Asset Management

Maintenance Strategy

A maintenance strategy is the selected combination of preventive, condition-based, predictive, corrective, and run-to-failure actions used to manage asset risk.

What this term means in maintenance

A maintenance strategy is the selected combination of preventive, condition-based, predictive, corrective, and run-to-failure actions used to manage asset risk.

Common maintenance strategies

An asset may use:

  • Time-based maintenance
  • Meter-based maintenance
  • Condition-based maintenance
  • Predictive maintenance
  • Failure-finding
  • Planned corrective work
  • Run-to-failure
  • Redesign
  • Standby or redundancy

Practical example

A critical pump uses vibration monitoring, monthly inspection, meter-based lubrication, critical spares, and root cause analysis after significant failure.

How strategy is selected

Selection should consider:

  • Required function
  • Failure modes
  • Consequences
  • Detectability
  • Asset criticality
  • Operating context
  • Cost
  • Available technology
  • Regulatory requirements

Strategy review

Strategies should change when equipment duty, failure history, design, or business needs change.

Common mistake

Choosing one strategy for an entire asset without considering different failure modes can leave risks uncontrolled.

Keep exploring connected CMMS, reliability, and maintenance planning terms.

Glossary FAQs

What is a maintenance strategy?

The selected combination of actions used to manage asset failure risk.

Can one asset use several strategies?

Yes. Different failure modes may require different maintenance approaches.

When should strategy be reviewed?

When duty, history, design, risk, business need, or technology changes.

Turn Maintenance Definitions Into Action

MaintBoard helps plant and facility teams move from scattered maintenance records to organized work orders, preventive maintenance schedules, spare parts control, inspections, calibration, and audit-ready history.