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Certificate in Physical Asset Management

LEORON Professional Development Institute
Program overview
5 days
Diploma / certificate
English
Start dates
Abu Dhabi
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Dubai
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Khobar
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Worldwide
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Program description

Physical Asset Management Certificate Course by LEORON

This Physical Asset Management Certificate Course by LEORON addresses some common questions facing the sector:

  • Why do some organisations manage their assets well, and others do not?
  • Why are some organisations good at keeping costs low, reducing stoppages, spotting trouble, and achieving greater output while others are less successful?
  • How can you learn these things?

This five-day course helps you answer these questions. During the course, you’ll join a group of like-minded people who are unconditionally-guaranteed to come away with the tools they need to competently and profoundly upgrade their asset management practices.

Admission requirements

The Physical Asset Management Certificate course is suitable for:

  • Project, Design & Asset Management
  • Engineering
  • Operations
  • Reliability Engineering
  • Technical Support


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Program content

The training course content for this programme is as follows:

SESSION 1: LEADERSHIP AND CONTROL, MANAGING RISK AND RELIABILITY

Maintenance pyramid of excellence overview:

  • Leadership, control, continuous improvement, quantum leaps
  • Maintenance strategy, managing change, maintenance tactics, MRO materials management and performance measures
  • Assessing an organisation’s current maintenance maturity
  • An approach to prioritising opportunities for improvement
  • Six key steps to planning and scheduling resources effectively
  • Planning exercise
  • Reliability-centered maintenance and failure modes and effects analysis
  • Asset-centric continuous improvement and risk reduction
  • How to successfully implement an RCM programme
  • Strategic cost reduction:
    • What does this really mean in maintenance?
    • What can we realistically achieve?
  • How do we get a committed focus on Maintenance and Asset Management?

SESSION 2: RELIABILITY IMPROVEMENT THROUGH PREVENTIVE MAINTENANCE AND OPTIMAL SPARES STICKING POLICIES

Analysis of Component Failure Data

  • Probability density function
  • Reliability function
  • Hazard function
  • Weibull density
  • Infant mortality
  • Bath-tub curve
  • Dealing with Censored Data, the 3-Parameter Weibull, and the Kolomorgov-Smirnov Test
  • Upper-end censoring
  • Multiply censored group data
  • Estimating the location parameter the Weibull distribution
  • Checking the goodness-of-fit of the distribution
  • Component replacement procedures including Glasser’s Graph
  • Block replacement policies
  • Age-Based Replacement Policy
  • Setting Policies based on safety constraints, cost minimisation and availability-maximisation
  • Repairable systems
  • Exercise in analysing component failure data using the Weibull Distribution:
  • Estimating the Weibull parameters
  • The role of the OREST software Package
  • Spare parts provisioning
  • Fast moving spares
  • Emergency (insurance) spares
  • Case studies in spares provisioning Including line replaceable units (LRUs), cylinder heads, repairable
    electric motors and transformers.

Tuition fees

Tuition fee: $4770

Qualification

Upon successful completion of this Physical Asset Management Certificate course, candidates will receive a Certified Physical Asset Manager qualification.

About this institute

LEORON Professional Development Institute

LEORON is the fastest growing global training institute in the World, having evolved over the past 11 years into a dominant training institute that offers a comprehensive set of training and development solutions to both individuals and businesses.  Our locations...


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Why study at LEORON Professional Development Institute

  • LEORON have worked with some of the largest companies in the World - but importantly we care about the individual. Through our Customer Happiness Team we ensure that everyone who attends a LEORON course has the support before, during and after to ensure their training needs are met.
  • We offer the highest level of training delivery, whether that be in our live-virtual training or in-classroom sessions, with our expert instructors guiding you through everything so that you’re left feeling assured and confident to utilise your new knowledge going forward.

Contact info

LEORON Professional Development Institute

OFFICE 502, JLT
Dubai
UAE

 Show phone number
www.leoron.com


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