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April 24, 2007   Study Shows 90% of Preventive Maintenance (PM) Programs Fall Short

“Ounce of prevention” could cure future maintenance headaches

Wilsonville, OR—April 24, 2007—A preventive maintenance (PM) benchmark study conducted across multiple industries, found that over half of the facilities managers rated their current PM program insufficient in reducing costs and extending the life of equipment and assets, while another 37% ranked their current program less than optimal.

In an effort to promote best practices within facilities maintenance, Corrigo, a leading provider of on-demand maintenance management software, surveyed over 140 facilities managers across the real estate, retail, field services, restaurant, government and education industries.  While respondents stated that reducing operating costs and controlling spend were top goals, less than 10% felt that their PM program was optimal. 

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