Equipment Management

As one of the three most crucial resources the company relies on, construction equipment must be meticulously managed. The effectiveness of the equipment management strategy will have a knock-on effect on the rest of the project in its entirety. Overspending on equipment could render the project unviable. Substandard or incomplete equipment could halt the project in its tracks. Unsafe equipment, key equipment not being delivered on time, poor storage and so on – just a few considerations that must be factored in. Far from a one-off management process, equipment management demands continuous evaluation of every aspect of essential equipment, with a primary focus on quality, safety and cost-effectiveness.

This targeted tutorial has been designed for existing and prospective construction managers at all levels. Explore the fundamentals of equipment and inventory management, with sub-topics including spare parts inventories, stock planning, the importance of maintenance management, principle aspects and methods of maintenance, equipment servicing and servicing facilities, field repair, maintenance tools, lubrication requirements and storage considerations.