Short Course

Developing Whole-Of-Life Equipment Strategies

Courses > Asset Management > 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

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

Download

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.

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