In your company, inspections and repair work requiring the shutdown of an entire asset is performed at regular intervals. These tasks must be planned and monitored in the form of projects. For this reason, you require an understanding of project-oriented plant maintenance.

Projects are tasks limited to a certain field, scope, and time frame. Several departments usually contribute to the project development. The tasks to be carried out represent, in most cases, an innovation and can involve risks for the company.
You can use projects to prepare, control, monitor, and evaluate comprehensive plans. The functions range from the logistics area (scheduling, materials, work centers, and so on) to the accounting area (budgeting, assigning cost centers, updating general ledger (G/L) accounts), and so on.
In the PM area, projects are used in the following cases:
- Shutdowns
- Overhauls and major maintenance tasks
- Modifications
- Major repairs
- Investments