What is maintenance? Definition and examples - Market Business News (2024)

What is maintenance? Definition and examples - Market Business News (1)

Maintenance is the process of maintaining something or somebody. It may mean the state of being maintained. The term also refers to looking after somebody financially, i.e., the provision of financial support for a person and specifically, providing them with living expenses.

In business and everyday life, the term Maintenance Expenses refers to the amount of money one spends keeping something in good working order or good condition.

Cambridge Dictionarydefines maintenance as “the work needed to keep a road, building, machine, etc. in good condition.”

Ongoing maintenance expenses when owning a car

What is maintenance? Definition and examples - Market Business News (2)

When considering, for example, what car to buy, we should not only focus on its sale price. We should also take into account its ongoing maintenance expenses.

Don’t opt for leasing a car because you assume that you don’t have to pay for maintenance. Your assumption might be wrong. In most car leasing contracts, the leaseholder also must pay to keep the vehicle in working condition.

Sometimes, it is more costly to buy your own home than to rent one. The main reason is the cost of maintaining the property in good condition.

Four types of maintenance

There are four main types of maintenance.

  • Preventive maintenance (PM)

PM involves periodically inspecting, for example, a factory’s machinery, and fixing small problems before they develop into major ones.

What is maintenance? Definition and examples - Market Business News (3)

The main aim in PM is for the machine, device, or equipment to make it from one scheduled service to the next without any major failures. Specifically, failures that neglect, fatigue, or normal wear might cause.

  • Scheduled maintenance (SM)

SM is a scheduled service that a competent individual carries out to make sure that something is operating correctly. With regular SMs, equipment is less likely to break down unexpectedly. SM is pre-planned.

When you buy a new car, the seller will tell you when to bring it in for a service. This is an example of SM. If you don’t take your car for its scheduled services, its depreciation will accelerate, i.e., its value will decline more quickly.

  • Predictive replacement (PR)

PR refers to the replacement of something that is still working. In most cases, there are tax benefits.

According to Wikipedia:

Usually it’s a tax-benefit based replacement policy whereby expensive equipment or batches of individually inexpensive supply items are removed and donated on a predicted/fixed shelf life schedule. These items are given to tax-exempt institutions.”

  • Condition-based maintenance (CBM)

CBM refers to carrying out maintenance when the need arises. In most cases, people opt for CBM when one or more indicators show that a device is going to fail.

When the performance of something in, for example, a factory, is deteriorating, the factory manager may opt for CBM.

Wikipedia says that CBM “was introduced to try to maintain the correct equipment at the right time. CBM is based on using real-time data to prioritize and optimize maintenance resources.”

Etymology of maintenance

Etymology is the study of the origin of words and how their meanings and structures evolved.

The term maintenance appeared in the English language in the mid-fourteenth century. At the time, it meant “wrongful interference in others’ lawsuits by a lord or his followers.”

It came from the Old French word maintenance, which meant “upkeep, shelter, protection.”

The word has meant “financial provision or support” since the late fourteenth century.

It wasn’t until early in the fifteenth century that the word also meant “action of upholding or keeping in good order.”

MRO Items (maintenance, repair, operations items) are materials and products that companies buy for maintenance, carrying out repairs, and making things. However, MRO items do not end up as part of a finished product. A welder uses gloves and a mask when making a metal table frame. However, the mask and gloves are not part of the table frame. Therefore, they are MRO items.

“Maintenance,” a derivative of “maintain”

From the English root word “maintain,” there are many derivatives. Let’s have a look at them, understand their meanings, and see how they can be used in a sentence:

  • Maintain (verb)

To keep in an existing state or preserve from failure or decline.
Example: “It’s important to maintain your car regularly to avoid breakdowns.”

  • Maintaining (present participle) (verb)

The act of carrying out maintenance.
Example: “She is maintaining a steady pace to complete the marathon.”

  • Maintained (past participle) (verb)

Kept in good condition.
Example: “The park is well-maintained by the local community.”

  • Maintenance (noun)

The act of maintaining or the state of being maintained.
Example: “Regular maintenance is crucial for the longevity of the machinery.”

  • Maintainer (noun)

A person who maintains something.
Example: “As the maintainer of the website, he ensures all links work correctly.”

  • Nonmaintenance (noun)

Lack of maintenance.
Example: “The equipment’s failure was due to nonmaintenance.”

  • Maintenancer (noun)

A person who performs maintenance tasks. (Note: Non-standard usage)
Example: “The building’s maintenancer was quick to fix the issue with the heating system.”

“Maintenancer” is not a standard English word, and a more commonly accepted term would be “maintenance worker” or “maintenance technician.”
Example: “The maintenance worker promptly addressed the electrical faults that were reported.”

  • Maintainability (noun)

The quality of being maintainable.
Example: “The maintainability of this software makes it a favorite among developers.”

  • Maintainable (adjective)

Able to be maintained.
Example: “The software is user-friendly and easily maintainable by the IT team.”

