Risk-Based Asset Management :: Life Cycle Institute :: Life Cycle Engineering

Risk-Based Asset Management

Acrobat PDF Icon Risk-Based Asset Management Course Description (PDF)

Acrobat PDF Icon 2011/12 Life Cycle Institute Class Schedule (PDF)

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View a Single Point Lesson on Equipment Bill of Materials An example of the useful, action-oriented information you'll learn in this course.

Video View Mike Poland's Video: "Risk-Based Asset Management Implementation Model"

Risk-Based Asset Management Training

Many considerations surface when buying a car: How much will it cost? What’s the mpg? When will it need maintenance or repair? Is it easy to find parts? How long do I expect to have it? What if it breaks down? Will I get my money’s worth?

Purchasing and maintaining a critical asset is no different. The goal is to achieve the greatest asset utilization at the lowest total cost of ownership.

The Risk-Based Asset Management course introduces the value of the asset maintenance plan and its critical role in the asset management strategy. Participants work together to develop an asset maintenance plan. The three-day course concludes by discussing how to marshal the people, processes, data and technologies that make an effective asset maintenance plan.

In This Training, Learn How To

Describe the role of the Asset Maintenance Plan as a component of an Asset Management Strategy

Identify elements and process of collecting data for a Maintenance Plan

Create a block diagram (functional and reliability)
Develop a functional hierarchy
Perform a criticality analysis

Develop task modules for a Maintenance Plan

List elements of an effective job plan (PM)
Resource planning considerations
Optimize preventive maintenance plans

Describe the MRO components of a maintenance plan

Match predominant predictive technologies with appropriate failure modes

Who Should Attend Training

Risk-Based Asset Management is for people responsible for installation, commissioning, operation or maintenance of capital assets and auxiliary equipment. This includes Project Engineers, Reliability Engineers, Maintenance Managers, Operations Managers, and Engineering Technicians.

Course Dates

March 20-22, 2012 (Charleston, SC)
August 21-23, 2012 (Charleston, SC)

Course Pricing

$2,195

Course CEU's

2.1

Course Locations

Life Cycle Institute, 4360 Corporate Road, Charleston, SC 29405

Each course includes a comprehensive active learning manual, morning and afternoon refreshments, lunch, and the use of a fully equipped e-business center. Class hours are 8:00am to 4:00pm Tuesday through Thursday. All students completing a class at the Life Cycle Institute will receive a certificate of completion awarding CEU’s.

Additional Information

Each course includes a comprehensive active learning manual, morning and afternoon refreshments, lunch, and the use of a fully equipped e-business center. Class hours are 8:00am to 4:00pm Monday through Thursday and 8am to 12pm Friday. All students completing a class at the Life Cycle Institute will receive a certificate of completion awarding CEU’s.