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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I got into a lot of trouble as a young field engineer by telling my boss that cost overruns were not a problem. I told him that the real problem lay in the way we built our work and that cost overruns were a symptom of the fact that something was not going well. My job was to find and fix the cause…
How do you reconcile actual costs with what is actually charged to the construction project? Relationships between construction operations and the equipment-management team are often strained. Operations see the equipment they use as a means to an end—as a way to build the job safely, on budget,…
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It seems to me that there are fewer equipment managers today than there were 10 years ago. I’m pretty sure of it, and if you’re an equipment manager, that should concern you. So why is that? Is your job at risk?

Since most construction-company presidents and owners come out of the…

Everybody has been downsizing and holding on to their old iron. Business conditions have been brutal and it certainly has not been fun bidding work, winning work and building work in an industry that seems to have lost sight of the balance between risk and reward.

More and more folk are…

As a general rule for most construction equipment, one-third of your total owning and operating (O&O) costs is your depreciation, one-third of your O&O costs is repair and maintenance related, and one-third is fuel related. I suspect you intuitively agree with this. I am amazed, then,…

Since you are reading this article, my guess is that you are an equipment-owning manager who is open to new ideas.

You probably have a dealer product-support rep who regularly measures your crawler undercarriage. You probably have some kind of oil analysis program that looks at your…

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,…

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