It originates from Preventive Maintenance, It is It is performed to prevent assets from

performed to predict failures that might occur. unexpected failures.

It is done on a regular basis. It is done on a regular basis.

No downtime of machine is required, i.e. one One needs to increase downtime of the
does not need to stop main functions of assets asset to carry out maintenance, i.e. one
as this maintenance can be performed while needs to stop main functions of assets to
assets are performing their regular functions. carry out maintenance action.

Maintenance occurs only when potential Maintenance occurs even if potential failures
failures are identified. are not identified.

It is more complex and difficult than preventive It is a less complex process and simple than
maintenance. predictive maintenance.

This maintenance action is less costly than

preventive maintenance as one can simply This maintenance action is more costly than
reduce avoid maintenance that is not predictive maintenance, as regular
necessary and thus reduce maintenance maintenance requires more investment.
costs.

It is less time-consuming as in this type of It is more time-consuming because in this

maintenance, one needs to perform inspection type of maintenance one needs to perform
and maintenance only when required. inspection and maintenance regularly.