Proceedings of the 8th International Conference on Advanced Research in Business, Management and Economics
Year: 2024
DOI:
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Economic Optimization and Management of Machinery Costs in The Construction Business Model
Dr. Carlos Enrique López Zamudio , Dr. Fabiola Colmenero Fonseca
ABSTRACT:
In a construction business model, economic optimization and the management of machinery costs play a fundamental role. It is important to find efficient strategies to maximize resources and minimize costs. In this article, we will explore different approaches and practices that can help improve profitability in this sector. Cost analysis is essential for economic optimization in construction and with it the importance of evaluating the cost of acquisition, maintenance, and depreciation of machinery. In addition, operational costs must be considered, such as fuel consumption, which typically has the greatest impact on costs. Managing machinery expenses starts with the proper selection of equipment. It is essential to assess the needs of the project and look for machinery that fits the specific requirements, considering aspects such as capacity, energy efficiency and useful life of the equipment will help avoid unnecessary investments and optimize available resources. Preventative maintenance is key to avoiding costly downtime and repairs. Establishing a regular maintenance plan, including regular checks, lubrication, and cleaning, will help extend the life of your machinery and reduce unforeseen expenses. In addition, the use of expense control, monitoring, and diagnostic technologies can help detect problems before they become major failures. This means properly planning working times, avoiding downtime, and minimizing unnecessary transfers. Likewise, the training and qualification of personnel in the efficient handling of the equipment will contribute to optimizing its performance and avoiding costly damage. Economic optimization and management of machinery costs are fundamental to the success of the construction business model.
keywords: Preventive maintenance, costs, economic optimization, monitoring technologies, periodic reviews