PEMAC Program Module 4: Financial Management for the Maintenance Manager

Module 4: This module focuses on the application of accounting and finance principles as it pertains to the maintenance management role. The module will give you an understanding of the foundation principles of accounting and cover the four main pillars of accounting knowledge the maintenance manager needs to suppor t a successful maintenance depar tment. These four main pillars are: Project Analysis, Budgeting/ Forecasting, Cost Analysis for Managerial Decisions, and MRO Inventory. Basic understanding of accounting principles, Understanding how costs flow in an enterprise system, Project analysis, Budgeting/forecasting, Cost analysis for management decisions, MRO inventory management.