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Equipment management is a huge cost saver for construction companies. The ability to extend the life of both heavy and light machinery and vehicles can make a big difference, affecting everything from cash on hand to available resources that will allow companies to take on additional projects.

In order to get the most out of your equipment, it is essential to manage it properly by:

Tracking Your Equipment

Having a solid piece of construction software can help with equipment management as it will allow you to keep track of your equipment at all times.

When equipment is tracked, you are better able to allocate resources to jobs that need them. It also allow you to decrease the chances of theft and misuse. When construction managers know who is utilizing what pieces of equipment and where they are using them at all times, it allows for better management, control over operations, and sharing of equipment across job sites.

Monitoring Run Time

Tracking your equipment also allows you to monitor how long machines have been running for. This will allow you to better stay on top of required maintenance. Tracking run times can deliver you total time that engines have been running on a daily, weekly and monthly basis.

Reducing Idle Times

Wear and tear on machines it heavily increased if they idle for long periods of time. When not in use, machines should be turned off and stored properly in order to decrease the strain that is put on the engine and other parts of the equipment.

Planning Scheduled Maintenance

This will reduce equipment downtime by allowing maintenance professionals to schedule times that the equipment will be worked on. When they know the amount of time they have to work with, they can get the job done more quickly.

Scheduling maintenance also allows you to reduce the probability of equipment failing while on the job site. This equates to even greater maintenance times when you factor in transportation to and from the site as well as problem diagnosis. This will also help you keep your construction project moving along with fewer abrupt interruptions.

Properly Training and Retraining

Training is essential, but retraining down the line is even more important. Over time, workers tend to forget the proper way to handle machinery, and often cut corners in order to save themselves time on the job site. Taking some time to go over proper procedure will cut down on accidental damage to equipment and reduce the costs necessary to fix them.