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An Intensive 5 Day Training Course

Optimising Equipment Maintenance
& Replacement Decisions

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Course Dates, Venues and Fees

Code Date Venue Fee($)
MN160 26 Feb - 02 Mar 2018 Kuala Lumpur - Malaysia $5,500
MN160 29 Oct - 02 Nov 2018 Kuala Lumpur - Malaysia $5,500
MN160 23 - 27 Dec 2018 Abu Dhabi - UAE $5,500

Why Choose this Training Course?

Major world companies from the process and petrochemical industry have developed their maintenance practices based on the optimisation of predictive maintenance management system. This approach works well for both stationary and rotating equipment and includes continuous condition monitoring and the detailed inspection of vital elements of the equipment. The optimisation of the maintenance activities includes the spare parts handling, the selection of the right size and skill of maintenance crew with consideration of potential outsourcing i.e. subcontracting. Based on the collected data on reliability of the equipment in operation, Maintenance department can complete the Fitness for Service analysis based on which the decision can be made about 3Rs: Run, Repair or Replace, for the particular component of the equipment. Final decision regarding equipment replacement depends very much on the economic and safety aspect that must be taken into consideration.

This training course is intended to introduce the participant to the process of making decisions regarding equipment maintenance optimisation including equipment replacement. Various optimisation techniques will be presented and the optimisation criteria explained. This PetroKnowledge course will also include several workshops with case studies and real world problems to be solved. This will enable all participants to actively take part in the team work and classroom discussions.

The training course will feature:

  • Main types of equipment failure mechanisms
  • Maintenance methodologies and economic aspects
  • Spare parts handling and storage modeling
  • Risk assessment and management
  • Equipment inspection and fitness for service analysis

Training Objectives click here

What are the Goals?

By the end of this training course, the participants will be able to:

  • Identify equipment failures, and the impact on plant reliability
  • Understand the cost-effectiveness of Preventive/Predictive Maintenance program
  • Apply techniques of optimisation of various maintenance activities
  • Define criteria for work-crew size, spare parts and equipment replacement
  • Make the important decision on the basis of the cost and benefit analysis
  • Incorporate safety objectives to the equipment repair or replacement optimisation

Target Audience click here

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Operation, technical production & service professionals
  • Technical professionals responsible for maintenance and repair of equipment
  • Professionals involved in inspection and reliability
  • Technical professionals dealing with risk assessment and integrity analysis
  • Technicians dealing with regulating and metering and other measurements

Training Methods click here

How will this Training Course be Presented?

This PetroKnowledge course will be conducted along workshop principles with formal lectures and interactive examples, which will result in the active participation of all delegates in discussions and teamwork of problem solving. There will be several class-workshops during which case studies and real life problems will be solved in team work. This will provide understanding of the problems and illustrate the efficient application of modern maintenance optimisation technologies. There will be ample opportunities for active, open discussions and sharing professional experiences on various industrial applications. All course materials will be provided.

Daily Agenda click here

Day One: Physical Asset Management & Failure Analysis

Competency Description: Familiarization with asset management and types of failures

Key points

  • Types of maintenance systems
  • Modes of failures
  • Weibull distribution

Topics to be covered

  • Physical Asset Management
  • Maintenance Management: Preventive / Predictive Approach
  • Nature and Modes of Equipment Failure
  • Failure Modes & Effect Analysis (FMEA)
  • Analysis of Component Failure data using the Weibull Distribution
  • Censored Data, the 3-Parameter Weibull, and the Kolmogorov-Smirnov Test

Day Two: Preventive Maintenance & Spare Parts Replacements

Competency Description: Ability to select spare parts replacement options

Key points

  • Concept of Reliability & Availability
  • Methods of spare part replacement
  • Handling Not-In-Kind spare parts

Topics to be covered

  • Reliability and Availability Concept: MTBF & MTTR
  • Reliability Improvement through Reduction of Downtime
  • Maintenance Performance Quantification
  • Preventive Maintenance & Spare Part Handling
  • Spare Parts Provisioning: Prediction Models and Techniques
  • Management of Change: In-Kind Spare Parts

Day Three: Equipment Inspection & Fitness for Service

Competency Description: Understanding the calculation of fitness for service and remaining life of equipment

Key points

  • Risk based inspection
  • Risk management
  • Fitness for service

Topics to be covered

  • Condition Monitoring & Inspection
  • Risk Based Inspection (RBI)
  • Risk Matrix: Management and Mitigation Measures
  • Reliability Improvement through Inspection
  • Inspection Scope & Frequency
  • Fitness for Service Analysis (FFS)

