2. It is an integrated approach to cost control
and
encompasses
all the cost
elements
starting from design, development of a
product up to its final disposal.
3.
Plant Design
Manufacture of the plant and equipment
Installation
Commissioning
Maintenance
Repairs
Replacement
Plant Removal
Disposal
4.
Minimize total cost.
Extend the useful life of the plant and
Equipment.
Assure optimum availability of the installed
equipment.
5.
Better maintenance and higher reliability of plant and
equipment.
Lower costs of maintenance and repair.
Lesser breakdowns.
Higher quality and better efficiency of operations.
Better Image of the company among its customers.
Better communication between suppliers, producers
and customers.
