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When function and reliability are critical, all cost elements need to work together for minimum total True Cost.
Total True Cost includes 7 elements:
| Causes |
Consequences |
| Administration |
Breakdown Maintenance |
| Design and Installation |
Poor Function |
| Preventative Maintenance |
Operating Cost (including energy) |
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Downtime |
On one hand under-designing and under-maintaining can lead to major operational, downtime and energy cost problems and high True Cost. However, unchecked over-design and over-maintaining is pure waste, and can also lead to excessive True Cost. We are always pursuing the optimum balance.
How we can help:
- Most importantly - by having the mindset and commitment to work with you, to understand all aspects of your situation, and maximise your system’s financial performance.
- Critical Design Optimisation - a process involving thorough consultation at both the concept and design stages, developed over decades of experience.
- Downtime Decision Modeling - a predictive technique well ahead of existing best practice, its purpose being to generate optimised design, maintenance and downtime trade-offs.
- Energy cost minimisation.
- Fixed cost comprehensive maintenance options to control risk and budget fluctuations.
- An overriding policy that ALL proposals, large and small must be assessed to our clients’ True Cost benefit.
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