Plant Asset Management & Reliability
Maximize Asset Performance and Ensure Operational Reliability
[mawa_download_flyer course_id=%_ID%]
Course Schedule
| Date | Venue | Fees (Face-to-Face) | Fees (Online) |
|---|---|---|---|
| 13 – 14 Aug 2025 | Manama, Bahrain | USD 1895 per delegate | USD 800 per delegate |
Course Introduction
Effective asset management is key to maintaining plant performance, ensuring equipment reliability, and reducing lifecycle costs. This focused 2-day course provides practical frameworks, tools, and techniques to optimize asset utilization, enhance reliability, and align maintenance strategies with organizational goals.
Course Objectives
By the end of this course, participants will be able to:
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Understand the principles of asset management and reliability engineering.
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Apply techniques for assessing and improving asset performance.
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Develop and implement effective maintenance strategies.
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Integrate reliability-centered maintenance (RCM) practices.
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Monitor and optimize the lifecycle of plant assets.
Key Benefits of Attending
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Gain practical tools to extend asset life and minimize failures.
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Improve maintenance planning and resource utilization.
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Learn industry best practices for reliability and performance.
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Reduce downtime and improve overall operational efficiency.
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Strengthen decision-making with data-driven asset management.
Intended Audience
This program is designed for:
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Asset managers and plant managers.
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Maintenance and reliability engineers.
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Operations managers and technical supervisors.
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Engineers and professionals involved in asset-intensive industries.
Individual Benefits
Key competencies that will be developed include:
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Asset lifecycle management.
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Maintenance strategy development.
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Failure modes and effects analysis (FMEA).
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Reliability-centered maintenance (RCM).
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Performance monitoring and improvement.
Organization Benefits
Upon completing the training course, participants will demonstrate:
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Improved asset reliability and availability.
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Enhanced maintenance practices and reduced unplanned downtime.
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Better alignment between asset management and business goals.
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Increased return on asset (ROA) and reduced operating costs.
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Stronger data analysis for continuous improvement.
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
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Expert Lectures – Core concepts and principles.
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Case Studies – Real-world applications and lessons learned.
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Interactive Workshops – Applying tools to participants’ contexts.
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Group Discussions – Sharing best practices and solutions.
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Action Planning – Preparing an improvement roadmap.
Course Outline
Detailed 2-Day Course Outline
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Asset Management Foundations
Module 1: Introduction to Asset Management (07:30 – 09:30)
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Definitions and key concepts.
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The role of asset management in business performance.
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Case study: Successful asset management implementation.
Module 2: Reliability Engineering Principles (09:45 – 11:15)
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Basics of reliability and maintainability.
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Understanding failure modes and risks.
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Workshop: Conducting FMEA.
Module 3: Maintenance Strategies (01:00 – 03:30)
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Overview of maintenance approaches (preventive, predictive, RCM).
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Selecting the right strategy for your plant.
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Group activity: Drafting a maintenance improvement plan.
Day 2: Practical Applications and Performance Improvement
Module 1: Performance Monitoring (07:30 – 09:30)
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Key performance indicators (KPIs) for assets.
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Data collection and analysis techniques.
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Workshop: Building a performance dashboard.
Module 2: Optimizing Asset Lifecycles (09:45 – 11:15)
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Asset health monitoring and condition assessment.
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Lifecycle cost analysis.
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Group discussion: Balancing cost, risk, and performance.
Module 3: Action Planning and Improvement (01:00 – 03:30)
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Developing an action plan for your organization.
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Prioritizing initiatives and setting goals.
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Final review and next steps.
Certification
Participants will receive a Certificate of Completion in Plant Asset Management & Reliability, recognizing their mastery of strategies to maximize asset performance and ensure operational excellence.