14DEC
14 - 18 Dec 2026Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Professional training course · ME-028
Maintenance Cost Management and Budgeting
Maintenance is a major operating cost, yet many organisations struggle to control it or link spending to reliability outcomes. Effective cost management balances cost…
- 5 daysClassroom
- 13Upcoming dates
- 7Cities
- £2,840Fees from
Course overview
Why Attend
Maintenance is a major operating cost, yet many organisations struggle to control it or link spending to reliability outcomes. Effective cost management balances cost, risk and performance.
This LLMI course covers maintenance cost structures, budgeting methods, cost tracking in the CMMS, life cycle costing, cost reduction opportunities, contractor and spare parts costs, KPIs and presenting maintenance budgets. Participants build a maintenance budget and cost improvement plan.
Course Objectives
Understand maintenance cost structures
Prepare maintenance budgets
Track and analyse maintenance costs
Apply life cycle costing
Identify cost reduction opportunities
Report maintenance costs and value
Target Audience
Maintenance managers
Maintenance planners
Reliability engineers
Finance business partners
Plant managers
Asset managers
Course Methodology
Financial exercises
Budget workshop
Case studies
Cost analysis
Group discussions
Course outline
-
1Day 1: Maintenance Costs
- Cost categories
- Direct and indirect costs
- Benchmarks
- Value of maintenance
- Exercise: Cost baseline
-
2Day 2: Budgeting
- Budget methods
- Zero-based maintenance budgets
- Shutdown budgets
- Capital versus operating
- Workshop: Maintenance budget
-
3Day 3: Cost Tracking
- CMMS cost data
- Work order costing
- Variance analysis
- Reporting
- Lab: Cost analysis
-
4Day 4: Cost Reduction
- Strategy optimisation
- Spares and contractors
- Energy
- Life cycle costing
- Case study: Cost reduction
-
5Day 5: Reporting Value
- KPIs
- Presenting budgets
- Business cases
- Continuous improvement
- Capstone: Cost improvement plan
Schedule
Dates and fees
13 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted.
December 2026
BarcelonaSpain · Classroom
January 2027
18JAN
18 - 22 Jan 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
February 2027
15FEB
15 - 19 Feb 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
March 2027
15MAR
15 - 19 Mar 2027Mon to Fri · 5 days
ViennaAustria · Classroom
£4,250per delegate2+ people: £3,400 each
April 2027
19APR
19 - 23 Apr 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
May 2027
17MAY
17 - 21 May 2027Mon to Fri · 5 days
ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
June 2027
21JUN
21 - 25 Jun 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
July 2027
19JUL
19 - 23 Jul 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
August 2027
16AUG
16 - 20 Aug 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
September 2027
20SEP
20 - 24 Sep 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
October 2027
18OCT
18 - 22 Oct 2027Mon to Fri · 5 days
Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
November 2027
15NOV
15 - 19 Nov 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
December 2027
20DEC
20 - 24 Dec 2027Mon to Fri · 5 days
ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Questions
Frequently asked questions
How long is the Maintenance Cost Management and Budgeting course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Maintenance Cost Management and Budgeting course?
The next public date is 14 - 18 Dec 2026 in Barcelona. There are 13 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Barcelona, London, Istanbul, Vienna, Paris, Frankfurt, Cape Town.
How much does the course cost?
Fees start from £2,840 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
Related
More Maintenance and Engineering courses
AC Electrical Motors and Drives
Next: 4 - 8 Jan 2027 · Amsterdam
Amsterdam, Cape Town, Barcelona +6 more
Advanced Maintenance for Engineering Managers
Next: 16 - 20 Nov 2026 · Paris
Paris, Barcelona, London +4 more
AI and IoT for Electrical Engineers: The Future of Smart Systems
Next: 4 - 8 Jan 2027 · Amsterdam
Amsterdam, London, Istanbul +4 more