Construction Equipment Executive Institute

Learn the fundamentals of fleet management from our collection of articles and videos. The best in asset management for the construction equipment professional.

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Equipment managers have commenced planning for 2021 as business activity slows and their organizations close out 2020. Most will find that the pandemic upended their organizations to significantly alter, or in some cases completely abandon, their strategic business plans. They developed and…
Field services support a fleet’s ability to keep equipment on location and productive throughout the project duration. On-site services such as fueling, lubrication, cleaning, scheduled preventive maintenance (PM), unscheduled diagnostics, and repairs are vital to maximize equipment productivity…
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We've all heard various "Rules of Thumb." These are little one liners that intuitively sum up whole textbooks of knowledge. Below are several equipment-related rules of thumb worth passing on along with some comments:

When the total of the equipment repair costs equal the purchase price,…

If you manage equipment, no matter what your company title, you have metrics that you consider the most important. My top three are utilization, downtime and cost per hour. For the most part, I don't care how you define them or measure them; as long as you stay with whatever method you choose.…

Every now and then, you must be controversial and address a subject where your beliefs run counter to common practice. Overhead and overhead-cost recovery is one of these subjects.

The controversy has its roots in the difference between a dealer's shop and a contractor's shop. These are…

This sample equipment account will help analyze the variables within the overall account.

Mike Vorster David H. Burrows Professor of Construction Engineering and Management at Virginia Tech. See ConstructionEquipment.com for full archives of “…

A balance sheet is one of two standardized financial reports produced on a regular basis. It provides information used by professionals in the financial community to analyze company performance and see how the company uses its available financial resources. Equipment plays an important part in…

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