This course aims to equip participants with the skills and knowledge to make effective and efficient decisions regarding equipment maintenance and replacement, contributing to the overall productivity and profitability of their organization.
This comprehensive course explores the principles of equipment maintenance and the factors influencing replacement decisions. It covers topics such as preventive maintenance, predictive maintenance, life cycle cost analysis, replacement strategies, and risk management. Participants will learn how to balance costs, benefits, and risks to optimize equipment utilization and longevity.
Target Group
The target group includes professionals in maintenance, operations, asset management, and financial roles who are involved in decisions about equipment maintenance and replacement in their organizations. This course is designed for:
Maintenance managers, engineers, and supervisors responsible for maintaining organizational equipment.
Financial analysts involved in capital investment decisions.
Professionals in operations and production roles responsible for equipment uptime and productivity.
Asset management professionals.
Goals
Understand the principles of equipment maintenance and its importance in organizational productivity.
Apply preventive and predictive maintenance strategies to minimize equipment downtime.
Conduct life cycle cost analysis to support maintenance and replacement decisions.
Develop effective replacement strategies considering operational requirements and financial constraints.
Understand and apply risk management in maintenance and replacement decisions.
Use data and analytics to enhance equipment maintenance and replacement decisions.
Target Competencies
Equipment Maintenance Strategies
Preventive and Predictive Maintenance
Life Cycle Cost Analysis
Equipment Replacement Strategies
Risk Management in Maintenance Decisions
Data Analytics in Equipment Maintenance
Outlines
Equipment Maintenance Principles
Understanding the role and importance of equipment maintenance.
Exploring different maintenance strategies and their applicability.
Balancing maintenance costs and benefits.
Role of maintenance in equipment life cycle.
Preventive and Predictive Maintenance
Understanding preventive maintenance and its benefits.
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