designed specifically to manage all aspects of preventive maintenance planning including scheduling, tracking labor hours spent on each task performed under the plan—as well as ordering new replacement parts if needed—and reporting progress and results from each activity completed.

Yes and no. While some basic knowledge about how your specific equipment works is beneficial in order to correctly perform preventative activities properly—chances are if you've been charged with this task you have received adequate training in order to do so safely and efficiently without errors or unnecessary risks being taken on site. Certification courses may be offered depending upon the nature of your operations requirements as well.

Documentation related to preventative maintenance activities should be kept according to standard industry practices while adhering strictly to all applicable local laws concerning records retention schedules too—if applicable within your jurisdiction or area served by your operation.

Yes! As always when working with machinery there are certain inherent risk factors which must always be taken into account prior beginning any type of work—prioritizing safety at all times is key in order not only protect personnel but also reduce liability related incidents.

Yes! Many software programs now incorporate mobile applications allowing users access important data concerning their PM efforts from virtually anywhere which makes it easier than everbefore monitor projects remotely without havingto access multiple systems.