10 ways PdM improves ROI: Examples of cost-benefit analysis for condition monitoring

Engineers see the value of predictive maintenance (PdM), but unfortunately there’s no line on the spreadsheet for it. The difficulty of demonstrating return on investment (ROI) is one of the top barriers to success identified by plant engineers and middle management who understand a PdM program’s effect on the bottom line.

Proving the cost-effectiveness of vibration monitoring, lubrication oil analysis and thermography is an important step toward gaining the support of C-level executives for condition-monitoring applications. The key lies in identifying the items that boost the bottom line as a result of MRO programs.