Designing Strategies to Assess Critical Asset Failure Risk

Move critical asset failure risk from general awareness to a repeatable, reviewable practice.

📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Where maintenance history on critical asset failure risk is incomplete, every decision becomes a guess. Reactive work on failure risk costs several times what the same job costs when planned. The difficulty is not agreeing that the wider engineering and maintenance work agenda matters — it is deciding what to stop doing to make room for it. The programme uses small-group work so that each participant's treatment of critical asset failure risk is examined, not just described. The course covers the engineering and maintenance work capability at the level of detail needed to act, and stops there. The programme works equally well for those formalising failure risk for the first time and those improving an existing approach. The most reliable predictor of sound critical asset failure risk is whether anyone reviews it when nothing has gone wrong. Participants take away a working set of documents supporting failure risk, ready to be adapted internally. The final session converts the week's work on this area of engineering and maintenance work into commitments with owners and dates.

Expected Learning Outcomes

01

Plan the turnaround scope covering critical asset failure risk realistically.

02

Review contracts and agreements for the obligations they create around failure risk.

03

Build a concise maintenance procedure for critical asset failure risk that colleagues can follow without further explanation.

04

Build a register of the risks attaching to failure risk and keep it current.

05

Manage contractors and shutdown scopes involving critical asset failure risk.

06

Measure maintenance performance on failure risk with indicators that drive behaviour.

07

Establish condition monitoring on critical asset failure risk that gives useful warning time.

Who Should Attend

01

Safety officers reviewing hazards created by work on critical asset failure risk.

02

Inspection and integrity engineers assessing failure risk.

03

Staff seconded into improvement work on critical asset failure risk.

04

Project engineers commissioning assets involved in failure risk.

05

Finance staff assessing maintenance and replacement spend on critical asset failure risk.

06

Technical staff being prepared for supervisory responsibility over failure risk.

Course Modules

01

Critical asset failure risk: planning, scheduling and downtime reduction

2 sessions · 8 points

Session 1Where critical asset failure risk typically breaks, and why

  • Define acceptance criteria for completed work on critical asset failure risk.
  • Record who is competent to work on failure risk and when requalification is due.
  • Choose the maintenance strategy for critical asset failure risk based on failure pattern, not tradition.
  • Set the review interval for failure risk and who attends.

Session 2Keeping failure risk alive after the initial push

  • Assign a criticality rating to critical asset failure risk that drives work order priority.
  • Identify critical spares for failure risk and confirm lead times against consequence.
  • Update drawings and documentation after every modification to critical asset failure risk.
  • Set escalation thresholds for failure risk that work out of hours.
02

Failure risk: condition monitoring and warning time

2 sessions · 8 points

Session 1Inspection intervals for failure risk that are not just habit

  • Define the trigger that would require critical asset failure risk to be redesigned.
  • Set maintenance indicators for failure risk that reward planning rather than heroics.
  • Close out actions on critical asset failure risk rather than leaving them open indefinitely.
  • Build the life cycle cost model supporting repair or replace on failure risk.

Session 2Maintenance indicators for failure risk that change behaviour

  • Confirm isolation and permit requirements before any work on critical asset failure risk.
  • Set inspection intervals for failure risk from condition data where it exists.
  • Benchmark the organisation's critical asset failure risk against comparable operations.
  • Identify single points of dependency in failure risk and reduce them.
03

Failure risk: choosing the right maintenance strategy

2 sessions · 8 points

Session 1Isolating failure risk safely before work begins

  • Verify contractor competence and method statements for critical asset failure risk.
  • Confirm lubrication, alignment and balance standards applied to failure risk.
  • Define the turnaround scope for critical asset failure risk and freeze it before mobilisation.
  • Estimate the resource failure risk requires to run as designed.

Session 2Making critical asset failure risk work when resources are constrained

  • Investigate repeat failures on critical asset failure risk to root cause, not to component.
  • Rank the weaknesses in failure risk by consequence rather than by ease of fixing.
  • Specify condition monitoring on critical asset failure risk that gives usable warning time.
  • Review the last twelve months of maintenance history for failure risk.
04

Failure risk: safe isolation and permit control

2 sessions · 8 points

Session 1Investigating the failure on failure risk that keeps returning

  • Identify the data already collected that bears on critical asset failure risk.
  • Plan the sequence in which improvements to failure risk will be introduced.
  • Compare the cost of critical asset failure risk with the cost of its absence.
  • Verify six months later that changes to failure risk have held.

Session 2Repair or replace: making the case on failure risk

  • Build the competence framework that supports critical asset failure risk.
  • Agree what will be standardised in failure risk and what will not.
  • Remove steps in critical asset failure risk that add effort without adding assurance.
  • Draft the minimum viable maintenance procedure for failure risk.

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.