
An Intensive 5-day Training Course
Risk Reliability Management
Scheduled Dates
Classroom
16 - 20 Jun 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
08 - 12 Sep 2025 | Amsterdam - The Netherlands | $5,950 | RESERVE A SEAT |
10 - 14 Nov 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
02 - 06 Feb 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Online
28 Apr - 02 May 2025 | Online | $3,950 | RESERVE A SEAT |
04 - 08 Aug 2025 | Online | $3,950 | RESERVE A SEAT |
01 - 05 Dec 2025 | Online | $3,950 | RESERVE A SEAT |
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.
Why Choose this Training Course?
This course aims to equip delegates with skills to commission, appraise, review and apply risk-based approach so that organisations can improve the reliability of the assets, reduce maintenance costs and achieve higher levels of safety and environmental integrity over the life cycle of their systems.
Risk management has become the central function of a utility professional and organisations are being held to a higher standard by their shareholders to improve return on investment, by their customers to produce better quality, and by society to improve safety and environmental integrity. Traditional maintenance tactics are unlikely to meet the demands that are placed on the modern organisation and for this reason progressive organisation are changing to a risk-based approach.
This course will feature:
- How the objective of maintenance over the last twenty years has steadily shifted from a ‘prevention’ approach to ‘risk-based' approach
- Why the evolution to larger and more complex systems capable of higher capacities leads to greater losses and requires a change in maintenance tactics
- How lean processes with less in-process storage and lower product inventories create a bigger demand for reliability
- How organisations are being held to a higher standard by society with regard to safety and environmental responsibility
- How organisations can overcome the above challenges by applying what they will learn in this course
What are the Goals?
By the end of this course, participants will be able to:
- Choose systems for reliability and risk improvement
- Identify functions and appropriate performance standards
- Anticipate the failed states, failure modes and damage mechanisms of a system
- Apply maintenance tactics to reduce risk and improve reliability
- Apply a team-based approach to implement risk and reliability improvement
Who is this Training Course for?
This course is suitable to a wide range of professionals but will greatly benefit:
- Reliability Engineers
- Maintenance Engineers
- Maintenance Supervisors
- Maintenance Planners
- Reliability Inspectors
- Team Leaders/Managers who are responsible for physical asset reliability and integrity
How will this Training Course be Presented?
This course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The course will be presented using direct input, discussion and lot of individual and group hands-on practice using real life case studies that will enable the delegates to practice the techniques and processes that they are learning, ensuring maximum knowledge and skill transfer.
Daily Agenda
Day One: Operational Context and Functional Analysis
- Plant/equipment decomposition
- Criticality grading
- Identify primary, secondary functions
- Determine performance standards and quantify
- Practical: Perform functional analysis
Day Two: Failure Analysis
- Failure modes
- The concept of ‘reasonably likely’
- Deterioration and damage mechanisms
- Physical damage mechanism
- Practical: Perform Failure Analysis
Day Three: Failure Effects, Consequences, Probability and Risk
- Operational and financial risks
- Safety, health and environmental consequences
- Hidden failure consequences
- Practical: Perform Risk Analysis
- The six failure probability density curves
Day Four: Risk-based Maintenance Tactics
- Tactic decision diagram
- Types of preventive maintenance tactics and how to select appropriate intervals
- Types of condition-based maintenance tactics how to determine the PF interval
- Function testing and failure finding and how to determine the interval
- Practical: Select and define appropriate maintenance tactics
Day Five: Implement Risk-based Reliability Management
- The role of the facilitator
- Selecting and setting up the review projects
- Auditing the decision making
- Implementing the results
- Post course assessment
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].