Life Cycle Costing of Large Mining Equipment – Brisbane

This two-day course provides participants with a solid foundation in the application of life cycle costing (LCC) methods to mining plant and equipment. It focuses on teaching participants how to use LCC principals to solve real world problems and to assess investments using reliability financial modelling and sensitivity analysis.

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Please complete form below to register, seats are limited.

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

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

Find out how RPMGlobal are supporting enterprise organisations with a scheduling solution that has the ability to identify the optimal strategy for multi-site operations over multiple periods.

Fundamentals of life cycle costing

What is Life Cycle Costing (LCC), practical applications of the LCC method, and terms & definitions.

Building & validating models

Model structure / maintenance strategy, condition based maintenance (purpose, method, LCC, maintenance strategy), process for model development, and validating models.

Incorporating risk

Understanding the asset operating context, key risk drivers, and identify & evaluate risk.

Investment analysis

Types of investment analysis, net present value, and equivalent unit cost (EUC).

Practical applications

Budgeting & forecasting, equipment selection / bids / assessments, dynamic life cycle costing, strategy optimisation, and replace verse rebuild decisions.

Bringing it all together

Discuss real world situations bringing together the different elements of LCC presented during the course

Learn how to build LCC models from first principals.
Understand how to validate and compare LCC models.
Know how to determine optimal asset disposal points.
Learn how to incorporate risk into LCC models.
Understand how to measure actual performance against a baseline.
Know how to use LCC as a maintenance decision support tool.

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

Life Cycle Costing of Large Mining Equipment – Brisbane

Register

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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

EnviroDataVault to Tackle Environmental Transparency

Supporting the industry to become Carbon Literate

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

Course content

Fundamentals of life cycle costing

Building & validating models

Incorporating risk

Investment analysis

Practical applications

Bringing it all together

Learning outcomes

Who is the course for?