Asset Management Fundamentals – Perth

This 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.

 

Registration for this course has now closed. Please contact Training for more information

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Press Release

Software

RPMGlobal introduces environmental disturbance reporting capability across its scheduling suite of software

Blog

Software

Connecting Systems and Technology: Dispelling Common Industry Integration Myths

Media Coverage

Consulting & Advisory

RPMGlobal advances the mining industry towards a sustainable future

Media Coverage

Software

Sustainable Software

Blog

Software

Overcoming Planning Non-Compliance: 3 Ways to Succeed at Achieving Conformance to Plan

Press Release

Consulting & Advisory

RPMGlobal grows ESG division with acquisition of Perth-based environmental consultancy

Media Coverage

ESG

RPMGlobal gets pragmatic with mining ESG projections

Press Release

Software

RPMGlobal announces Asset Management centre of excellence in Perth, Western Australia.

Press Release

Software

RPMGlobal transitions two more products into the cloud

Media Coverage

ESG

International Mining: Driving Autonomy Forward

Press Release

Company

RPMGlobal to showcase innovation and ESG capabilities at MINExpo 2021

Media Coverage

ESG

Mining Monthly: ESG opportunities

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