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Course Code: MRMC 706
62 Course Visits
Asset Performance Management Best Practices
Course Sector:
Maintenance & Reliability Management
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Cape Town, South Africa $4,950
02
5 Days
Dubai, UAE $4,250
Introduction
Training course introducion / brief
This five-day course provides a comprehensive exploration of best practices in Asset Performance Management (APM). Participants will learn the importance of APM and its impact on organizational success, delve into data management and analytics, and develop maintenance strategies to enhance asset reliability. The course also covers risk management techniques and the integration of APM into organizational strategy. Through a mix of theoretical insights, practical applications, and real-world case studies, attendees will be equipped with the knowledge and tools to implement effective APM practices within their organizations.
Course Objectives
At the end of the training course, participants will be able to
- Recognize the fundamental principles and significance of Asset Performance Management (APM) in enhancing organizational efficiency.
- Gain expertise in managing and analyzing asset data to drive performance improvements and decision-making.
- Develop robust maintenance strategies that ensure the reliability and longevity of critical assets.
- Apply effective risk management practices to mitigate potential asset-related threats and ensure compliance.
- Integrate APM into the broader organizational strategy, fostering a culture of continuous improvement and excellence in asset management.
Course Audience
Who is this course for, and can benefit the most
This course is intended for asset managers, maintenance professionals, engineers, and organizational leaders responsible for the performance and management of physical assets.
Course Outline
The course aims and learning outcomes
Introduction to Asset Performance Management (APM)
- Definition and scope of APM
- Importance of APM in organizational success
- Key components of APM
- Lifecycle management of assets
- Benefits of implementing APM
- Current trends in APM
- Case studies on successful APM implementation
Asset Data Management and Analytics
- Data collection methods for asset performance
- Importance of data accuracy and integrity
- Data analytics techniques for APM
- Predictive analytics and machine learning applications
- Using IoT and sensors in asset data management
- Data visualization and reporting tools
- Case studies on data-driven APM
Maintenance Strategies and Reliability
- Preventive vs. predictive maintenance
- Reliability-centered maintenance (RCM)
- Condition-based maintenance (CBM)
- Developing maintenance schedules
- Asset reliability and availability metrics
- Root cause analysis for asset failures
Risk Management in Asset Performance
- Identifying and assessing asset-related risks
- Risk mitigation strategies for asset management
- Developing a risk management framework
- Safety and compliance in asset management
- Business continuity planning for critical assets
- Role of insurance in asset risk management
Integrating APM into Organizational Strategy
- Aligning APM with business objectives
- Building a culture of asset performance excellence
- Training and development for APM
- Utilizing software solutions for APM integration
- Performance measurement and KPIs for APM
- Continuous improvement in APM practices
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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