Asset Management Fundamentals – Perth

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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We are currently only taking expressions of interest for this course, next dates will be early 2026.

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RPMGlobal’s AMT Solution Featured in Australian Mining

Explore how RPMGlobal's AMT (Asset Management Tool) optimises operational efficiency and reduces downtime and costs.

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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 – Perth

Register

RPM’s services across the mining value chain, focus on innovation, and global project support

RPMGlobal featured in International Mining’s MINExpo 2024 preview

RPMGlobal and Scope Systems Partnership Featured in International Mining

RPMGlobal and SLR enter agreement for SLR to acquire the Mining Advisory division of RPMGlobal

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

RPMGlobal’s AMT Solution Featured in Australian Mining

RPMGlobal Releases Major Update to AMT With New AI Insights to Drive Maintenance Performance

RPMGlobal’s Major New AMT Update with AI Insights featured in Mining Technology

RPMGlobal’s AMT 9 Featured in International Mining

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?