Calculator
Maintenance Cost Calculator
Compare the cost of planned preventative inspection against the expected cost of unplanned failure.
Compare a planned inspection program against the likely cost of an unplanned failure to see the value of preventative inspection.
Inputs
Results
Expected annual cost (no inspection)$18,000
Expected annual cost (with inspection)$11,600
Estimated annual saving$6,400
Important Notes
- A simplified expected-cost model for illustration; it assumes the inputs are comparable annual probabilities and costs.
- It does not model safety consequences, downtime distributions, indirect loss, inspection effectiveness or correlated failures.
- Use asset-specific risk data and a documented risk assessment for decisions.
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