At the first stage of the maintenance life cycle, building managers take observations of the current conditions of resources and equipment. They can also verify the resources needed to move forward with the replacement of an asset. The purpose of this phase is to ensure that the asset is fully functioning and operating optimally until it reaches the end of its useful life. All maintenance activities are performed and tracked during this phase, which helps in decision making at all stages of the asset's life.
For example, Matt is a project manager assigned to deliver a software application to an insurance company. After his team completes the coding and implementation phases of the Software Development Life Cycle (SDLC), they deploy the product at the insurance company. Once it's up and running, Matt's team meets with the insurance company to provide instructions for maintaining and maintaining the software. The maintenance phase of the SDLC occurs after the product is fully operational.
It includes updates, repairs, and corrections to the software in case of a break. This phase also allows people to check the performance of the software after its release to see if everything is working properly. Perfect maintenance includes modifications and updates made to keep the software usable for a long period of time. It also includes new features, new user requirements to refine the software and improve its reliability and performance.
Standard Operating Procedures (Updated) defines in detail how the Operations & Maintenance (O&M) team will perform business processes related to system operations and maintenance. The type of maintenance completed and its schedule should be determined based on asset performance information, monitoring information, and asset risk. The changes are implemented in the software system following a software maintenance process, which is known as the software maintenance lifecycle (SMLC). A study found that the cost of maintenance can be as high as 67% of the cost of the entire software process cycle.
When maintenance is not completed as scheduled or no longer allows an asset to meet its required service level, additional and more costly efforts may be required. Proper asset maintenance and investment in proactive maintenance for higher-risk assets allow a system to spend its limited maintenance money as efficiently as possible.