Day Four: Economics of Maintenance, Repair & Replacement

Competency Description: Familiarization with economic aspects of maintenance

Key points

  • Use of CMMS
  • Optimisation of maintenance
  • Economic impact of equipment replacement

Topics to be covered

  • Management of Maintenance Resources
  • Effective Use of CMMS
  • Maintenance Organization Analysis : Crew size
  • Equipment Repair or Replacement Decision
  • Economic Aspect of Maintenance Outsourcing: Subcontract
  • Economic Aspect of Equipment Replacement

Day Five: Total Productive Maintenance & Safety

Competency Description: Recognizing safety in connection with total productive maintenance

Key points

  • Return of investment ROI
  • Concept of total productive maintenance
  • KPI indicators

Topics to be covered

  • Capital Investment in Equipment and Maintenance: ROI
  • Total Productive Maintenance
  • Safety in Maintenance Work
  • KPI and OEE: Leading and Lagging Indicators
  • Summary and Conclusions

Accreditation click here

PetroKnowledge is recognized by the Society for Maintenance & Reliability Professionals (SMRP) as an Approved Provider. The SMRP Approved Provider status allows PetroKnowledge to host a number of Maintenance & Reliability related continuing education trainings.

This training course is approved by SMRP to issue 25 Continuing Education Course Hours (CECHs) towards recertification of CMRP, CMRT or CAMA credentials.

Related Courses click here


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Home » Courses » Maintenance Management » Optimising Equipment Maintenance& Replacement Decisions
PetroKnowledge Training


Optimising Equipment Maintenance
& Replacement Decisions


Code Date Venue Fees
MN160 26 Feb - 02 Mar 2018 Kuala Lumpur - Malaysia $5,500
MN160 29 Oct - 02 Nov 2018 Kuala Lumpur - Malaysia $5,500
MN160 23 - 27 Dec 2018 Abu Dhabi - UAE $5,500



Why Choose this Training Course?

Major world companies from the process and petrochemical industry have developed their maintenance practices based on the optimisation of predictive maintenance management system. This approach works well for both stationary and rotating equipment and includes continuous condition monitoring and the detailed inspection of vital elements of the equipment. The optimisation of the maintenance activities includes the spare parts handling, the selection of the right size and skill of maintenance crew with consideration of potential outsourcing i.e. subcontracting. Based on the collected data on reliability of the equipment in operation, Maintenance department can complete the Fitness for Service analysis based on which the decision can be made about 3Rs: Run, Repair or Replace, for the particular component of the equipment. Final decision regarding equipment replacement depends very much on the economic and safety aspect that must be taken into consideration.

This training course is intended to introduce the participant to the process of making decisions regarding equipment maintenance optimisation including equipment replacement. Various optimisation techniques will be presented and the optimisation criteria explained. This PetroKnowledge course will also include several workshops with case studies and real world problems to be solved. This will enable all participants to actively take part in the team work and classroom discussions.

The training course will feature:


Training Objectives

What are the Goals?

By the end of this training course, the participants will be able to:

Target Audience

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

Training Methods

How will this Training Course be Presented?

This PetroKnowledge course will be conducted along workshop principles with formal lectures and interactive examples, which will result in the active participation of all delegates in discussions and teamwork of problem solving. There will be several class-workshops during which case studies and real life problems will be solved in team work. This will provide understanding of the problems and illustrate the efficient application of modern maintenance optimisation technologies. There will be ample opportunities for active, open discussions and sharing professional experiences on various industrial applications. All course materials will be provided.

Daily Agenda

Day One: Physical Asset Management & Failure Analysis

Competency Description: Familiarization with asset management and types of failures

Key points

Topics to be covered

Day Two: Preventive Maintenance & Spare Parts Replacements

Competency Description: Ability to select spare parts replacement options

Key points

Topics to be covered

Day Three: Equipment Inspection & Fitness for Service

Competency Description: Understanding the calculation of fitness for service and remaining life of equipment

Key points

Topics to be covered

Day Four: Economics of Maintenance, Repair & Replacement

Competency Description: Familiarization with economic aspects of maintenance

Key points

Topics to be covered

Day Five: Total Productive Maintenance & Safety

Competency Description: Recognizing safety in connection with total productive maintenance

Key points

Topics to be covered

Accreditation

PetroKnowledge is recognized by the Society for Maintenance & Reliability Professionals (SMRP) as an Approved Provider. The SMRP Approved Provider status allows PetroKnowledge to host a number of Maintenance & Reliability related continuing education trainings.

This training course is approved by SMRP to issue 25 Continuing Education Course Hours (CECHs) towards recertification of CMRP, CMRT or CAMA credentials.

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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© 2018. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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