·         Understanding the Evaluate and justify your maintenance programs using value = benefit - cost

·         Understanding the Apply life cycle cost and risk planning to your facility assets

·         Target maintainability and/or reliability in the development of your facility maintenance plans

·         Learn the PLAN, DO, REVIEW cycle of continuous improvement

·         Apply the theory of this session using practical case studies

·         Learn the Practice using improvement techniques.

·          Operations supervisors

·          Maintenance, engineering and technical support staff 

·          Leadership and management attend this workshop. Planners, maintenance supervisors, engineers

Day 1

·         Definitions of reliability, maintenance & asset management

·         The total cost of maintenance

·         Best practice reliability and maintenance processes

·         Elements of asset management best practice

·         Auditing performance

·         Overview of TPM, RCM, BCM, QCM, and other asset

·         Management buzzword

Day 2

·         Team-work maintenance, operations, stores

·         Corporate asset management expectations

·         Asset performance expectations

·         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 failure and degradation

·         Select PM tactics on the basis of costs and risks

·         How to determine PM intervals?

·         Condition based maintenance types and the PF curve

·         The four important reliability functions

·         Implementing best practice maintenance programs

·         Optimizing spares to support the maintenance program

·         Maintenance program cost and risk based justification

Day 4

·         Complete the plan, do, review Improvement cycle with FRACAS

·         Failure reporting, analysis and corrective action system requirements

·         Structure and code data collection to support reliability analysis

·         How to quantify chronic failures and losses

·         Use Pareto analysis and stratification to focus the value-based analysis

·         Quantify losses in life cycle terms

·         Hypothesis root causes of failure and verify on the basis of evidence

·         Reliability analysis case study

Day 5

·         Planning and scheduling best practice

·         Cost effective man-power and skills deployment

·         Performance indicators to drive continuous improvement

Overall review of concepts learned