Annual, DM, Capital Improvement

Name: Task Type

Definition: The type of work being completed. It either is annual maintenance, deferred maintenance, or capital improvement.

1. Annual Maintenance: Work performed to maintain serviceability or repair failures during the year in which they occur. Includes preventive and/or cyclic maintenance performed in the year in which it is scheduled. Unscheduled or catastrophic failures of components or assets may need to be repaired as a part of annual maintenance. Annual maintenance may include repairs, preventative maintenance, and cyclic maintenance.
2. Deferred Maintenance: Maintenance that was not performed when it should have been or when it was scheduled. When allowed to accumulate without limits or consideration of useful life, deferred maintenance leads to deterioration of performance, increased costs to repair, and decrease in asset value. Deferred maintenance needs may be categorized as critical or non-critical at any point in time. Continued deferral of non-critical maintenance will normally result in an increase in critical deferred maintenance. All work items default to DM in I-Web, users must select other task type when applicable.
3. Capital Improvement: The construction, installation, or assembly of a new fixed asset, or the significant alteration, expansion, or extension of an existing fixed asset to accommodate a change of purpose.