Successful project management commences with suitable equipment selection. This involves, choosing the tool that correlates with conditions, and provides the smallest total cost. The Lowest total cost is a mixture of maximum production, lowest operational rate, and lowest outlay. Obtaining apparatus based exclusively on purchase price or production, rarely results in lowest total cost.

A new machine must also be assessed, with regards to, simplicity of preservation, to guarantee that service downtime will not diminish accessible time for productive use. Technical things to consider are the number of grease fixtures and sealed bearings, the position of filters, and replacement of cutting edges and other wear objects. What is paramount is the ability to take out a major part and replace it with a new or rebuilt part, so the instrument can maintain operation with least amount of downtime.

Here is where the debate about rental v purchase comes to play. Renting machinery can be very beneficially, with regards to time and money, but the rental time must be stated in advance. Renting equipment also permits appraisal of different manufacturers. If, in the value examination, two or more manufacturers score closely, short-term rental will agree to first-hand appraisal of production and institute definite process costs. This data is valuable in later acquisition of equipment.

If the verdict is to purchase, there is then a choice between new and used equipment. The benefit of purchasing used equipment is, minor early investment, and consequently, a lower hourly depreciation for the new owner, because new equipment depreciates quickly on the first few thousand hours of function. However, with used equipment more maintenance could be necessary and further downtime should be accepted. Used equipment may also become outdated quickly because of important upgrades.

To get the most out of the project, equipment must be correctly operated by keeping it on the job and taking out abuse and mishandling. Appropriate service and maintenance keeps equipment working at top effectiveness; so service and maintenance should not be overlooked.

Management of equipment could mean the distinction between profit and loss. In the future, as equipment is ever evolving and mechanics become scarce, machinery management will have an increasing effect on the outcome of projects.

Nick Singh runs a website committed to serving customers in providing the best Powered Access Platforms in the UK. For any sized project, for hire or purchase, go to http://www.platform-rentals.co.uk.

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