An Interactive 5-Day Training Course

Maintenance & Reliability Best Practices

Lowering Life Cycle Cost of Equipment

Maintenance & Reliability Best Practices

Scheduled Dates

Classroom

15 - 19 Jun 2026
London - UK
$5,950
24 - 28 Aug 2026
Cape Town - South Africa
$5,950
07 - 11 Sep 2026
London - UK
$5,950
28 Sep - 02 Oct 2026
Dubai - UAE
$5,950
09 - 13 Nov 2026
London - UK
$5,950
14 - 18 Dec 2026
Dubai - UAE
$5,950
28 Dec - 01 Jan 2027
London - UK
$5,950
25 - 29 Jan 2027
Dubai - UAE
$5,950
22 - 26 Mar 2027
Istanbul - Turkey
$5,950
29 Mar - 02 Apr 2027
Dubai - UAE
$5,950
14 - 18 Jun 2027
London - UK
$5,950
23 - 27 Aug 2027
Cape Town - South Africa
$5,950
06 - 10 Sep 2027
London - UK
$5,950
27 Sep - 01 Oct 2027
Dubai - UAE
$5,950
08 - 12 Nov 2027
London - UK
$5,950
13 - 17 Dec 2027
Dubai - UAE
$5,950
27 - 31 Dec 2027
London - UK
$5,950

Online

29 Jun - 03 Jul 2026
Online
$4,950
28 Sep - 02 Oct 2026
Online
$4,950
28 Jun - 02 Jul 2027
Online
$4,950
27 Sep - 01 Oct 2027
Online
$4,950

Why Choose this Training Course?

Lower revenues due to lower commodity prices have placed equipment life-cycle costs under the management spotlight like never before. Maintainers are faced with the challenge to deliver the same levels of equipment safety, reliability and availability with smaller budgets. This Maintenance & Reliability training course introduces the practical tools and practices that organisations need to adopt to drive down their equipment life-cycle costs in practical ways.

This PetroKnowledge course emphasizes the most effective strategies, policies, tactics and practices that are needed to ensure the reliability, integrity and durability of the physical assets through their life-cycle.

This training course will highlight:

  • Financial concepts of costs, capital, profit and return on investment
  • The model for asset healthcare
  • Cost impact of equipment failure and degradation
  • Proactive practices and tools to reduce maintenance costs
  • Failure analysis to focus cost reduction efforts
  • Work management to improve resource efficiency

What are the Goals?

At the end of this training course, you will learn to:

  • Understand the concepts of costs, capital, profit and ROI
  • Understand the cost impact of unanticipated failure
  • Apply proactive policies to reduce future maintenance costs
  • Structure and analyse failure data to reduce repetitive failures
  • Identify root causes of unanticipated failure costs
  • Reduce resource costs through efficient work management practices

Who is this Training Course for?

It is highly recommended that maintenance, reliability, engineering and technical support staff including leadership and management attend this PetroKnowledge course, including:

  • Planners
  • Supervisors
  • Engineers
  • Reliability engineers
  • Maintenance team leaders and managers
  • Operations team leaders and managers

How will this Training Course be Presented?

The training course is delivered by means of a combination of instructor-led topic areas and class discussions.  The training is further enhanced by the use of case studies, examples and practical exercises that are pre-loaded onto a laptop for each delegate. The templates, case studies, examples and exercises are subsequently available to each delegate after the course as a reference for further study, research or practice. This ensures a high level of knowledge and skill retention.

Daily Agenda

Day 1: 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 2: 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 3: 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 4: Cost Reduction through Defect Elimination
  • Failure data collection and analysis
  • The impact of chronic failures versus 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 5: 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

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

Related Categories

This training course is also part of the 10-day titles:

Other Training Courses You Might Be Interested In

Follow Us:

Subscribe To Our Newsletter