RISK-BASED MAINTENANCE WORKSHOP
“Optimizing Maintenance Strategies by Prioritizing Risk and Asset Criticality”
Course Schedule
| Date | Venue | Fees (Face-to-Face) |
|---|---|---|
| 04 – 05 Mar 2025 | Kuala Lumpur, Malaysia | USD 1995 per delegate |
Course Introduction
Traditional maintenance approaches often treat all assets equally, leading to over-maintenance of low-risk components and under-maintenance of critical ones. Risk-Based Maintenance (RBM) provides a smarter alternative—focusing resources where failure would have the greatest operational, safety, or financial impact.
This practical 2-day workshop equips engineers, maintenance planners, and reliability professionals with a structured methodology for assessing asset risk, determining criticality, and applying the right maintenance strategy for each asset class. Using real-world examples and tools, participants will learn how to optimize maintenance plans while ensuring compliance, safety, and performance.
Course Objectives
By the end of this course, participants will be able to:
• Understand the principles and framework of risk-based maintenance
• Identify asset risks based on failure consequences and likelihood
• Use asset criticality analysis to prioritize maintenance activities
• Integrate RBM into maintenance planning, scheduling, and execution
• Apply continuous improvement techniques using reliability data
Key Benefits of Attending
• Reduce downtime and unnecessary maintenance through better risk targeting
• Ensure compliance and safety by focusing on high-risk equipment
• Learn to balance cost, risk, and performance in maintenance decisions
• Gain tools to assess asset health, failure modes, and criticality
• Improve collaboration between operations, maintenance, and engineering
Intended Audience
This program is designed for:
• Maintenance engineers and planners
• Reliability and asset integrity professionals
• Operations and plant managers
• Technical inspectors and maintenance supervisors
• Anyone involved in maintenance strategy, planning, or risk management
Individual Benefits
Key competencies that will be developed include:
• Risk assessment and failure mode identification
• Maintenance strategy selection (PM, PdM, CBM, RTF, etc.)
• Criticality analysis and prioritization
• Decision-making using risk and reliability data
• Application of RBM in CMMS and maintenance workflows
Organization Benefits
Upon completing the training course, participants will demonstrate:
• Reduced equipment failure and maintenance-related downtime
• Lower total maintenance cost through better prioritization
• Improved asset reliability and safety compliance
• Increased alignment of maintenance with business risk
• Enhanced cross-functional decision-making and planning
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – RBM models, standards (ISO 31000, ISO 55000), and best practices
• Case Studies – Industry examples of RBM implementation and results
• Workshops – Failure Mode Effects Analysis (FMEA), criticality ranking, and maintenance strategy mapping
• Peer Exchange – Collaborative review of risk scenarios and mitigation plans
• Tools – RBM matrix templates, risk registers, and criticality assessment checklists
Course Outline
Training Hours: 07:30 AM – 03:30 PM
Daily Format: 3–4 Learning Modules | Coffee Breaks: 09:30 & 11:15 | Lunch Break: 01:00 – 02:00
Day 1: Fundamentals of Risk-Based Maintenance
Module 1: Introduction to RBM (07:30 – 09:30)
• Definitions and benefits of risk-based maintenance
• RBM vs traditional and preventive maintenance
• Industry drivers for adopting RBM
Module 2: Asset Criticality and Risk Assessment (09:45 – 11:15)
• Risk matrices: consequence vs likelihood
• Categorizing assets by operational impact
• Data requirements and sources
Module 3: Failure Modes and Consequence Analysis (11:30 – 01:00)
• Identifying failure modes and failure effects
• Linking failure modes to maintenance actions
• Use of FMEA and RCA in RBM planning
Module 4: Workshop – Asset Risk Profiling (02:00 – 03:30)
• Group exercise on ranking asset risk and criticality
Day 2: RBM Strategy Development and Execution
Module 5: Selecting the Right Maintenance Strategy (07:30 – 09:30)
• Preventive vs predictive vs condition-based vs run-to-failure
• Strategy selection using asset risk profiles
• Cost-benefit considerations in decision-making
Module 6: Implementing RBM in Practice (09:45 – 11:15)
• Integrating RBM into planning and scheduling
• Communicating priorities across departments
• Using CMMS/EAM systems for RBM execution
Module 7: Monitoring and Continuous Improvement (11:30 – 01:00)
• KPIs for RBM effectiveness (MTBF, MTTR, risk exposure)
• Reviewing and updating risk profiles
• Auditing and optimizing maintenance strategies
Module 8: Final Workshop – RBM Action Planning (02:00 – 03:30)
• Participants develop RBM plan for selected assets
• Peer feedback and action planning
Certification
Participants will receive a Certificate of Completion in Risk-Based Maintenance, confirming their ability to assess asset risk, prioritize maintenance activities, and implement a structured RBM program in their organization