Risk Based Approach to Asset Integrity
Who should attend?

This training course is suitable for a wide range of professionals but will greatly benefit:

  • Engineering Asset Management & Asset Integrity Management personnel
  • Technical Safety personnel
  • Engineers involved in maintenance and modification projects
  • Inspection and maintenance analysis and planning personnel
  • Project managers and project engineers
  • Technical discipline responsible personnel
  • Reliability engineers & inspectors
  • Maintenance engineers, supervisors & planners
  • Team Leaders/Managers who are responsible for physical asset reliability and integrity
Duration
10 days
Programme Overview
An Asset Integrity Management (AIM) program provides a backbone and incorporates design, maintenance, inspection, process, operations, and management concepts, making optimal return on investments. This highly informative 10-day training course initiates with the concept of Asset Management in the offshore and onshore industry (ISO 55000). It also aims to equip delegates with skills to commission, appraise, review and apply risk-based approach so that organisations can improve the reliability of the assets, reduce maintenance costs and achieve higher levels of safety and environmental integrity over the life cycle of their systems.
Objectives

By the end of this training, participants will be able to:

  • Manage assets in the petroleum industry in a sustainable and safe manner
  • Assess & control Asset Integrity of operational assets in production & process systems
  • Perform integrity management on the topside and subsea systems
  • Realize overall asset process in a system engineering perspective
  • Use of adaptive technologies and techniques in engineering projects
  • Choose systems for reliability and risk improvement
  • Identify functions and appropriate performance standards
  • Anticipate the failed states, failure modes and damage mechanisms of a system
  • Apply maintenance tactics to reduce risk and improve reliability
  • Apply a team-based approach to implement risk and reliability improvement

Methodology
The training course is presented with the support of industrial case studies to deliver the main concepts. Apart from that basic theory, concepts and related standards/regulations/guidelines are explained briefly to point out the AIM related applications in the real life projects. Power point presentations, group discussions, and sharing of project experiences are formally harmonized during the sessions.
Course Outline

This comprehensive training course consists of two modules which can be booked as a 10-Day Training event, or as individual, 5-Day training courses.

Module 1 - Asset Integrity Management for the Petroleum Industry
Module 2 - Risk Reliability Management

Day One: Asset Integrity Management
  • Introduction to the concept of Asset Management& Asset Integrity Management
  • Asset Management Landscape process model
  • The Asset Management System – Asset Management, Policy – Asset Management Strategy – (Strategic) Asset Management, Plans – a line of sight
  • Asset Management roles
  • International standard on Asset Management: ISO 55000
  • Certification
Day Two: Risk & Risk Assessment
  • Approaches Used for Asset Integrity Management
  • Identification & assessment of risk
  • Risk management: using the risk matrix, risk register & hazard log
  • Risk on a business level, system-level and asset level
  • Several methodologies on different levels
  • Contingency planning
Day Three: Risk-Based Maintenance
  • Deterioration: the way assets could fail
  • The seven steps of Risk-Based Maintenance (RBM) / Reliability Centred Maintenance (RCM) incl. Failure Mode Effects & Criticality Analysis
  • Failure behaviour of onshore & offshore systems
  • Choosing the right maintenance task
  • Risk-Based Inspection
  • Practical application
Day Four: Life Cycle Management Aspects
  • The life cycle of an asset
  • Systems Engineering & RAMS specification
  • Operational workflow
  • Lifetime extension
  • Performance measurement / KPI’s
Day Five: The Way Forward: Improvement Plan Workshop
  • Assessment of current Asset Management performance (specific aspects)
  • Drawing up an improvement plan / individual improvement plans to optimize the cost/ benefits
Day Six: Operational Context and Functional Analysis
  • Plant/equipment decomposition
  • Criticality grading
  • Identify primary, secondary functions
  • Determine performance standards and quantify
  • Practical: Perform functional analysis
Day Seven: Failure Analysis
  • Failure modes
  • The concept of ‘reasonably likely’
  • Deterioration and damage mechanisms
  • Physical damage mechanism
  • Practical: Perform Failure Analysis
Day Eight: Failure Effects, Consequences, Probability and Risk
  • Operational and financial risks
  • Safety, health and environmental consequences
  • Hidden failure consequences
  • Practical: Perform Risk Analysis
  • The six failure probability density curves
Day Nine: Risk-based Maintenance Tactics
  • Tactic decision diagram
  • Types of preventive maintenance tactics and how to select appropriate intervals
  • Types of condition-based maintenance tactics how to determine the PF interval
  • Function testing and failure finding and how to determine the interval
  • Practical: Select and define appropriate maintenance tactics
Day Ten: Implement Risk-Based Reliability Management
  • The role of the facilitator
  • Selecting and setting up the review projects
  • Auditing the decision making
  • Implementing the results
  • Post-course assessment



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