Asset Management Fundamentals – Brisbane

This one-day course provides participants with a solid foundation in the fundamental principles of asset management. It focuses on developing skills on how to apply complete equipment management programs for mining plant and equipment. Particular attention is given to key operating variables and local conditions, and how these factors influence asset cost.

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From insight to action – Mine Maintenance

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Equipment management fundamentals

What is equipment management, equipment management framework, sustainable return on investment, value proposition, and achieving corporate goals.

Understanding life cycle costing

Introduction to Life Cycle Costing and practical applications of the method.

Economic life determination

Equipment life maximised and cost minimised.

Residual value in major components

Predicting life of equipment in time and diminishing value.

Establishing a framework

Process development, identifying layers, aligning people / systems / resources, process health, and ongoing refinement.

Bringing it all together

Dynamic Life Cycle Costing, budgeting, reliability, economic life determination, knowledge database, master data, and maintenance maturity

Learn how to align asset management with organisational objectives.
Increase knowledge in how to create a lowest production cost culture.
Understand effective techniques and philosophies to manage equipment.
Learn how to create and apply life cycle costing models.
Understand and practically apply reliability concepts.
Know how to perform asset management maturity reviews.
Learn how to prioritise asset management improvement strategies.

Maintenance Managers and Engineers
Cost Analysts
Purchasing and Supply Chain
Equipment Manufacturers and Dealers
Production Professionals
Suppliers and Financial Analysts

Course Details Download PDF

Asset Management Fundamentals – Brisbane

Register

RPMGlobal Mining Advisory Division to Become Part of SLR Consulting Featured in International Mining

RPMGlobal Launches Latest Evolution with XERAS Cloud

RPMGlobal’s XERAS Cloud Launch featured in Mining Technology

RPMGlobal’s FleetOptimiser Solution Featured in International Mining

EnviroDataVault to Tackle Environmental Transparency

Supporting the industry to become Carbon Literate

Solving major industry challenges with multi-site, multi-period optimisation

Commitments with confidence

From insight to action – Mine Maintenance

Splashback Acquisition Grows RPMGlobal’s Sustainability Suite

RPMGlobal Announces Key Advisory Partnerships in Chile & Brazil

RPMGlobal Releases the Next Generation of Automated Pit Design

Course content

Equipment management fundamentals

Understanding life cycle costing

Economic life determination

Residual value in major components

Establishing a framework

Bringing it all together

Learning outcomes

Who is the course for?