Code Date City Venue Fees
MN006 29 Oct - 02 Nov 2018 Kuala Lumpur - Malaysia The Ritz Carlton Hotel $5,500 Register
MN006 23 - 27 Dec 2018 Abu Dhabi - UAE Sofitel Abu Dhabi Corniche $5,500 Register
MN006 25 Feb - 01 Mar 2019 Kuala Lumpur - Malaysia TBA $5,950 Register
MN006 28 Oct - 01 Nov 2019 Kuala Lumpur - Malaysia TBA $5,950 Register
MN006 29 Dec 2019 - 02 Jan 2020 Abu Dhabi - UAE TBA $5,950 Register
TBA* = To be Announced   |  All fees are exclusive of VAT
Home » Seminars » Maintenance Engineering » Optimising Equipment Maintenance & Replacement Decisions

Introduction

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 GLOMACS Optimising Equipment Maintenance & Replacement Decisions training seminar 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 GLOMACS training seminar will 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.

This GLOMACS training seminar 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

Objectives

By the end of this GLOMACS training seminar, 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

Training Methodology

This GLOMACS Optimising Equipment Maintenance & Replacement Decisions training seminar 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 training seminar materials will be provided.

Organisational Impact

On completion of this GLOMACS Optimising Equipment Maintenance & Replacement Decisions training seminar, the delegates will be able to analyze the operation and maintenance of various stationary and rotating equipment installed within the organization and suggest potential improvement in maintenance procedure where required.

The knowledge gained in this GLOMACS training seminar will: 

  • Enable the delegates to optimize the operation and maintenance of various equipment
  • Give the delegates skill to analyze efficiency of equipment maintenance techniques
  • Enable measures to optimize maintenance for the given application
  • Give better insight to the safety of equipment maintenance and replacement decisions

Personal Impact

  • Improved confidence when solving problems of maintenance of various equipment
  • Better understanding of how optimized maintenance impacts equipment reliability
  • Better knowledge of equipment instrumentation regarding failure prevention
  • Improved personal skills of analysis of spare part handling and optimization
  • Better ability to troubleshoot difficult situations

Who Should Attend?

This GLOMACS training seminar 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

Seminar Outline

DAY 1

Physical Asset Management & Failure Analysis

  • 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 2

Preventive Maintenance & Spare Parts Replacements

  • 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 3

Equipment Inspection & Fitness for Service

  • 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 4

Economics of Maintenance, Repair & Replacement

  • 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 5

Total Productive Maintenance & Safety

  • 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

  • Quality Logo

In Association With

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients

Visit website

PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

Visit website

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Home » Seminars » Maintenance Engineering » Optimising Equipment Maintenance & Replacement Decisions

VAT Announcement: The Government of UAE have introduced Value Added Tax (VAT) on goods and services from 01-January-2018. In compliance with the legislation issued by the UAE Government, we will be applying a 5% VAT on the fees for all our programs and services offered from January 2018 as applicable and stipulated in the FTA circulars.

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