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Well it is a part of Maintenance Management System (Preventive Maintenance) and it stands for Planned Maintenance Schedules
it stand plant maintenance schedule like preventive and palnned
I agree with Mr. Aftab Khan. It stands for "Planned Maintenance System"
preventive /planned maintenance system
Planned Maintenance System
Preventive maintenance schedule. It depends on manufacturer recommendations and periodic inspection.
Preventive Maintenance Services - manpower, Parts, Fuel, Oil & Lubricants as well as manufacture recommended checklist
Process of planning, directing, and controlling the preventive maintenance of all systems, subsystems, and components within a facility.Read more: http://www.businessdictionary.com/definition/planned-maintenance-system-PMS.html#ixzz3nojW6YOZ