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.
Course delivered from Johannesburg, times are South African Standard Time (SAST).
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All courses require a minimum number of participants to proceed.
What is equipment management, equipment management framework, sustainable return on investment, value proposition, and achieving corporate goals.
Introduction to Life Cycle Costing and practical applications of the method.
Equipment life maximised and cost minimised.
Predicting life of equipment in time and diminishing value.
Process development, identifying layers, aligning people / systems / resources, process health, and ongoing refinement.
Dynamic Life Cycle Costing, budgeting, reliability, economic life determination, knowledge database, master data, and maintenance maturity