Plan the decommissioning or life-extension decision for assets involved in asset life cycle management.
Asset Life Cycle Management Techniques
Turn asset life cycle management from a stated policy into a practice your organisation can evidence.
📍 Cairo🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Deferred maintenance and deferred decisions on asset life cycle management both accrue interest. Regulators and insurers increasingly want documented evidence of how cycle management is controlled. Work is grounded in real cases drawn from this area of energy and hydrocarbon operations, which each participant adapts to conditions in their own organisation. Comparative studies of asset life cycle management across sectors find the same handful of failure points recurring. Participants gain a realistic view of what the wider energy and hydrocarbon operations agenda costs and what it returns. Participants leave with a method for cycle management, not a set of opinions about it. The version of asset life cycle management described in the manual and the version practised on the floor tend to diverge over time. The programme works equally well for those formalising cycle management for the first time and those improving an existing approach. It ends with a prioritised list of changes to the energy and hydrocarbon operations capability that the participant is prepared to defend internally.
Expected Learning Outcomes
Test the organisation's response to cycle management under conditions that are less than ideal.
Anticipate the objections that asset life cycle management will attract internally and answer them in advance.
Assess cycle management against the emissions and efficiency targets the organisation has committed to.
Distinguish the parts of asset life cycle management that must be standardised from those that require judgement.
Integrate cycle management with the wider process safety management system.
Establish spare-parts and logistics cover for the critical elements of asset life cycle management.
Who Should Attend
Procurement and contracting staff whose agreements set obligations around asset life cycle management.
Inspection and integrity engineers assessing cycle management.
Process safety and technical safety specialists reviewing asset life cycle management.
Maintenance and reliability engineers supporting cycle management.
Project engineers delivering capital work involving asset life cycle management.
Managers in small and medium organisations who own cycle management alongside other duties.
Course Modules
Asset life cycle management: competence, certification and handover
2 sessions · 8 pointsSession 1Reviewing asset life cycle management when nothing has gone wrong
- Confirm that lessons from asset life cycle management are shared beyond the team that learned them.
- Rank the weaknesses in cycle management by consequence rather than by ease of fixing.
- Verify isolation points for asset life cycle management are proven and documented.
- Identify single points of dependency in cycle management and reduce them.
Session 2The paperwork for cycle management that is actually needed
- Record what was learned when asset life cycle management did not go as planned.
- Rehearse the briefing on cycle management that would follow an incident.
- Check that management of change is applied to every modification of asset life cycle management.
- Confirm that reporting on cycle management reaches the people who can act.
Cycle management: planning, shutdowns and execution windows
2 sessions · 8 pointsSession 1Building the investment case for cycle management that finance will accept
- Establish who is informed, consulted and accountable in asset life cycle management.
- Remove steps in cycle management that add effort without adding assurance.
- Define the trigger that would require asset life cycle management to be redesigned.
- Set escalation thresholds for cycle management that work out of hours.
Session 2What the instrumentation on cycle management is and is not telling you
- Check that the permit regime covering asset life cycle management matches the actual hazard.
- Define the safe operating envelope for cycle management and how deviations are detected.
- Map the handovers in asset life cycle management between functions and secure them.
- Model the economics of cycle management at low, base and high price cases.
Cycle management: environmental obligation and emissions
2 sessions · 8 pointsSession 1Where cycle management typically breaks, and why
- Anticipate the objections asset life cycle management will raise and prepare the answers.
- Confirm that contractual obligations around cycle management are understood.
- Identify the data already collected that bears on asset life cycle management.
- Establish the alarm philosophy applying to cycle management and remove nuisance alarms.
Session 2Competence and handover on asset life cycle management when experienced staff leave
- Set the trigger for a life-extension versus replacement study on asset life cycle management.
- Review incident and near-miss history involving cycle management.
- Verify emergency response arrangements cover the scenarios asset life cycle management can create.
- Review the instrumentation on cycle management for coverage gaps.
Cycle management: economics, price exposure and investment case
2 sessions · 8 pointsSession 1Deciding between life extension and replacement for cycle management
- Identify the failure modes of asset life cycle management with the highest consequence.
- Set out the decisions in cycle management that require sign-off and by whom.
- Arrange the handover of asset life cycle management so capability survives staff changes.
- Distinguish symptoms from causes when cycle management underperforms.
Session 2What the last incident involving cycle management should have taught us
- Confirm handover documentation for asset life cycle management is complete and current.
- Identify critical spares for cycle management and confirm lead times.
- Assess the emissions and discharge attributable to asset life cycle management.
- Plan the cycle management scope so it fits the available shutdown window.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.