Maintenance, Reliability & Asset Management Technology Best Practices

Introduction

Lower revenues due to lower commodity prices have placed equipment life-cycle costs under the management spotlight like never before. Maintainers are faced with the challenge to deliver the same levels of equipment safety, reliability and availability with smaller budgets. This  Maintenance Engineering training course on Maintenance, Reliability & Asset Management Technology Best Practices introduces the practical tools and practices that organisations need to adopt to drive down their equipment life-cycle costs in practical ways.

This Maintenance Engineering training course emphasizes the most effective strategies, policies, tactics and practices that are needed to ensure the reliability, integrity and durability of the physical assets through their life-cycle.

This GLOMACS Maintenance, Reliability & Asset Management Technology Best Practices training course will highlight:

• Financial Concepts of Costs, Capital, Profit and Return On Investment
• The Model for Asset Healthcare
• Cost Impact of Equipment Failure and Degradation
• Proactive Practices and Tools to Reduce Maintenance Costs
• Failure Analysis to Focus Cost Reduction Efforts
• Work Management to Improve Resource Efficiency

Objectives

At the end of this training course, you will learn to:

• Understand the concepts of costs, capital, profit and ROI
• Understand the cost impact of unanticipated failure
• Apply proactive policies to reduce future maintenance costs
• Structure and analyse failure data to reduce repetitive failures
• Identify root causes of unanticipated failure costs
• Reduce resource costs through efficient work management practices

Training Methodology

This Maintenace Engineering training course is delivered by means of a combination of instructor-led topic areas and class discussions. This training course is further enhanced by the use of examples and practical exercises that are pre-loaded onto a laptop for each delegate. The templates, examples and exercises are subsequently available to each delegate after the training course as a reference for further study, research or practice. This ensures a high level of knowledge and skill retention.

Organisational Impact

The organisation will:

• Gain an understanding of the sources of maintenance costs
• Be able to focus its resources on the events that contribute most to costs
• Gather and structure failure data in a meaningful way
• Eliminate defects that are driving costs

Personal Impact

The participant will be able to:

• Understand the behaviour and events that are driving costs
• Understand how poor reliability is a major factor in the cost equation
• Implement a PM program to improve reliability
• Implement root cause analysis to eliminate defects
• Apply best practice work management to ensure early detection and correction of defects