An Intensive 5-day Training Course
Maintenance & Reliability Best Practices
Lowering Life Cycle Cost of Equipment
Course Introduction
Declining revenues due to lower commodity prices have intensified the focus on equipment life-cycle costs, making cost-effective maintenance strategies more critical than ever. Maintenance professionals are now required to maintain equipment safety, reliability, and availability while working with tighter budgets.
This Maintenance Engineering training course provides participants with practical tools and methodologies to effectively reduce equipment life-cycle costs without compromising performance. The Oxford Management Centre training course emphasizes proven strategies, policies, and best practices to ensure the reliability, integrity, and longevity of physical assets throughout their life cycle.
Key Highlights of This Maintenance & Reliability Best Practices Training Course:
- Understanding financial concepts related to costs, capital, profit, and return on investment.
- Applying the Asset Healthcare Model to optimize equipment performance.
- Assessing the cost impact of equipment failure and degradation.
- Implementing proactive maintenance practices to minimize costs.
- Utilizing failure analysis techniques to focus on cost reduction efforts.
- Enhancing work management processes to improve resource efficiency.
Objectives
By the End of This Maintenance & Reliability Best Practices Training Course, You Will Be Able To:
- Comprehend key financial concepts including costs, capital, profit, and return on investment (ROI).
- Evaluate the financial impact of unexpected equipment failures.
- Implement proactive maintenance strategies to minimize future maintenance costs.
- Organize and analyze failure data to mitigate recurring issues.
- Identify the root causes of unforeseen failure-related expenses.
- Optimize resource utilization through effective work management practices.
Training Methodology
This Maintenace Engineering training course on Maintenance & Reliability Best Practices is delivered by means of a combination of instructor-led topic areas and class discussions. This Oxford Management Centre 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
By implementing the knowledge gained from this Maintenance & Reliability Best Practices training course, the organization will:
- Identify key sources of maintenance costs and their impact on overall operations.
- Allocate resources efficiently by prioritizing cost-driving events.
- Collect and structure failure data in a way that enables meaningful analysis.
- Eliminate recurring defects that contribute to excessive maintenance expenses.
Personal Impact
By the end of this Maintenance & Reliability Best Practices training course, participants will be able to:
- Identify behaviors and events that contribute to rising maintenance costs.
- Recognize the impact of poor reliability as a key factor in overall maintenance expenses.
- Develop and implement a preventive maintenance (PM) program to enhance equipment reliability.
- Apply root cause analysis techniques to identify and eliminate defects.
- Utilize best practice work management strategies for early defect detection and effective corrective actions.
Who Should Attend?
It is highly recommended that maintenance, reliability, engineering and technical support staff including leadership and management to attend this Oxford Management Centre training course in Maintenance Engineering, Also, including:
- Planners
- Supervisors
- Engineers
- Reliability Engineers
- Maintenance Team Leaders and Managers
- Operations Team Leaders and Managers
Course Outline
Day One
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
- Open Discussion Sessions
Day Two
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 Three
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 Four
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 Five
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
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
In association with
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FREQUENTLY ASKED QUESTIONS
To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, [email protected]
Note: Discounts are not applicable with any other special offer that may be available.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to [email protected]
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email [email protected] or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
