Certificate in Physical Asset Management

Event Information

Share this event

Date and Time

Location

Location

Abu Dhabi

United Arab Emirates

View Map

Event description

Description

COURSE OVERVIEW

Physical Asset Management can reduce maintenance costs, increase the economic life of capital equipment, reduce company liability, increase the reliability of systems and components, and reduce the number of repairs to systems and components.
When properly executed, it can have a significant impact on an organization’s bottom line. This five-day program has been designed to help managers care for their assets efficiently and effectively through sound and timely decision-making. This certificate program gives participants the tools and methodologies necessary to achieve maintenance excellence in your organization.

5 KEY TAKE AWAYS

1. Assessing your organization’s asset management maturity level, setting goals, analyzing gap, and develop road map to close the gap
2. Developing right and optimum maintenance, reliability, and asset management strategies most suitable for your organization
3. Learn how to manage and optimize your spare parts costs
4. Calculate economic life of your expensive assets
5. Find the right inspection and PM intervals for your critical equipment

LEARNING OUTCOMES

»» How to assess you organization’s MAINTENANCE MATURITY and dynamics that govern your maintenance
function and organization.
»» How to PRIORITIZE opportunities within your maintenance organization
»» What are the KEY FINANCIAL INFLUENCES of asset management KEY METRICS for asset management
»» LEADING PRACTICES in Asset Management
»» The value of properly executed PLANNING AND SCHEDULING
»» The value of Reliability Centered Maintenance (RCM2)
»» The need to consider PEOPLE as the major component of a successful Asset Management program
»» TECHNOLOGY TRENDS in Asset Management
»» An approach to Total Asset Life-cycle Management (TLAM)
»» Key INITIATIVES TO TAKE BACK to your organization to improve your Asset Management
»» WHEN TO BUY a new asset
»» Identifying the best buy
»» Why you should incorporate THE TIME VALUE OF MONEY when establishing the economic life of an asset
»» How to arrive at the economic life of an asset where its UTILIZATION DECLINES as it ages
»» What approaches to use for monitoring the performance of an individual asset
»» The answer to optimizing the REPAIR-OR-REPLACE decision
»» How to work with AGE/CON and PERDEC to PERFORM ECONOMIC LIFE CALCULATIONS
»» How TAX CONSIDERATIONS influence the economic life of an asset
»» Whether or not to take advantage of a TECHNOLOGICALLY IMPROVED asset
»» How to predict future O & M costs when there are little data available

For more details about the program, feel free to get in touch at goran.m@leoron.com or call us toll-free at tel: +971 800 536766

Share with friends

Date and Time

Location

Abu Dhabi

United Arab Emirates

View Map

Save This Event

Event Saved