maintenance-budgeting

Vocabulary Word

Definition

In simple terms, 'maintenance-budgeting' is planning and setting aside money to keep things in good working order, like cars or computers. Imagine setting a budget to keep your computer updated and running smoothly.

Examples in Different Contexts

In manufacturing, 'maintenance budgeting' is critical for machinery and equipment care. A plant manager might explain, 'Proper maintenance budgeting helps prevent unexpected downtime and extends the life of our equipment.'

Practice Scenarios

Tech

Scenario:

Our software is getting frequent system errors. This could affect user experience significantly.

Response:

Agreed. We should allocate more to maintenance budgeting for software updates and fixes, improving the overall user experience.

Business

Scenario:

We've had multiple machine breakdowns recently in the manufacturing unit. This is affecting our production output.

Response:

It's high time we review and increase our maintenance budgeting for the manufacturing unit. This will ensure smoother operations and better output.