Name: Maintenance Strategy Development and Cost Effective Implementation Training Course
Rating: 4.7 (1076 reviews)

Scheduled Dates

Classroom

07 - 18 Sep 2026

London - UK

$11,900

14 - 25 Dec 2026

Dubai - UAE

$11,900

06 - 17 Sep 2027

London - UK

$11,900

13 - 24 Dec 2027

Dubai - UAE

$11,900

Why Choose this Training Course?

In the competitive environment of today, availability and reliability of assets is more than ever an important issue. Maintainers are faced with the challenge to deliver the same levels of equipment safety, reliability and availability with smaller budgets. Therefore, maintenance & reliability best practices are critical for every organization who would like to be best in class. Apart from maintenance & reliability engineering, outsourcing maintenance activities to contractors could contribute to this significantly. Because sometimes external parties are better suited to improve the performance than you or you simply do not want to do it yourself.

This highly-interactive training 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 PetroKnowledge training course will ensure that you understand how to decide rationally what maintenance activities to outsource and what not, how to select the best maintenance contractor and how to evaluate the delivered performance of all parties involved. Maintenance contracts used in several branches will be discussed.

You will have the opportunity to discuss the best practices used in your organization. Through a combination of formal lectures and group work, you will leave the course with the tools to improve your processes and way of working.

The first module of this workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The second module then helps you decide in a rational way which activities are best done with internal resources and which are best outsourced. Tools and techniques are introduced which will help you ensure that outsourcing contracts are comprehensive and avoid the common pitfalls.

The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must - so is this ten - day seminar.

The focuses of this PetroKnowledge Maintenance Strategy Development and Cost Effective Implementation training course are highlighted as follows:

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
Understanding Outsourcing considerations
Contracting types, incl. Service Level Agreements (SLA’s)
Key Performance Indicators (KPI’s) to monitor performance
Developing contracts – the contracting cycle
Negotiating skills
Continuous improvement and performance management: how to evaluate the performance with all parties involved

This training course is split into two modules:

Module I - Maintenance & Reliability Best Practices
Module II - Maintenance Contracting & Outsourcing

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Modules I, and II back-to-back as a 2-week training course.

What are the Goals?

By the end of this PetroKnowledge Maintenance Strategy Development and Cost Effective Implementation training course, delegates will be able 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
Decide rationally what maintenance activities to outsource and what not
Use the features, functions and benefits of lean maintenance contracts
Use the most applicable type of maintenance contracts (incl. Service Level Agreements) and when/how to apply them
Define service levels and monitor the contractor performance
Develop and negotiate a maintenance contract
Recognize the pitfalls
Evaluate the delivered performance of all parties involved
Implement maintenance contract management

Who is this Training Course for?

This Maintenance Strategy Development and Cost Effective Implementation training course is suitable to a wide range of professionals, but will greatly benefit:

Planners
Supervisors
Engineers
Reliability engineers
Maintenance team leaders and managers
Operations team leaders and managers
All professionals involved in procurement and supply chain management
All professionals negotiating, managing and verifying maintenance contracts
Teams who have been assigned the responsibility of establishing a maintenance contract will find it extremely useful to attend this course as a unit
Anyone who wishes to update themselves on Maintenance Contracts & Outsourcing

How will this Training Course be Presented?

This PetroKnowledge training course is a combination of instructor lead topic areas and class discussions. The course will be conducted along interactive workshop principles. Experiences from different areas will be discussed. There will be many opportunities for discussion and sharing experiences.

Daily Agenda

Module I: Maintenance & Reliability Best Practices

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

Module II: Maintenance Contracting & Outsourcing

Day 6: Outsourcing Considerations

Introduction
Asset management - The business impact of maintenance
Considerations in outsourcing maintenance – what to outsource and what not?
Risks involved

Day 7: Maintenance Contracts

Maintenance contract types
Parties involved
The tendering process – modern ways of tendering
Choosing the right contractor
Costing the service
Defining Key Performance Indicators to monitor the performance of all parties involved
Use of Balanced Scorecard with performance contracts

Day 8: Developing the Maintenance Contract

Vendor management
The contracting cycle
Assemble a team
Assess, determine and specify the required service levels
Writing the contract – contents of a maintenance contract
Implementing contract management – how to make it work (performance management)
Periodic evaluation & improvement

Day 9: Grounding and Negotiating the Contract

Expectations about availability, reliability and costs
The extensive preventive maintenance schedule – “tricks” of maintenance contractors
The seven steps to develop a risk based maintenance concept
Using the maintenance concept to negotiate more effectively lean maintenance contracts
Negotiating the contract – negotiation ploys
Negotiating the contract – negotiation tactics
Negotiating tips

Day 10: Final Workshop

Development of a maintenance contract in groups
Defining the requirements and service levels
Develop the offer
Selection criteria
Presenting the bid
Closing the contract
Evaluation of results
Wrap-up

Certificate

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

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Related Categories

Assets and Maintenance

CERTIFICATES

An Interactive 10-Day Training Course

Maintenance Strategy Development and Cost Effective Implementation

Overcoming Reliability Challenges in a Cost Constraint Environment