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

Company

RPMGlobal to showcase innovation and ESG capabilities at MINExpo 2021

Media Coverage

ESG

Mining Monthly: ESG opportunities

Press Release

Software

RPMGlobal advances cloud and electric vehicle simulation capabilities, kicks off development for hydrogen operations

Media Coverage

ESG

Mexico Business News: The Transformation of Mining Through Cloud Software

Media Coverage

ESG

Global Mining Review: Australia: Marching Towards a lower carbon footprint

Press Release

Consulting & Advisory

RPMGlobal builds dedicated ESG mining division with acquisition of Nitro Solutions

Press Release

Software

RPMGlobal adds additional languages to key software offerings

Press Release

Software

RPMGlobal releases short-term financial optimisation product to help miners achieve mine planning compliance

Press Release

Software

RPMGlobal leads effort to decarbonise haulage process with introduction of electrification to simulation platform

Media Coverage

Software

Canadian Mining Journal: Unleashing innovation in mine planning

Press Release

Software

RPMGlobal extends optimisation tool to open pit operations in latest SOT upgrade

Press Release

Software

RPMGlobal introduces industry-first hybrid scheduling functionality

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