Blog June 22, 2017 Benefits of Preventative Maintenance What is Preventative Maintenance? Preventative Maintenance is a schedule of actions that aim at the prevention of breakdowns and failures. A procedure of inspecting, testing and reconditioning a system at regular intervals per specific instructions, intended to prevent failures in services or to slow deterioration. The primary goal of preventative maintenance is to prevent the failure of equipment before it occurs. It is designed to preserve and enhance equipment reliability by replacing worn components before they actually fail. From boiler rooms to air conditioners, it’s important to have these systems inspected often. Here are a few reasons why preventative maintenance is paramount to property management. Improved System Reliability One major benefit to keeping up with your building equipment is that it allows you to recognize how and when something could be upgraded or improved. As newer technology comes out, maintenance technicians are learning new procedures and ways to work with and upgrade equipment. Saving Money The less times you need to pay someone to repair your equipment, the less money you will need to spend on replacements. Replacing a few bolts throughout the year is much cheaper than needing to purchase an entire replacement system. Keep up on your existing equipment often to avoid these financial issues. Minimized System Downtime Placing more time into fixing the minor problems will save you time that it would take to replace a whole new system, therefore keeping the downtime of the maintenance to a minimum. Also, by doing this, it will keep your residents happy when they don’t have to wait for the heating system to turn back on; or their hot water to start working again. Tracking Conditions By having a technician constantly test and inspect equipment around your property, they will begin to form a list of inventory and dates in which they review systems. This will give you a clear picture as to when each piece of equipment was last checked, fixed, replaced, etc. Having this information will make decision making easier when it comes to choosing whether or not something needs fixing. Stay ahead on preventative maintenance with your property’s equipment and systems by checking on these systems on a regular basis. It’s just like patching up a cut before it turns into an infection. It’s important to take care of smaller issues and damages before they turn into bigger problems.