Short Course

Developing Whole-Of-Life Equipment Strategies

Overview

Repair or Replace? What is the economic life of your major assets? Will you have the capital funds when you need them? By creating whole-of-life Equipment Strategies through to detailed maintenance plans, you can have line-of-sight of your total cost of ownership.

Duration

1 Day

Location

Delivered at one of Competency Training’s national training centres or at a clients facility.

Price

Contact info@verbrec.com for pricing.

Dates

Contact info@verbrec.com for availability and bookings.

Attention EMPLOYERS:

Need this training contextualised to your site/business?

Customised Course Development Available

Course Outline

Repair or Replace? What is the economic life of your major assets? Will you have the capital funds when you need them? By creating whole-of-life Equipment Strategies through to detailed maintenance plans, you can have line-of-sight of your total cost of ownership.

WHO SHOULD ATTEND

Those involved in the selection or replacement of major assets, or those involved in establishing long-term maintenance budgets and plans.

Course Brochure

Outcomes

  • Principles of total cost of ownership
  • Zero-based budgeting (ZBB)
  • Estimated Economic Life of Assets / Capital Replacement
  • Forecasts
  • What makes equipment critical?
  • Defining equipment criticality in your organisation
  • The difference between criticality and risk
  • Reliability Centred Maintenance (RCM)
  • Risk Based Inspection (RBI)
  • Systems Configuration
  • Information Management
  • Developing Facility or Equipment Asset Management Plans
  • Developing Maintenance Plans
  • Developing Work Instructions

Prerequisites

This course builds on the fundamentals described in the course: ‘Implementing Asset Management – Creating a Strategic Asset Management Plan’ course, but is not a prerequisite.

Course Pathway Options

This course can be delivered at a client’s site, and practical activities can be customised to reflect the client’s own situation and requirements.

Please contact info@verbrec.com for information and pricing on this option.

Need help finding the right course?

Was a great teacher and a very friendly people person, will be recommending courses to my company.
(EEHA Student)
There is more than enough in the course content to make sure we walk away qualified.
Stuart Grant
(Cert IV Instrumentation Student)
Instructor was very knowledgeable and informative. Would definitely recommend him
The trainers were fantastic trainers. Very in depth and extremely knowledgeable in their field. Made everything easy to understand and applied to real world scenarios
Teacher was excellent, very knowledgeable, very personable, didn’t shut people down. Absolute 10/10. When training people to be an assessor he should be the model they learn how to be like.
Fantastic course content led by a great teacher. Very happy, and I feel that I have learnt a lot in the week.
(EEHA Student)
The trainer has vast experience and knowledge. I highly recommend him to anyone completing EEHA training
I’ve done this course a number of times and it can sometimes drag. The trainer made the course enjoyable and relevant to my job. I found his way of presenting easy to understand and he had a wealth of knowledge and experience that we could relate back to our own workplace.
Instructor new his subject mater very good
Good class engagement with all participants. Great subject matter knowledge. Overall wonderful experience.
The trainer was an extremely knowledgeable instructor. His delivery of the course was outstanding and he is very friendly and approachable.
(EEHA Student)
Great course. Will highly recommend to other staff. Trainer was great and very welcoming.
(EEHA Student)

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