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FREE RESOURCE · COMPANION TO BOOK 6

The KPI Cheat Sheet

Twelve maintenance and reliability KPIs every industrial site should track — with formulae, healthy ranges, and the trap to avoid for each one.

This is a free extract from the Engineering KPIs Reference Guide. It covers the twelve KPIs we believe every industrial maintenance organisation should be tracking — beyond the headline PM compliance number that most plants report.

For the full reference (35+ KPIs, role-by-role guidance, world-class benchmarks, and the data architecture that makes them work), see the KPI Reference Guide.

Reactive vs Planned

1. Reactive Ratio

PM01 hours ÷ Total maintenance hours × 100%

The single most-quoted maturity indicator. Below 30% suggests Stage 3+. Above 60% means you're in Stage 1.

World-class: <15% · Stage 3 target: 25–40% · Watch out: misclassified work orders can fake this number.

2. Planned vs Scheduled Ratio

Planned work hours ÷ Scheduled work hours × 100%

How much of next week's work is genuinely planned (with parts, instructions, time estimates) vs. just listed.

World-class: >90% · Watch out: counting reactive work as "planned" because it has a work order number.

PM Effectiveness

3. PM Compliance — by Criticality Class

PM03 completed on time ÷ PM03 scheduled — split by Class A, B, C

Always disaggregate. The headline plant number hides the truth. See: Why your PM compliance number lies.

Class A target: >95% · Class B target: >90% · Class C: >85%.

4. PM Schedule Adherence

PMs executed on the scheduled date ÷ PMs scheduled × 100%

Stricter than compliance. Catches the "TECO it before it goes red" gaming behaviour.

World-class: >85% · Watch out: this requires a CMMS that records actual execution date, not just due date.

5. PM Effectiveness Ratio (PMR)

PMs that found a defect or triggered CBM follow-up ÷ Total PMs × 100%

The most under-used KPI in maintenance. Tells you whether your PM tactics are catching the right things.

Healthy: 15–25% · Below 5%: over-maintaining · Above 40%: degradation outpacing PM frequency.

Reliability Outcomes

6. MTBF (Mean Time Between Failures)

Total operating hours ÷ Number of failures (per asset)

Measure for individual Class A assets, not plant-wide. Use as a leading indicator of tactic effectiveness.

Track per asset · trend matters more than absolute value.

7. MTTR (Mean Time To Repair)

Total repair hours ÷ Number of repairs

A pure execution metric. Trend it down by improving spares availability, planning quality, and artisan skill.

Watch out: MTTR can drop because failures are getting smaller, not because repair is faster. Always pair with MTBF.

8. Overall Equipment Effectiveness (OEE)

Availability × Performance × Quality

For production assets. Always show all three components separately — the headline number hides which one is broken.

World-class: >85% · Industry average: 60% · Always disaggregate.

Work Management Health

9. Backlog Age

Average age of all open work orders (in weeks)

Not just total backlog — age of backlog. Old work orders never get done; they just hide the real problem.

Healthy: 3–5 weeks · Aging discipline: <5% over 12 weeks old.

10. Wrench Time

Hours actually turning a wrench ÷ Total artisan paid hours × 100%

The honesty metric. Most plants think they're at 50%. Stopwatch studies usually find 25–35%.

Stage 3: 35–45% · Stage 4: >50% · World-class: >60%.

Defect Elimination

11. Defect Density Trend

Defects identified ÷ Work orders completed (12-month rolling)

If your PMs and DE program are working, this trends down over time.

Trend direction matters more than absolute number.

12. Re-occurrence Rate

Defects that recurred within 12 months of "solved" ÷ Total defects solved × 100%

The acid test of whether your DE program actually eliminates defects or just temporarily suppresses them.

Acceptable: <15% · Stage 4: <10% · World-class: <5%.

Want the full reference?

The Engineering KPIs Reference Guide covers 35+ KPIs with role-by-role guidance, world-class benchmarks, and the data architecture that makes them work.

See the KPI Reference Guide →
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