Designing Strategies to Reduce Operating Costs of Large Facilities

Build a working method for facility operating cost reduction that stands up to scrutiny and survives daily pressure.

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

Course Overview

The reliability of facility operating cost reduction is decided at design and procurement, long before the first breakdown. Spares strategy for cost reduction is an availability decision disguised as a cost decision. Cases are chosen to expose the trade-offs in the wider engineering and maintenance work agenda rather than to illustrate ideal conditions. Practitioner evidence points the same way: facility operating cost reduction improves fastest where responsibility for it is named and owned. The programme is built to be used, and every section of this area of engineering and maintenance work it covers ends in something applicable. It suits anyone whose decisions touch cost reduction, in large organisations and small ones alike. Plans for facility operating cost reduction often fail at the handover point between functions. The outcome is a practitioner who can hold a position on cost reduction and revise it on evidence. It ends with a prioritised list of changes to this strand of engineering and maintenance work that the participant is prepared to defend internally.

Expected Learning Outcomes

01

Determine the failure modes of facility operating cost reduction and the consequence of each.

02

Set a realistic target state for cost reduction and a defensible route to it.

03

Calculate life cycle cost for facility operating cost reduction and support repair-versus-replace decisions.

04

Estimate what cost reduction costs to run properly, and what is lost when it is not.

05

Select the maintenance strategy for facility operating cost reduction — run to failure, preventive, or condition-based — on evidence.

06

Plan the turnaround scope covering cost reduction realistically.

07

Verify that improvements to facility operating cost reduction have held six months after they were introduced.

Who Should Attend

01

Finance staff assessing maintenance and replacement spend on facility operating cost reduction.

02

Spares and stores controllers supporting cost reduction.

03

Engineering supervisors allocating work on facility operating cost reduction.

04

Compliance and governance staff whose remit includes cost reduction.

05

Specialists advising senior management on facility operating cost reduction.

06

Inspection and integrity engineers assessing cost reduction.

Course Modules

01

Facility operating cost reduction: inspection, testing and acceptance criteria

2 sessions · 8 points

Session 1Reading the current state of facility operating cost reduction honestly

  • Review the last twelve months of maintenance history for facility operating cost reduction.
  • Update drawings and documentation after every modification to cost reduction.
  • Reduce the variation in how facility operating cost reduction is carried out between teams.
  • Rank the weaknesses in cost reduction by consequence rather than by ease of fixing.

Session 2Controlling turnaround scope on cost reduction

  • Calculate the ratio of planned to reactive work on facility operating cost reduction.
  • Test the procedure for cost reduction against a realistic scenario.
  • Estimate the true cost of one hour of unplanned downtime on facility operating cost reduction.
  • Verify contractor competence and method statements for cost reduction.
02

Cost reduction: safe isolation and permit control

2 sessions · 8 points

Session 1Spares for cost reduction: lead time against consequence

  • Investigate repeat failures on facility operating cost reduction to root cause, not to component.
  • Identify critical spares for cost reduction and confirm lead times against consequence.
  • Draft the minimum viable maintenance procedure for facility operating cost reduction.
  • Set escalation thresholds for cost reduction that work out of hours.

Session 2What has to be agreed before work on cost reduction starts

  • Arrange the handover of facility operating cost reduction so capability survives staff changes.
  • Decide what will be stopped to create capacity for cost reduction.
  • Choose the maintenance strategy for facility operating cost reduction based on failure pattern, not tradition.
  • Confirm that reporting on cost reduction reaches the people who can act.
03

Cost reduction: planning, scheduling and downtime reduction

2 sessions · 8 points

Session 1Repair or replace: making the case on cost reduction

  • Identify where judgement in facility operating cost reduction is legitimate and where it is not.
  • List the credible failure modes of cost reduction and the consequence of each.
  • Plan the sequence in which improvements to facility operating cost reduction will be introduced.
  • Specify condition monitoring on cost reduction that gives usable warning time.

Session 2How facility operating cost reduction actually fails, and how much warning you get

  • Agree the indicators that will show whether facility operating cost reduction is improving.
  • Agree what will be standardised in cost reduction and what will not.
  • Establish who is informed, consulted and accountable in facility operating cost reduction.
  • Build the life cycle cost model supporting repair or replace on cost reduction.
04

Cost reduction: history, documentation and competence

2 sessions · 8 points

Session 1Isolating cost reduction safely before work begins

  • Define acceptance criteria for completed work on facility operating cost reduction.
  • Map the handovers in cost reduction between functions and secure them.
  • Assess energy loss attributable to the condition of facility operating cost reduction.
  • Assign a criticality rating to cost reduction that drives work order priority.

Session 2What to measure in cost reduction and what to ignore

  • Set maintenance indicators for facility operating cost reduction that reward planning rather than heroics.
  • Confirm that those complying with cost reduction understand why it exists.
  • Set inspection intervals for facility operating cost reduction from condition data where it exists.
  • Build the competence framework that supports cost reduction.

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.