M560

Reliability-Based Program Planning and Implementation in Asset Management

Learn Asset Performance Management ( APM )

M560 provides a Reliability-based Asset Management planning framework focusing on the reliability methods and tools that support the needs of maintenance planning and Asset Performance Management (APM). It teaches how to apply proven reliability methods to each step in the Equipment Life Cycle process (Acquire/Create, Utilize/Maintain, Renew/Dispose) through hands-on examples.

M560 presents concepts and software that you could use to help your organization:

  • Gain an understanding of the methods, terms and metrics used in reliability, when to apply particular tools during different stages of asset management and the associated benefits and drawbacks of each.
  • Implement a holistic reliability-based process in asset performance management environments and leverage the benefits of this process.
  • Build an effective reliability culture within the organization and help to determine what needs to be added or improved in your APM initiatives.
  • Evaluate your strengths in each methodology, which will serve as a guide for any additional skills you may need to acquire or augment.
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Course Outline

Introduction

  • Overview of reliability engineering activities, tools and methods

Duration: 3 days

CEUs: 2.1 CRP Credits: 5

Course Prerequisites

Assumes Basic Knowledge Of

  • Undergraduate Algebra
  • Elementary Calculus
  • Probability and Statistics

Recommended Prior Course(s)

Alternative/Similar Course(s)

Next Recommended Course

  • Any course based on interest

Software Used

Computer Required for Course
Plan to install and explore the course software prior to attending.

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Acquire/Create Phase Activities

  • Creating a plan outlining the sequential activities, and their dependencies, that will be undertaken during the maintenance planning and implementation process
  • Identifying the data/information needed, including existing historical data and data sources
  • Understanding, setting and quantifying reliability requirements/goals and related Key Process Indicators (KPIs)
  • Risk discovery and maintenance significant items (MSI) selection

Utilize/Maintain Phase Activities

  • RCM/FMEA analysis
  • Historical data analysis methods and model building
  • Weibull and life data analysis and modeling
  • Degradation (inspection) data analysis and modeling
  • Recurrent event (repairable system) data analysis and modeling
  • Risk and safety analysis
    • Fault tree analysis (FTA), event trees, risk-based simulations
    • Critical to risk and safety cause mitigation
  • Reliability analysis
    • Failure mode reliability analysis (FMRA), reliability block diagrams (RBDs), importance metrics, sensitivity analysis, baseline reliability and reliability allocation
    • Critical to reliability cause mitigation
  • Maintainability and supportability analysis
    • Availability, throughput and life cost analysis using simulations
    • Critical to maintainability and supportability cause mitigation

Renew/Dispose Phase Activities

  • Optimization of tasks and resources
  • CMMS and FRACAS implementation and usage
  • Reliability-based diagnostics and repair guides

Closing the Loop

  • Communicating, updating and maintaining knowledge items