Maintenance ManagementMaintenance Budgeting and Cost Control
Maintenance budgets are cut in the year they are needed least and overspent in the year the consequences arrive, because the relationship between spend and asset condition is rarely made visible. This course makes it visible. Delegates work through cost structure across labour, materials, contractors and overheads, zero based and activity based approaches to building a budget, and estimating from a maintenance plan rather than from last year plus a percentage. Capital against operating classification is covered, since it changes both tax and reported profit. Variance analysis and forecasting follow. Deferred maintenance and its accumulating cost are addressed directly. The course closes on defending a maintenance budget to a finance function.
Course objectives
- Analyse cost structure across labour, materials, contractors and overheads
- Build a budget from the maintenance plan rather than from last year
- Apply zero based and activity based approaches
- Classify capital and operating spend correctly
- Analyse variances and forecast outturn
- Quantify the accumulating cost of deferred maintenance
- Defend a maintenance budget to a finance function
Who should attend
- Maintenance managers and engineers
- Maintenance planners and cost controllers
- Finance staff supporting engineering functions
- Asset managers and reliability engineers
- Operations managers accountable for maintenance spend
Course outline
- 01Cut when least needed, overspent when it matters
- 02Cost structure and drivers
- 03Building a budget from the plan
- 04Zero based and activity based approaches
- 05Capital against operating classification
- 06Variance analysis and forecasting
- 07Deferred maintenance and its accumulating cost
- 08Defending the budget
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 13 to 15 January 2027 | Online | Online | R6,500 per delegate | Register Now |
| 10 to 12 February 2027 | Lagos, Nigeria | Classroom | USD 995 per delegate | Register Now |
| 24 to 26 February 2027 | Gaborone, Botswana | Classroom | R14,950 per delegate | Register Now |
| 3 to 5 March 2027 | Durban, South Africa | Classroom | R14,950 per delegate | Register Now |