Optimising Equipment Maintenance & Replacement Decisions
Introduction:
• Is your equipment (fixed or mobile) failing before planned replacement?
• Are you unable to execute maintenance tasks because spare parts are not available?
• Have you made significant investment in CBM methods and tools but struggle to realize the benefit?
• Do you have lots of data from oil analyses but still struggling to accurately predict your equipment breakdowns?
• Do you know how to determine optimum asset life?
• Are you struggling to justify the economics of asset replacement?
• Are you having difficulties in deciding whether to rebuild or replace your equipment to minimize the life cycle costs?
• Do you need to optimize your emergency spare requirements?
Objectives:
The objectives of the program can be summarized as follows:
• To focus on the techniques of optimization - the single most important thrust of this
learning program. Whether the decision is about work-crew sizes, or the replacement of
component-parts or entire equipment units, the concept of making the very best, most
optimal, decision will be the principal concern of the training program.
• The concept of making the very best, most optimal, decision will be the principal concern
of the training program.
• To equip the participating maintenance managers, planners and schedulers and engineers
with the know-how to select the most appropriate analytical tools for their maintenance
decision-making.
• Reflecting the growing focus of industrial safety and the profusion of safety-related
litigation - think of transportation accidents, chemical spills, and mining disasters - the
program will show how safety objectives relate to the optimization models, and will
underline the advantages of having a well-documented and rigorously-executed program
of maintenance and replacement.
• To introduce the critical decision-making topics that can make a significant difference to
the in-service time of equipment, to the costs related to doing maintenance too often or
too seldom, and the optimization of asset utilization.
• To not only cover the classic need-to-know material in the area, but to acquaint the
participants with leading-edge and on-the-horizon approaches that they will encounter in
the near future.
Training Methodology
The course will combine presentations with interactive practical exercises, supported by numerous case studies. Delegates will be encouraged to participate actively in relating the methodologies and tool s presented during the 5-day course to the particular needs of their workplace.
Organisational Impact
Focus on the most advanced techniques for Maintenance Optimization:• Select the most appropriate Analytical tools for maintenance decision making
• Relate Safety objectives to optimization models
• Introduce Critical Decision-Making Topics
• Acquaint with Leading-Edge and On-The-Horizon approaches
• Continue to Apply the Course-Learning to your workplace problems
Personal Impact
• Equipment maintenance and replacement decision are frequently based on informed
opinions or subjective responses to common situations. In this course, we will deal with
procedures based on careful research that is firmly rooted in reality. The course is
intended to give you the tools needed to make data-driven decisions, which you can apply
in your own environment and upon which you can rely to help you in developing
appropriate programs. With so much data available, we often find ourselves in the
bewildering position of being data – rich but information poor. We may have all the raw
data we’ll ever need at our fingertips; but unless we can interpret and integrate it properly,
it is of little use. To refine this data into useful information, we need the appropriate tools.
• This course is designed to give you those tools. Our time is limited, and our individual
interests and concerns vary. So we may not solve your particular problems in this course.
However, I hope it will at least provide you with the concepts and techniques you need to
address problems that arise as you carry out your responsibilities.
Who Should Attend?
• Engineers
• Professionals of Plant operations
• Facility Professionals
• Maintenance or Reliability professionals who are responsible for maintaining and
managing the physical equipment assets of a Plant/Facility
The ideal candidate for this seminar is an Engineer, Professional of Plant operations, Facility Professional, Maintenance or Reliability professional who is responsible for maintaining and managing the physical equipment assets of a Plant/Facility. He or she represents large Facilities and Plants from industries such as Oil and Gas, Petrochemical and Fertilizer, Pulp and Paper, Cement and Ceramics, Power Generation and Utilities, Primary Metals, and Heavy Manufacturing and Facilities.
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