An Interactive 5-Day Training Course

Optimising Equipment Maintenance & Replacement Decisions

Fitness for Service Analysis Approach

Optimising Equipment Maintenance & Replacement Decisions

Course Overview

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 Optimising Equipment Maintenance & Replacement Decisions training course 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 training course 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 course 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

Training Objectives

By the end of this training course, 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 Optimising Equipment Maintenance & Replacement Decisions training course 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 course materials will be provided.

Organisational Impact

On completion of this Optimising Equipment Maintenance & Replacement Decisions training course, 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 training course 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 course 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

Training 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
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Providers and Associations

PetroKnowledge
PetroKnowledge

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

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Additional sessions in international locations

Venue: London - UK
Fee: US $5,950
Date: 26-30 Aug 2024
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Venue: Dubai - UAE
Fee: US $5,950
Date: 21-25 Oct 2024
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Venue: Amsterdam - The Netherlands
Fee: US $5,950
Date: 23-27 Dec 2024
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Venue: London - UK
Fee: US $5,950
Date: 03-07 Feb 2025
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Venue: London - UK
Fee: US $5,950
Date: 24-28 Feb 2025
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Venue: London - UK
Fee: US $5,950
Date: 21-25 Apr 2025
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Venue: London - UK
Fee: US $5,950
Date: 01-05 Sep 2025
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Venue: Dubai - UAE
Fee: US $5,950
Date: 27-31 Oct 2025
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Venue: Amsterdam - The Netherlands
Fee: US $5,950
Date: 29 Dec 2026-02 Jan 2027
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Online Sessions

Venue: Online
Fee: US $3,950
Date: 26-30 Aug 2024
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