Equipment Performance Audit
Assessing Equipment Efficiency and Effectiveness An equipment performance audit is a comprehensive evaluation of the performance of specific equipment or systems within an organization. It involves assessing the equipment’s efficiency, reliability, and effectiveness in meeting operational needs. Establishing performance metrics to measure the equipment’s efficiency, reliability, and effectiveness. Comparing the equipment’s performance to industry benchmarks or best practices. By optimizing equipment performance, organizations can reduce operating costs and improve profitability.