Maintenance Performance Measurement – MPM​

“Maintenance performance measurement (MPM) is defined as ‘the multidisciplinary process of measuring and justifying the value created by maintenance investment and taking care of the organization’s stockholders’ requirements viewed strategically from the overall business perspective’.  It is considered to an important element in understanding the value created by maintenance, reevaluating and revising the maintenance policies and techniques, justifying investments in the adaption of new trends and techniques in providing maintenance services, revising resource allocations, understanding the effect of maintenance on other functions and stakeholders as well as on health and safety, and so on.”

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