Course details

Overview ?

Why Choose this Training Course?

This Decision Analysis for Operation & Maintenance Professionals training course examines techniques for decision analysis with emphasis on prioritization and the decision-making process to be carried out by operation & maintenance professionals. Decision-making is the most central human activity, intrinsic in our biology and done both consciously and unconsciously. We need it to survive. Taking a decision is not just a question of selecting the best alternative. Often one needs to priorities all the alternatives for resource allocation among a portfolio of option, or to examine the effect of changes introduced to initial judgments. We need to set priorities on these solutions according to their effectiveness by considering their benefits, costs, risks, and opportunities, and the resources they need.

This training course will feature:

Breaking a problem down into its constituent parts or components, in the framework of a hierarchy.
Establishing importance or priority to rank the alternatives is a comprehensive & general way to look at the problem in a formal manner.
Application of multi criteria decision-making (MCDM) to practical problems.
Introduction to different operational research & management science methods.
Enhance decision-making with goals and criteria & show how to measure and rank them.

What are the Goals?

By the end of this training course, participants will be able to:

Improve productivity through use of better, timelier information.
Understand how world-class organizations solve common asset management problems.
Optimize planning and scheduling resources, carry out optimized failure analyses.
Optimize asset management budgets by avoidance of unplanned equipment failures in service.
Develop a practical approach of an action plan to utilize these technologies in their own areas of responsibility.

Who is this Training Course for?

This training course is suitable to a wide range of technical professionals but will greatly benefit:

Operation and Maintenance Professionals
Key Operations Supervisors
Internal Improvement Consultants

How will this Training Course be Presented?

This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes hands-on, stimulating experience and using interactive user-friendly decision analysis software. The training course is highly interactive with many discussions and facilitated practice sessions. Key points will be emphasized with case study examples. There will be a combination of presentation sessions and workshops during in this training course.

Outline:

Day One: Introduction to Decision Making

Scope and significance of decisions
The Decision-making process
The concept of best practice through learning from worst practice
Introduction to reliability and Weibull analysis

Day Two: Implementing Multiple Criteria Decision Analysis using the Analytic Hierarchy Process (AHP)

Definition of Decision Analysis
How, and Why, Bad Decisions are Made
Guidelines for Good Decision Analysis
What is AHP?
Benefit/Cost Analysis
Resources Allocation

Day Three: Risk Management through Failure Mode & Effect Analysis (FMEA)

Fault Tree Analysis
Risk Priority Number
The Criticality Matrix
Modelling Reliability of Systems
Series and Parallel Systems
The Redundancy Concept

Day Four: MRP and ERP Systems

What is ERP and how did it develop
What is MRP System
The Bill of Materials
Master Production Schedule

Day Five: Decision Analysis for Optimization of Maintenance Activities

How to get the most of your CMMS?
Benefits that can result from CMMS
Optimum Decisions for Maintenance Policies
Key Features of Next Generation Maintenance Systems
How to transform Data to Decisions

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Day 4

Day 5

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