  • Unmaintained (adjective)

Not maintained; neglected.
Example: “The unmaintained building quickly fell into disrepair.”

  • Maintenance-free (adjective)

Not requiring maintenance.
Example: “They installed a maintenance-free battery in the vehicle.”

  • Self-maintained (adjective)

Maintained by oneself or itself without external help.
Example: “The self-maintained garden uses a clever irrigation system.”

Video – What is Maintenance

This video presentation, from our sister channel on YouTube – Marketing Business Network, explains what ‘Maintenance’ means using simple and easy-to-understand language and examples.

What is maintenance? Definition and examples - Market Business News (2024)

FAQs

What is an example of maintenance in a business? ›

Routine maintenance, also referred to as preventive maintenance, is implemented on a fixed schedule and typically includes activities such as inspecting, cleaning, washing, replacing, and checking. It is typically performed in the downtime between shifts or on weekends to avoid affecting productivity goals.

What is the definition of maintenance? ›

1. : the act of maintaining something or someone: such as. a : the act of keeping property or equipment in good condition by making repairs, correcting problems, etc. The building has suffered from years of poor maintenance. the costs of routine car maintenance.

What is business maintenance? ›

Maintenance is a proactive approach that involves performing scheduled checks and tasks to keep equipment and systems running smoothly. It aims to prevent potential problems before they occur, promoting efficiency and longevity of the company's assets.

What are the three types of maintenance and examples? ›

Preventive maintenance – includes regular and periodic (time-based) schedules. Corrective maintenance – occurs when an issue is noticed. Predetermined maintenance – follows a factory schedule. Condition-based maintenance – occurs when a situation or condition indicates maintenance is needed.

What is an example of maintenance? ›

Examples of Preventive Maintenance

The most well-known acts of preventive maintenance often involve performing inspections, clearing equipment, parts, and workspaces, replacing broken or worn-out items, and repairing them if needed.

What is the meaning of maintenance in marketing? ›

marketing activity intended to maintain the current sales level in a highly competitive situation.

What is maintenance and type of maintenance with an example? ›

In general, it refers to the processes required to take care of machines in the industry. There are four main types: corrective maintenance, preventive maintenance, predictive maintenance, and proactive maintenance. Without knowing about these in detail, challenges can arise.

What is maintenance in industry? ›

Industrial maintenance, also called plant maintenance, is the process of implementing processes to reduce breakdowns, increase uptime, and promote overall reliability. In other words, maintenance is the general process of ensuring that assets are kept in good working condition.

What is maintenance management in simple words? ›

Maintenance management is the process of maintaining a company's assets and resources. The purpose is to ensure that production proceeds efficiently and that resources are used effectively. Maintenance management is one of those aspects of managing a company that is usually not explored in depth.

What is the main purpose of maintenance? ›

Purpose of Maintenance

The main purpose of regular maintenance is to ensure that all equipment required for production is operating at 100% efficiency at all times.

What is maintenance and repair in business? ›

Put simply, repairs are done after downtime to minimize losses, while maintenance is done to prevent unexpected asset downtime. Both repair and maintenance have the same end goal: to enable you to get the most out of your assets.

What is a maintenance cost for a business? ›

Maintenance costs are the costs associated with keeping a business running. These include the physical parts of your business and all the people and systems that keep it running.

What are the two major types of maintenance? ›

Most types of maintenance fall under two main categories: preventive and corrective.

What is the most common type of maintenance? ›

1. Preventive Maintenance. Preventive maintenance is aimed at catching and fixing problems before they happen. It is most commonly carried out in the form of regular inspections, usually occurring multiple times per year.

Which maintenance is most effective? ›

Predictive maintenance

It is first to predict when equipment failure might occur, and secondly, to prevent the occurrence of the failure by performing maintenance. Monitoring for future failure allows maintenance to be planned before the failure occurs.

What are the 7 types of maintenance? ›

What Are The Different Types of Maintenance?
  • Preventive Maintenance. Preventive maintenance, or PM, refers to the regular upkeep of equipment while it's still functional. ...
  • Reactive Maintenance. ...
  • Corrective Maintenance. ...
  • Condition-Based Maintenance. ...
  • Predictive Maintenance. ...
  • Routine Maintenance. ...
  • Prescriptive Maintenance.

What is an example of maintenance and operations? ›

Operations and maintenance usually includes tasks to maintain equipment before significant issues arise, such as inspections, cleaning, minor part replacement, lubrication, and fluid monitoring.

What is an example of a maintenance expense? ›

Maintenance expenses are costs incurred when performing routine actions to keep an asset in its original condition. Examples of maintenance costs include simple electrical repairs, bulb replacement, paint touch-ups, pool cleaning, lawn care, etc.

What is an example of care and maintenance? ›

the process of keeping something in good condition even if it is not being used: The board decided to put the mine on care and maintenance while they reorganize the company. The factory has been on a care and maintenance basis since it stopped producing five years ago.

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