Developing Performance Indicators for Managing Maintenance is designed to provide the key details that go over the measurement and improvement of one of the most important functions of today’s organizations: equipment or asset maintenance management. As one of only a handful of comprehensive performance indicator collections for managing maintenance in the print world today, this valuable text is distinguished by its use of methods which are based on a variety of management measurement systems. An example of these systems is illustrated by this book’s use of the Balanced Scorecard approach. While the previous edition primarily concentrated on the general indicators for managing maintenance and how to link them to a company’s finances, this new second edition goes beyond by addressing up to date advancements in maintenance management. This text is an invaluable tool for any company that wants to successfully measure and manage the complete spectrum of maintenance activities in order to help attain competitive advantage. Such companies view maintenance as a way to reduce costs of producing their product or providing their services and are intent on using this cost advantage to lower prices, develop profit margins, and enhance shareholder value.