INTRODUCTION
		
Lower revenues due to lower commodity prices have placed equipment life-cycle costs under the management spotlight like never before. Maintainers are faced with the challenge to deliver the same levels of equipment safety, reliability and availability with smaller budgets. This  Maintenance Engineering training course on Maintenance & Reliability Best Practices introduces the practical tools and practices that organizations need to adopt to drive down their equipment life-cycle costs in practical ways
		
This Maintenance Engineering training course emphasizes the most effective strategies, policies, tactics and practices that are needed to ensure the reliability, integrity and durability of the physical assets through their life-cycle.
			
Objectives
		
At the end of this training course, you will learn to:
		
Understand the concepts of costs, capital, profit and ROI
		
Understand the cost impact of unanticipated failure
		
Apply proactive policies to reduce future maintenance costs
		
Structure and analyze failure data to reduce repetitive failures
		
Identify root causes of unanticipated failure costs
		
Reduce resource costs through efficient work management practices.
			
Benefit of this course
			
Gain an understanding of the sources of maintenance costs
		
Be able to focus its resources on the events that contribute most to costs
		
Gather and structure failure data in a meaningful way
		
Eliminate defects that are driving costs
			
Understand the behavior and events that are driving costs
		
Understand how poor reliability is a major factor in the cost equation
		
Implement a PM program to improve reliability
		
Implement root cause analysis to eliminate defects
		
Apply best practice work management to ensure early detection and correction of defects
			
Course Outline:
		
Day 1
		
Equipment Life-cycle Cost Introduction
		
Definitions of Reliability, Maintenance & Asset Management
		
The Concept of Costs, Capital, Profits and Return On Investment
		
The Asset Healthcare Model
		
Key Areas of Asset Management
		
Open Discussion Sessions
		
Day 2
		
Cost Factors and Causes
		
The Real Cost of Unanticipated Failure
		
Asset Performance Standards
		
The Forms of Asset Failure and Degradation
		
The Causes and Nature of Asset Failure and Degradation
		
The Effects, Cost and Risks of Asset Degradation
		
Day 3
		
Breaking the Cycle of Degradation and Costs
		
Programmed Maintenance
		
Programmed Maintenance Intervals
		
Condition-based Maintenance Intervals
		
Implementing Optimized PM Programs
		
Optimizing Spares to Support the Maintenance Program
		
Day 4
		
Cost Reduction through Defect Elimination
		
Failure Data Collection and Analysis
		
The Impact of Chronic Failures vs. Intermittent Failures
		
Focus Improvement through Pareto Analysis
		
Quantify losses in Life Cycle Terms
		
Rigorous Root Cause Analysis Techniques
		
Discussion of Software and Templates to Support Analysis
		
Day 5
		
Work Management converts Strategy to Practice
		
Work Identification and Defect Reporting
		
The Importance of Backlog
		
Planning for Quality and Reliability
		
Capacity Planning
		
Scheduling for Efficiency
		
Work Logistics and Preparation
		
Checklists and Practical Aspects Work Quality Control