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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 GLOMACS Maintenance Engineering training seminar on Maintenance & Reliability 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 GLOMACS Maintenance Engineering online training seminar 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 online training seminar on Maintenance & Reliability Best Practices 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 GLOMACS online training seminar on Maintenance & Reliability Best Practices, 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 online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.
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
WHO SHOULD ATTEND?
It is highly recommended that maintenance, reliability, engineering, and technical support staff including leadership and management to attend this GLOMACS Maintenance Engineering online training seminar. Also, including:
- Planners
- Supervisors
- Engineers
- Reliability Engineers
- Maintenance Team Leaders and Managers
- Operations Team Leaders and Managers
Day 1
Equipment Life-cycle Cost Introduction
- Definitions of Reliability, Maintenance & Asset Management
- The Concept of Costs, Capital, Profits and Return on Investment
- The Asset Healthcare Model
- Key Areas of Asset Management
Day 2
Cost Factors and Causes
- The Real Cost of Unanticipated Failure
- Asset Performance Standards
- The Forms of Asset Failure and Degradation
- The Causes and Nature of Asset Failure and Degradation
- The Effects, Cost and Risks of Asset Degradation
Day 3
Breaking the Cycle of Degradation and Costs
- Programmed Maintenance
- Programmed Maintenance Intervals
- Condition-based Maintenance Intervals
- Implementing Optimised PM Programs
- Optimizing Spares to Support the Maintenance Program
Day 4
Cost Reduction through Defect Elimination
- Failure Data Collection and Analysis
- The Impact of Chronic Failures vs. Intermittent Failures
- Focus Improvement through Pareto Analysis
- Quantify losses in Life Cycle Terms
- Rigorous Root Cause Analysis Techniques
- Discussion of Software and Templates to Support Analysis
Day 5
Work Management converts Strategy to Practice
- Work Identification and Defect Reporting
- The Importance of Backlog
- Planning for Quality and Reliability
- Capacity Planning
- Scheduling for Efficiency
- Work Logistics and Preparation
- Checklists and Practical Aspects Work Quality Control
- Final Discussion and Evaluation
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
In Association With

PetroKnowledge
Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

GLOMACS Training & Consultancy
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