LCE – Risk-Based Asset Management

August 13, 2013 – August 15, 2013 all-day

For additional information:; 800-556-9589

Risk-Based Asset Management steps you through the fundamental building blocks to create a strategy for implementing a successful asset management program from cradle to grave. During the class, receive hands-on instruction while preparing control strategies that ultimately help you reduce risk and achieve the greatest asset utilization at the lowest total cost of ownership.

Risk-Based Asset Management takes a holistic approach that addresses not only infrastructure needs, but also the supporting people, business processes, data and enabling technologies critical to success.

In This Training, Learn How To
Describe the four phases in implementing a Risk-Based Asset Management program
Demonstrate how to effectively classify assets
– Interpret a current-state value stream map
– Create asset catalogs
– Develop a functional hierarchy
Demonstrate methods for analyzing assets
– Perform a criticality analysis
– Create a block diagram (functional and reliability)
– Perform a failure mode and effects analysis
Map control strategies to predominant failure modes
– List elements of an effective job plan (PM)
– Describe the critical spares strategy
– Develop task modules for a maintenance plan, including resource planning
– Optimize preventive maintenance plans
– Match predominant PdM technologies with appropriate failure modes
List key performance indicators to effectively measure control strategies
Calculate overall equipment effectiveness

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
September 18-20, 2012 (Charleston, SC)
March 12-14, 2013 (Charleston, SC)
August 13-15 2013 (Charleston, SC)

Course Pricing

Course CEU’s

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

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 8:30am to 4:30pm 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.
Approved for credit toward the University of Tennessee’s Reliability & Maintainability Certificate.

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