OPTIMIZATION IMPLEMENTATION PLAN -CONTINUE 1

The implementation plan should also include a set of measures that can be utilized to evaluate the effectiveness of the program in concert with the established goals.The features of the program is a key to success.This evaluation is necessary because management personnel sometimes change and new managers often need justification for all the activities under their responsibility. A periodic program review should be conducted after six months and then at least on an annual basis.This periodic effectiveness review provides management with the information necessary to ensure the continuation of monitory activities (Digiovanni, 2003).Example of typical metrics are  improvement:
---Cost benefit analysis
---O&M reduction and avoided production losses
---Saving from reduced preventive maintenance tasks.
---Cost per work order
---Emergency maintenance orders on critical equipment.
---Individual component maintenance cost
---Equipment availability.
---Overtime (OT) hours reduced.
---Unplanned outages.
It is important that the metrics chosen support and give evidence to the goals that have been established.There is a wide assortment of metrics that may be used, but it is important to ensure that they are meaningful since they provides the economic justification for the program.