Calculate life cycle cost for digital twins in asset management and support repair-versus-replace decisions.
Digital Twins and Their Role in Engineering Asset Management
Build a working method for digital twins in asset management that stands up to scrutiny and survives daily pressure.
📍 Abu Dhabi🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Maintenance budgets are cut on digital twins in asset management in good years and paid for in bad ones. Spares strategy for asset management is an availability decision disguised as a cost decision. The result is the confidence to make and defend decisions about this aspect of engineering and maintenance work under scrutiny. It is designed for mixed groups, so that digital twins in asset management is examined from more than one functional angle. Exercises escalate in difficulty, ending with the ambiguous situations that make the engineering and maintenance work capability hard in practice. The version of asset management described in the manual and the version practised on the floor tend to diverge over time. Field experience suggests that the barrier to better digital twins in asset management is rarely technical. It treats asset management as an operating discipline and equips participants to run it as one. Participants leave with a plan for this part of engineering and maintenance work sized to what their organisation can realistically absorb.
Expected Learning Outcomes
Communicate the purpose of asset management to those who have to comply with it.
Build the competence framework for technicians working on digital twins in asset management.
Design a training and briefing approach that sustains competence in asset management.
Measure maintenance performance on digital twins in asset management with indicators that drive behaviour.
Define the spares holding for asset management against lead time and consequence.
Apply a repeatable review cycle to digital twins in asset management and act on what it produces.
Who Should Attend
Spares and stores controllers supporting digital twins in asset management.
Technical staff being prepared for supervisory responsibility over asset management.
Engineering supervisors allocating work on digital twins in asset management.
Safety officers reviewing hazards created by work on asset management.
Inspection and integrity engineers assessing digital twins in asset management.
Team leaders and supervisors who put asset management into practice day to day.
Course Modules
Digital twins in asset management: failure modes, consequence and criticality
2 sessions · 8 pointsSession 1Investigating the failure on digital twins in asset management that keeps returning
- Map the handovers in digital twins in asset management between functions and secure them.
- Record who is competent to work on asset management and when requalification is due.
- Decide what will be stopped to create capacity for digital twins in asset management.
- Specify condition monitoring on asset management that gives usable warning time.
Session 2Moving asset management from approval to execution
- Identify critical spares for digital twins in asset management and confirm lead times against consequence.
- Confirm lubrication, alignment and balance standards applied to asset management.
- Estimate the true cost of one hour of unplanned downtime on digital twins in asset management.
- Build the competence framework that supports asset management.
Asset management: safe isolation and permit control
2 sessions · 8 pointsSession 1What to measure in asset management and what to ignore
- Establish what evidence demonstrates digital twins in asset management is under control.
- Choose the maintenance strategy for asset management based on failure pattern, not tradition.
- Build the life cycle cost model supporting repair or replace on digital twins in asset management.
- Compare the cost of asset management with the cost of its absence.
Session 2Building lasting competence in asset management
- Agree what will be standardised in digital twins in asset management and what will not.
- Name a single owner for each element of asset management.
- Build the internal briefing that explains digital twins in asset management to those affected.
- Define acceptance criteria for completed work on asset management.
Asset management: life cycle cost, repair versus replace
2 sessions · 8 pointsSession 1Isolating asset management safely before work begins
- Record the rationale for each significant choice made about digital twins in asset management.
- List the credible failure modes of asset management and the consequence of each.
- Plan the sequence in which improvements to digital twins in asset management will be introduced.
- Arrange the handover of asset management so capability survives staff changes.
Session 2Repair or replace: making the case on digital twins in asset management
- Confirm that those complying with digital twins in asset management understand why it exists.
- Set maintenance indicators for asset management that reward planning rather than heroics.
- Assign a criticality rating to digital twins in asset management that drives work order priority.
- Confirm isolation and permit requirements before any work on asset management.
Asset management: choosing the right maintenance strategy
2 sessions · 8 pointsSession 1Controlling turnaround scope on asset management
- Agree the smallest change to digital twins in asset management that would be visibly useful.
- Write down the assumptions underpinning the approach to asset management.
- Distinguish symptoms from causes when digital twins in asset management underperforms.
- Identify the data already collected that bears on asset management.
Session 2Keeping drawings for asset management current after modification
- Define the turnaround scope for digital twins in asset management and freeze it before mobilisation.
- Review the last twelve months of maintenance history for asset management.
- Verify contractor competence and method statements for digital twins in asset management.
- Calculate the ratio of planned to reactive work on asset management.
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.