Specialized Business
facility equipment preventative maintenance vs downtime cost calculator
PM cost = visits × (labor + parts). Downtime cost = failure probability × hours down × (lost margin/hour + emergency repair). Choose the lower expected cost.
Compares planned preventative maintenance (PM) spend with the expected cost of unplanned downtime—lost output, overtime, and emergency repair—for a facility asset.
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Terms & how it works
Confused by a field? Read the short definitions here while you use the tool.
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Compare preventative maintenance cost vs downtime loss on facility equipment. Free, instant, no email.
When to use this facility equipment preventative maintenance vs downtime cost
Common use cases
- Compare preventative maintenance cost vs downtime loss on facility equipment. Free, instant, no email.
- Sanity-check with this case: PM $2,400/year vs 15% chance of a 10-hour outage at $1,800/hour + $4,000 emergency = 0.15 × ($18,000+$4,000) = $3,300 expected. PM wins by $900.
- The relationship is: PM cost = visits × (labor + parts). Downtime cost = failure probability × hours down × (lost margin/hour + emergency repair). Choose the lower expected cost.
Localized examples
- Specialized Business: the example on this page uses the same formula as the widget.
What you get
- Workspace controls for this exact question
- PM cost = visits × (labor + parts). Downtime cost = failure probability × hours down × (lost margin/hour + emergency repair). Choose the lower expected cost.
- Example on the page: PM $2,400/year vs 15% chance of a 10-hour outage at $1,800/hour + $4,000 emergency = 0.15 × ($18,000+$4,000) = $3,300 expected. PM wins by $900.
What is it?
Compares planned preventative maintenance (PM) spend with the expected cost of unplanned downtime—lost output, overtime, and emergency repair—for a facility asset.
The Formula
Governing formula
PM cost = visits × (labor + parts). Downtime cost = failure probability × hours down × (lost margin/hour + emergency repair). Choose the lower expected cost.
Real-World Example
PM $2,400/year vs 15% chance of a 10-hour outage at $1,800/hour + $4,000 emergency = 0.15 × ($18,000+$4,000) = $3,300 expected. PM wins by $900.
Why It Matters
Skipping PM looks cheap until a line stops. This is the ops conversation between maintenance and finance in one formula.
Frequently Asked Questions
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