This training course is suitable for a wide range of technical professionals but will greatly benefit:
Operation and Maintenance Professionals
Key Operations Supervisors
Internal Improvement Consultants
Duration
5 Days
Programme Overview
This comprehensive 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 prioritize all the alternatives for resource allocation among a portfolio of an 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
Objectives
By the end of this training course, participants will be able to:
Improve productivity through the use of better, timelier information
Understand how world-class organisations solve common asset management problems
Optimise planning and scheduling resources, carry out optimised failure analyses
Optimise asset management budgets by avoidance of unplanned equipment failures in service
Develop a practical approach of an action plan to utilise these technologies in their own areas of responsibility
Methodology
This training course will utilise 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 discussion and facilitated practice sessions. Key points will be emphasised with case study examples. There will be a combination of presentation sessions and workshops during in this course.
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
Case Studies and Group Exercises
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
Practical Examples
Case Studies and Group Exercises
Day Five: Decision Analysis for Optimisation 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
