In the last few years, world-class companies have realized the major influence of risk management on maintenance strategies. The current trend of defining maintenance management as risk management is growing dramatically within major process companies all over the world. The concept of Risk-Based Maintenance (RBM) is currently evolving as the future approach in managing maintenance. This course is mainly designed to discuss the links between maintainability, reliability, availability and risk. The course is mandatory for those responsible for developing reliability and maintenance policies and strategies.
The course will discuss the major reliability aspects of both components and complex systems. It will illustrate the main methods of reliability, availability, and risk including fault-tree, event-tree, master-logic diagram, and probability plotting. Methods for quantifying and propagating parameter uncertainties in engineering systems will be covered. Further, the course will discuss the equipment common cause failures, human reliability analysis, failure analysis, reliability centered maintenance (RCM) and probabilistic risk assessment technique (PRA). The availability concept and reliability considerations for repairable systems will also be explained.
The course will examine the role of maintenance in minimizing the risk of safety or environmental incidents, adverse publicity, and loss of profitability. It will also discuss the risk reduction tools and explain their applicability to specific situations, thereby helping delegates select the tool that best fits their own needs and circumstances. By bridging the gap between designers/maintainers and reliability engineers, the course will help delegates utilize their assets more effectively, safely, and profitably.
This will be an interactive, enjoyable and interesting learning experience. It will utilize a variety of methodologies including lectures and slide presentations. Examples and group exercises allow delegates to acquire a more detailed and practical understanding. Examples of actual obstacles encountered during reliability and risk management will be highlighted. The participation of delegates will be encouraged throughout. Delegates will also have opportunity to discuss issues relevant to their workplace if they so wish.