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Optimizing Equipment Maintenance & Replacement Decisions

Dates Venues Register
24/01/2027 - 28/01/2027 KUALA LUMPUR

Introduction

Optimizing Equipment Maintenance & Replacement Decisions

 

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

Who should Attend?

  • 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
 
Course 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

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