Activity-Based Budgeting and Cost Management

Legacy budget development and cost management methods are no longer adequate for the ever-increasing demands on the maintenance organization to do more and more with fewer resources and money. This session introduces activity-based budgeting and best practices cost management methodology that ensures a budget predicated on actual need and a practical means to manage that budget for optimal benefit in terms of available capacity, reduced cost and maximum useful life of capital assets. The Maintenance Management Certificate Program provides a comprehensive management development program for existing and aspiring maintenance management professionals. The program is aimed at current and aspiring maintenance managers, engineers, supervisors, planners, but is applicable to all who have a direct interest in or are affected by maintenance performance and its impact on the enterprise. While the program is maintenance-centric, the methods, standard processes and logic are applicable for all organizational functions. This comprehensive program is helpful to all industries and facilities, as well as for single-plant or global enterprises.