ABSTRACT

Engineering utilities are confronted with myriad of challenges that include aging infrastructure, high failure rate etc. To enhance expectation of reliability, reduce cost and coping effectively with uncertainties, it is very crucial to optimize maintenance performance with respect to cost and schedule. The methodology focuses on failure rate of one of the most important equipment within Akwa Ibom International Airport, development of maintenance strategy to reduce these failures and reduce their likelihood of occurrence. Maintenance-Cost-Schedule-Variance Model developed as an important tool to analyze the performance of maintenance activities. This model measures the maintenance performance progress and helped in identifying the critical activities thereby, bringing the maintenance activities on schedule within budget. This thesis shows the Maintenance-Cost-Schedule-Variance application on a real time maintenance project at Akwa Ibom International Airport. It helped in identifying the critical areas, forecast and predict the future performance of maintenance by the use of statistical techniques. It can provide an important contribution in cost management of a maintenance project as it inspires the management team to pay more attention to cost, schedule and progress with more intensity and optimizes the maintenance programme