Search the courses, subjects, tracks, games and features, or jump straight to a page.
4 cards from this section. Quick, good the night before a test.
What does life-cycle cost savings refer to?
Think about costs associated over time.
Why is predictive maintenance important?
Consider cost implications of delaying maintenance.
What are life-cycle cost savings primarily concerned with?
Consider what affects costs over the lifespan of a project.
True or False: Predictive maintenance can lead to higher overall costs in the long run.
Think about the goal of predictive preventative actions.
Calculate the estimated savings for a bridge that had a predictive maintenance program, reducing emergency repairs from $500,000 to $100,000 annually, estimating a lifecycle of 30 years.
Consider the amount saved every year multiplied over the suggested lifespan.
Evaluate how the use of drones might change the maintenance strategy of a large building, focusing on cost reduction strategies and long-term sustainability.
Think about efficiency in inspections and the resultant investment in technology.
4 more questions in this section. Enroll free to practise them all.
Enroll free