Maintenance & Reliability Best Practices

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 & Reliability Best Practices training course provides participants with practical tools and methodologies to effectively reduce equipment life-cycle costs without compromising performance. The 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 Maintenance & Reliability Best Practices 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

By implementing the knowledge gained from this 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 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 Maintenance & Reliability Best Practices training course, Also, including:

• Planners
• Supervisors
• Engineers
• Reliability Engineers
• Maintenance Team Leaders and Managers
• Operations Team Leaders and Managers

Course Outline