Three Strategies, Three Different Bets on Failure
Every maintenance strategy is really a bet about when and how an asset will fail, and each of the three dominant strategies — reactive, preventive, and predictive — makes that bet differently. Reactive maintenance (also called run-to-failure or corrective maintenance) makes no bet at all: the asset runs until it breaks, and repair happens after the fact. Preventive maintenance (PM) bets that failure probability is reasonably correlated with time or usage, so intervention on a fixed schedule (every 500 operating hours, every 90 days, every 10,000 cycles) will catch most failures before they happen. Predictive maintenance (PdM) bets that failure is preceded by measurable physical degradation — rising vibration amplitude, increasing bearing temperature, degrading oil chemistry — and that monitoring those signals lets you intervene only when the asset actually needs it, not on an arbitrary calendar.