• Executive Insight

    The management of a fleet of construction equipment requires more than purchase planning. The Executive Institute offers a collection of articles written by experts in asset management. Topics are broken into five categories: equipment costs, equipment operations, fleet reliability, fleet replacement, and fleet utilization.

    The best in asset management for the construction equipment professional is presented by:

    Mike Vorster, C.E.M.P. Central

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    Craig Gramlich, CEM, Lonewolf Consulting

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    Mike Brennan, CEM, CDMB Consultants

    Equipment Costs

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    In single-rate systems, the risk of utilization resides in the equipment account.
    119155668 © Ilkin Guliyev | Dreamstime.com
    Understand that costs are a symptom of what is going on in the field and that the equipment manager's job is to be proactive and attack the causes.
    Interview
    ID 6472277 © Paulus Rusyanto | Dreamstime.com
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    Mike Vorster
    Example of cumulative and marginal costs.
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    Construction equipment costs
    Lonewolf Consulting
    Rent or Own a Skid Steer Loader?

    Equipment Operations

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    alignment in marching
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    Construction is an extremely varied industry, which makes it extremely difficult to define and calculate benchmarks,
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    Mike Brennan, CEM
    Ways to Integrate AI into Specification Development