dc.description.abstract | This research report investigates whether a need exists for realistic maintenance
budgets that are aligned with market reality, providing the business with a competitive
advantage. To achieve this, a theoretical model has been developed to define the need
for and the substance of a realistic maintenance budget.
Subsequently, this issue was investigated in the South African coal mining sector, as
this sector is positioned in such a manner that the implementation and use of such a
model can and should have a major impact on business competitiveness. The
investigation took the form of data collection through means of an e-mailed
questionnaire.
The data collected by means of the questionnaires were presented as findings, which
also highlighted some important issues. These issues are discussed individually.
The research report concludes that a need for having a realistic maintenance budget
that is aligned with market reality, giving the business a competitive advantage, does
exist within the South African coal mining sector.
Finally, the integrated theoretical budgeting model, which was developed to assist the
maintenance practitioner in compiling a realistic maintenance budget, which is aligned
with the current market reality, will give any colliery (and for that matter any business) a
competitive advantage when applied.
The research report ends with a proposed list of possible research opportunities that
can be conducted as follow up studies to the research presented in this research report. | |