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DATE
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VENUE
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FEES
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REGISTRATION
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26 Jan - 28 Jan, 2015 |
Kuala Lumpur, Malaysia |
SGD 3195 |
Closed |
Following information: Venue at
Kuala Lumpur, Malaysia
| Training Date from
26 Jan 2015 till
28 Jan 2015
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COURSE LEVEL
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DURATIONS
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Early Bird Discount
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Standard Price
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INTERMEDIATE
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3
day/s
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SGD 2995 Purchase it before
05 Dec 2014
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SGD 3195
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WORKSHOP OVERVIEW
An introduction to
elements of the new ISO55000, learn the best practices in maintenance cost and
decision-making to reduce expenses, traceability, and the different tactics to
reduce energy, downtime and labour costs.
Conducting maintenance costs money, and
therefore it is all the more important that a maintenance function strives for
costs reduction, while meeting business objectives at the same time. The new ISO 55000 for Asset Management requires
that companies develop defensible maintenance budgets and that assets must
deliver value. Additionally, decisions made must be traceable and audible.
This 3-day practical workshop will cover all aspects of cost
management.
You will learn different maintenance
costs, how to develop maintenance budgets, and a performance management system
designed for an organization. To emphasized application, participants will be
involved in practical exercises on evaluating different options for an
improvement project using life cycle principles.
WHAT WILL YOU LEARN?
- Introduction
and implementation of ISO 55000
- How to
evaluate projects in financial terms
- How to
evaluate different options proposed using life cycle costing concepts
- Understand
tactics to reduce unreliability, energy, spares and labour costs
- Structured
decision-making based on business drivers
- Building
a defensible business budget that confirms to ISO 55000 Asset Management
system
- How to
prioritize which project to implement
- Explore,
apply and benchmark international case-studies, examples, and best
practices strategies that can be used immediately at work
PROGRAMME
- Introduction to cost management
- Outline of ISO 55000 and the requirements for cost management
- Budgeting formats
- Creating the defensible budget
- Whole life costing
- Different decision models
- Financial metrics for evaluating projects
- Reducing costs of unreliability
- Reducing costs through PM optimization
- Reducing stock holding, energy and manpower costs
- Reducing turnaround and shutdown costs
- RAM modelling
- Cost performance management system
AUDIENCE
- Plant managers
- Maintenance managers, planners and engineers
- Reliability engineers
- Project engineers and managers
- Financial personnel
- Managers, engineers and supervisors in charge
of budget and cost control
- Anyone spending money to carry out maintenance
For details, information on facilitator and the full
course outline, please refer to the complete brochure below.
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