Optimizing Equipment Maintenance and Replacement Decisions

Equipment maintenance and replacement decision are frequently based on informed opinion or subjective responses to cannon situation. In this workshop, we will deal with procedures based on careful research that is firmly rooted in reality. The workshop is intended to give you the tools needed to make data-driven decisions, which you can apply in your own environment and upon which you can rely to help you in developing appropriate programs. This workshop is a must that you must attend because it will provide you with the concepts and techniques you need to address problems that arise as you carry out your responsibilities.

CONTENT

*Maintenance Management

- Total productive maintenance

- Reliability centered maintenance

- Optimizing maintenance & replacement decision

*Spare parts Provisioning

- Inventory management

- Fast moving spares

- Emergency spares

*Inspection frequency and Depth

- Inspection intervals to maximize profit

- Maximizing equipment availability

*Health monitoring Procedures

- Proportional hazards modeling

- Oil analysis programs

- Optimization of condition-based maintenance procedures

*Effective Management of Maintenance Resources

- Utilization of outside resources

- Lease vs buy decision

- Balancing maintenance costs against plant reliability

*Economic Life of Capital Equipment

- The repair vs-replace decision

- Life-cycle costing

- Technological improvement

*Preventive Maintenance

-Component replacement procedures

-Block replacement policies

-Age-based replacement policy

-Repairable systems

FOR WHOM:

Works, Services and Maintenance Personnel

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.