Provide knowledge of theoretical and practical examples based on practical methods of optimization of the equipment and its maintenance
Identify equipment failures, and the impact on plant reliability
Understand the cost-effectiveness of Preventive / Predictive Maintenance program
Apply techniques of optimization of various maintenance activities
Define criteria for work-crew size, spare parts and equipment replacement
Make the important decision on the basis of the cost and benefit analysis
Incorporate safety objectives to the equipment repair or replacement optimization
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